{"product_id":"operational-risk-measurement-and-modelling-wiley-finance","title":"Operational Risk Measurement and Modelling","description":"Operational risk is emerging as the third leg of an institutional risk strategy for financial institutions. Now recognized as a potential source of financial waste, operational risk has become the subject of surveys, analysis, and the search for a comprehensive set of definitions and a shared framework. Written by a leading expert on operational risk measurement, this important work puts forth a cradle-to-grave hands-on approach that concentrates on measurement of risk in order to provide the needed feedback for managing and mitigating it. Using both theoretical and practical material, he lays out a foundation theory that can be applied and refined for application in the financial sector and beyond which includes a new technique called Delta-EVT(trademark). This technique is a combination of two existing methods which provides for the complete measurement of operational risk loss. The book contains comprehensive step-by-step descriptions based on real-world examples, formulas and procedures for calculating many common risk measures and building causal models using Bayesian networks, and background for understanding the history and motivation for addressing operational risk.","brand":"Thryft Singapore","offers":[{"title":"Like New","offer_id":51535862956313,"sku":"HD61.K564.2001","price":53.9,"currency_code":"SGD","in_stock":false},{"title":"Very Good","offer_id":51535862989081,"sku":"HD61.K564.2001","price":48.9,"currency_code":"SGD","in_stock":false},{"title":"Good","offer_id":51535863021849,"sku":"HD61.K564.2001","price":43.9,"currency_code":"SGD","in_stock":false},{"title":"Well Read","offer_id":51535863054617,"sku":"HD61.K564.2001","price":39.9,"currency_code":"SGD","in_stock":true}],"url":"https:\/\/thryft.sbs\/products\/operational-risk-measurement-and-modelling-wiley-finance","provider":"Thryft","version":"1.0","type":"link"}