Advances in Operational Risk: Firmwide Issues for Financial Institutions

A new multi-contributor title that brings together the very latest insights to operational risk and its related issues, practices and developments.

Discusses a variety of subjects including acquisition and merger risk, compliance issues and reputational risk.

Examines the potential for operational losses arising from the increasing use of technology and the relatively new operational threat of e-commerce risk.

Contributions from all quarters including respected industry participants, regulators, industry bodies and academics active in the area of operational risk.

Incorporates recent developments within the regulatory environment plus the new Basle Accord.

Offers both qualitative and quantitative approaches.

an interesting collection of papers that provides insight into the evolution of approaches to measurement and management of operational risk. -- Satyajit Das, The Finance and Treasury Professional

an outstanding work. No other book on operational risk offers the sophistication, clarity or breadth that this one does. -- Reviewed by Glyn Holton, Contingency Analysis