{"product_id":"9781119508502","title":"Operational Risk Modeling in Financial Services The Exposure, Occurrence, Impact Method","description":"\u003ch3\u003eWiley Finance\u003c\/h3\u003e\u003ch1\u003eOperational Risk Modeling in Financial Services\u003c\/h1\u003e\u003ch2\u003eThe Exposure, Occurrence, Impact Method\u003c\/h2\u003e\u003ch3\u003ePatrick Naim | Laurent Condamin\u003c\/h3\u003e\u003cdiv\u003e\u003cb\u003eBusiness \u0026amp; Economics \/ Finance \/ General\u003c\/b\u003e\u003c\/div\u003e\u003cbr\u003e\u003cdiv\u003e\n\u003cp\u003e\u003cb\u003eTransform your approach to oprisk modelling with a proven, non-statistical methodology\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eOperational Risk Modeling in Financial Services\u003c\/i\u003e provides risk professionals with a forward-looking approach to risk modelling, based on structured management judgement over obsolete statistical methods. Proven over a decade’s use in significant banks and financial services firms in Europe and the US, the Exposure, Occurrence, Impact (XOI) method of operational risk modelling played an instrumental role in reshaping their oprisk modelling approaches; in this book, the expert team that developed this methodology offers practical, in-depth guidance on XOI use and applications for a variety of major risks.\u003c\/p\u003e \u003cp\u003eThe Basel Committee has dismissed statistical approaches to risk modelling, leaving regulators and practitioners searching for the next generation of oprisk quantification. The XOI method is ideally suited to fulfil this need, as a calculated, coordinated, consistent approach designed to bridge the gap between risk quantification and risk management. This book details the XOI framework and provides essential guidance for practitioners looking to change the oprisk modelling paradigm.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eSurvey the range of current practices in operational risk analysis and modelling\u003c\/li\u003e \u003cli\u003eTrack recent regulatory trends including capital modelling, stress testing and more\u003c\/li\u003e \u003cli\u003eUnderstand the XOI oprisk modelling method, and transition away from statistical approaches\u003c\/li\u003e \u003c\/ul\u003e \u003cul\u003e \u003cli\u003eApply XOI to major operational risks, such as disasters, fraud, conduct, legal and cyber risk\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThe financial services industry is in dire need of a new standard — a proven, transformational approach to operational risk that eliminates or mitigates the common issues with traditional approaches. \u003ci\u003eOperational Risk Modeling in Financial Services \u003c\/i\u003eprovides practical, real-world guidance toward a more reliable methodology, shifting the conversation toward the future with a new kind of oprisk modelling. \u003c\/p\u003e\n\u003c\/div\u003e\u003cdiv\u003e  \u003cp\u003e\u003cb\u003ePATRICK NAIM\u003c\/b\u003e is the CEO of Elseware and widely recognized as an expert for operational risk modeling and quantification. Patrick has extensive experience in advising banks, insurance and energy companies for over 20 years in Continental Europe, the United Kingdom, and North America. He is also the author of \u003ci\u003eRisk Quantification: Management, Diagnosis and Hedging and Bayesian Networks: a Practical Guide to Applications,\u003c\/i\u003e both from Wiley.  \u003c\/p\u003e\n\u003cp\u003e\u003cb\u003eLAURENT CONDAMIN, P\u003csmall\u003eH\u003c\/small\u003eD,\u003c\/b\u003e is Managing Partner and Researcher at Elseware. For the past 10 years, he has been advising the largest financial institutions. His areas of expertise are operational risk modeling, stress testing, credit rating modeling, project risk analysis, insurance coverage optimization and cost-benefit analysis. \u003c\/p\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublication Date: \u003c\/td\u003e\n\u003ctd\u003e04 June 2019\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublisher: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eImprint: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eISBN-13: \u003c\/td\u003e\n\u003ctd\u003e9781119508502\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFormat: \u003c\/td\u003e\n\u003ctd\u003eHardback\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePage Count: \u003c\/td\u003e\n\u003ctd\u003e320\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWeight (oz): \u003c\/td\u003e\n\u003ctd\u003e24.8\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":44314271907980,"sku":"9781119508502","price":59.4,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9781119508502.jpg?v=1780112835","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9781119508502","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}