{"product_id":"operational-risk-measurement-and-modelling-1","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(TM). 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":"bookshop.lol","offers":[{"title":"Thryft - Used (Like New)","offer_id":43307566727246,"sku":"9780471852094","price":53.9,"currency_code":"SGD","in_stock":false},{"title":"Thryft - Used (Very Good)","offer_id":43307566760014,"sku":"9780471852094","price":48.9,"currency_code":"SGD","in_stock":false},{"title":"Thryft - Used (Good)","offer_id":43307566792782,"sku":"9780471852094","price":43.9,"currency_code":"SGD","in_stock":false},{"title":"Thryft - Used (Well Read)","offer_id":43307566825550,"sku":"9780471852094","price":39.9,"currency_code":"SGD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0645\/3857\/4926\/files\/464572_901417fb-e042-4202-a461-d840223a1ed3.jpg?v=1768169315","url":"https:\/\/bookshop.lol\/products\/operational-risk-measurement-and-modelling-1","provider":"bookshop.lol","version":"1.0","type":"link"}