We Manage Risk Better

Home   |   Products   |   Risk Management   |   About Us   |   RM Blog 

 Follow us on  Twitter Icon Facebook Icon

  Risk Management - 1

  Information Technology RM
  Fire Risk Management
  Operational Risk Management
 Risk Management - 2

  Risk Management Tools
  Enterprise Risk Management
  Project Risk Management
  Risk Management - 3

  Corporate Risk Management
  Healthcare Risk Management
  Risk Analysis






  Operational Risk Management

Although the financial crisis has highlighted the importance of good risk management to senior management, op risk managers are still finding it difficult to secure buy-in and support from their top executives. Regulators are also worried about the lack of experienced op risk personnel at firms, which has been made apparent in the contradiction between what firms say they are doing in relation to operational risk management and what they are doing in practice.

The large banking groups around the world have already scooped up the best talent in the operational risk space, particularly in the UK, where many of the brightest talents have been lured to HSBC as is ramps up its op risk programme.

Recently Algorithimics, the leading provider of risk solutions was awarded a patent for its operational risk capital modelling framework. This framework provides a method for aggregating loss estimates, using a combination of the actuarial technique of estimating frequency and severity separately, and combining these using Monte-Carlo simulation to produce an overall estimate. By performing these calculations for the individual business lines and risk types, and then combining these estimates, clients can arrive at a "bottom-up" estimate for their overall risk exposure.

  Risk Management - 4

  Financial Risk Management
  Credit Risk Management
  Energy Risk Management
  Risk Management - 5

  Emergency & Disaster RM
  Risk Management Software
  Managing Risk
  Risk Management - 6

  Supply Chain Risk Management
  Risk in Agriculture
  Vendor Risk Management



Main Site Navigation:
   |   About Us  |  Disclaimer   Risk News   |   Contact Us

 Site Navigation:
Standard Fire & Special Peril Policy
   |  Marine Cum Erection All Risk   |   Contractor Plant & Machinery   |   Contractor All Risk   |   Machinery Breakdown
Marine Cargo
   |   Advance Loss of Profit   |   Fire Loss of Profit   |  Machinery Loss of Profit

Copyright 2010 All Rights Reserved Risktechnik.com

Insurance Companies | Policies | Risk Blog | Sitemap