Overview
- Analyzes the evolution of regulatory framework on ORM and its impacts on banking systems (measurement, management, monitoring and reporting) and on the new Supervisory Review Process (SREP)
- Explores the measurement framework that tries to integrate qualitative and quantitative data or different measurement approaches in relation to regulatory measurement
- Explains the methodological framework, the assumptions, statistical tool, and the main results of an operational risk model projected by intermediaries that adopt a business model with significant operational losses
- Includes supplementary material: sn.pub/extras
Part of the book series: Palgrave Macmillan Studies in Banking and Financial Institutions (SBFI)
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About this book
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.
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Keywords
Table of contents (6 chapters)
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Front Matter
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Back Matter
Editors and Affiliations
About the editors
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).
Bibliographic Information
Book Title: Measuring and Managing Operational Risk
Book Subtitle: An Integrated Approach
Editors: Paola Leone, Pasqualina Porretta, Mario Vellella
Series Title: Palgrave Macmillan Studies in Banking and Financial Institutions
DOI: https://doi.org/10.1007/978-3-319-69410-8
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Author(s), under exclusive license to Springer International Publishing AG, part of Springer Nature 2018
Hardcover ISBN: 978-3-319-69409-2Published: 12 January 2018
eBook ISBN: 978-3-319-69410-8Published: 26 December 2017
Series ISSN: 2523-336X
Series E-ISSN: 2523-3378
Edition Number: 1
Number of Pages: XX, 211
Number of Illustrations: 40 b/w illustrations
Topics: Risk Management