Managing Operational Risk 2016: New Insights and Lessons Learnt - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Managing Operational Risk: New Insights and Lessons Learnt" book to their offering.

Managing Operational Risk: New Insights and Lessons Learnt addresses the root causes of the unprecedented operational risk losses suffered after the financial crisis; the new and emerging operational risk threats; and the lessons to be learnt for those working within the sphere of operational risk. Through the use of case studies and analysis of industry trends, Michael Grimwade examines how we can make operational risk management more effective.

The book is structured around the following three questions:

1. Why did banks suffer such large operational risk losses during the financial crisis?

2. What is going to cause banks to suffer large operational risk losses again in the future?

3. What should operational risk managers do differently?

It will answer these questions in three sections: the first analyses the drivers behind a series of large operational risk losses; the second sets out potential future threats by examining existing trends, past patterns, and parallels with other industries; the third looks at how operational risk management frameworks can better equip firms in order to avoid repeating the mistakes of the past.

Key Topics Covered:

Part I: What were the Root Causes of the Unprecedented Spike in Operational Risk Losses after the Global Financial Crisis?

1. Three spikes in Operational Risk losses

2. First-Order effects: Transforming Credit Defaults and Market Turmoil into Operational Risk Losses

3. Second-Order effects: Transforming Rising Unemployment and Falling Interest Rates into Operational Risk Losses

4. Conclusions and Root Causes

Part II: What are the New and Emerging Operational Risk Threats?

Introduction to Part II: What are the new and emerging Operational Risk threats?

5. Regulatory change: Part of a Perfect Storm

6. Macroeconomics Threats: Tax, Rising Interest Rates and New Asset Bubbles

7. New Technology: Changing Business Models and Risk Profiles

8. Three Horseman: Societal, Political and Environmental change

9. Backtesting to the Mid-1990s and Conclusions

Part III: What Lessons can the Profession Learn?

Introduction to Part III: What Lessons can the Profession Learn?

10. Defining and cascading Operational Risk appetites

11. Aligning Operational Risk Management Frameworks to Appetites

12. Estimating Exposures to Tail Events

13. Solutions for a Triumvirate of Seemingly Intractable Problems

14. Conclusions

For more information about this book visit http://www.researchandmarkets.com/research/99hrgq/managing

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
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For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Accounting

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Accounting