Measuring and Managing Operational Risk: An Integrated Approach (Palgrave Macmillan Studies in Banking and Financial Institutions) - Hardcover

Hardcover

ISBN 10: 331969409X ISBN 13: 9783319694092

Publisher: Palgrave Macmillan, 2018

Synopsis

This book covers Operational Risk Management (ORM), in the current context, and its new role in the risk management field. The concept of operational risk is subject to a wide discussion also in the field of ORM’s literature, which has increased throughout the years. By analyzing different methodologies that try to integrate qualitative and quantitative data or different measurement approaches, the authors explore the methodological framework, the assumptions, statistical tool, and the main results of an operational risk model projected by intermediaries. A guide for academics and students, the book also discusses the avenue of mitigation acts, suggested by the main results of the methodologies applied. The book will appeal to students, academics, and financial supervisory and regulatory authorities.

About this title

About the Author

Paola Leone is Professor of Banking and Finance at the Sapienza University of Rome, Italy, where she teaches Risk Management. Her main research interests are banking, capital markets, risk management, mutual guarantee institutions, Bank Recovery and Resolution Directive (BRRD).

Pasqualina Porretta is Associate Professor in Banking and Finance at Sapienza University of Rome, Italy, where she teaches Risk Management in bank and insurance and derivatives. Her main research interests are risk measurement and management, capital regulatory framework, financial derivatives, credit guarantee institutions and microcredit.

Mario Vellella is a Risk Manager with more than 10 years’ distinguished experience in operational risk management within Poste Italiane, BancoPosta, Rome, Italy.  His specific research interest areas are enterprise risk Management, process analysis, risk mitigation, risk mapping and evaluation for firm operating in different sectors (financial or non-financial sectors).

From the Back Cover

This book covers Operational Risk Management (ORM), in the current context, and its new role in the risk management field. The concept of operational risk is subject to a wide discussion also in the field of ORM’s literature, which has increased throughout the years. By analyzing different methodologies that try to integrate qualitative and quantitative data or different measurement approaches, the authors explore the methodological framework, the assumptions, statistical tool, and the main results of an operational risk model projected by intermediaries. A guide for academics and students, the book also discusses the avenue of mitigation acts, suggested by the main results of the methodologies applied. The book will appeal to students, academics, and financial supervisory and regulatory authorities.

Edition details

• Publisher: Palgrave Macmillan
• Publication date: 2018
• Language: English
• ISBN 10: 331969409X
• ISBN 13: 9783319694092
• Binding: Hardcover
• Edition number: 1
• Number of pages: 231
• Editor: Leone Paola, Porretta Pasqualina, Vellella Mario