Algorithmics provides financial institutions with access to the industry's most complete set of operational risk loss events through a qualitative case study repository and a quantitative loss database.

Products

Features

FIRST provides free-text searching and easy access to charts, graphs and timelines that identify loss events by a variety of factors, including product type, event triggers and control breakdowns.

Benefits

Organizations can proactively apply 'lessons learned' from FIRST to prevent losses before they occur. Insights can also be used to help reduce investment risk, enhance internal controls, and provide content for internal newsletters, reports and discussions.

Related Downloads

The Replication Game

How ING put together a portfolio replication and economic capital calculation system for its global insurance business within two years.

Life & Pensions, April 2007. *Reproduced with permission

Cive Davidson

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Operational Risk Case Studies Brochure

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Algo FIRST

Understand exposure to potential losses and protect reputation and franchise value.

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Hedge Funds Fact Sheet

Financial Institutions Fact Sheet

Insurance Companies Fact Sheet

Related Information

Life & Pensions Awards

Tom Wilson of ING brings in central standardized replicating portfolio across 30 plus countries

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Featured Case Study

Taking the FIRST

Alternative investment firm Man Group subscribes to external loss database.

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Featured Research

The Disclosure Debate

Could new hedge fund filing regulations have prevented the Bayou Fund fraud?

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The Lessons Learned from Hedge Fund Frauds, Losses, and Mishaps

This paper examines the need for due diligence and best practices on the buy side following the Madoff fraud.

Penny Cagan
The RMA Journal. November 2009. Reproduced with permission.

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FIRST Database

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Qualitative analysis of external operational risk events worldwide.