- Home
Resource Center- Algorithmics Research
- Operational Risk Research
Operational Risk Research
'The Past is Prologue: Lessons From the Stock Parking Events of the 1980s' By Penny Cagan
A discussion on how to examine past frauds and apply their lessons learned to present day events.
The Disclosure Debate
Discussion concerning the effectiveness of new hedge fund filing regulations and if they could have prevented the Bayou Fund fraud.
On Finding Linkages Between Corporate Governance and Operational Risk
A study of the linkages between corporate governance and operational risk.
Ten Myths about Operational Risk Databases
An overview of the characteristics of external loss events and how they can be used and misused as content for operational risk initiatives.
Implications of Alternative Operational Risk Modeling Techniques
This paper examines the empirical regularities in operational loss data, using loss data from six large internationally active banking institutions.
Deconstructing Value
A careful examination of how the characteristics of a loss event can be isolated and analysed in a process that provides context and and content for a robust operational risk self-assessment program.
'Using Loss Data to Quantify Operational Risk'
A discussion that considers newly available data collected from public information sources, and shows how such data can be used to quantify operational risk for large internationally active banks.
Quantifying Capital for Operational Risk
Amidst a great debate over how to quantify capital for operational risk, this edition of 'OR' presents an overview of the alternatives and key considerations in selecting an approach for both internal economic and regulatory capital.
The First Gentle Steps
A discussion of how to achieve an operational risk cultural shift within an organization through the use of a series of common-sense qualitative measures.
Approach with Caution
An honest discussion of both the benefits and pitfalls of designing an operational risk program around an risk indicator approach. Includes examples of risk indicators and an examination of how to develop and track them.
Related Information
FIRST Database Login 
Qualitative analysis of external operational risk events worldwide.
Operational Risk Solutions
Software, content and advisory services for operational risk managers.
Featured Case Study
An External Perspective
Prudential adds an external loss database to its framework of managing operational risk.