Catalina Bolance Montserrat Guillen Jim Gustafsson
Using real-life examples from the banking and insurance industries, Quantitative Operational Risk Models details how internal data can be improved based on external information of various kinds. Using a simple and intuitive methodology based on classical transformation methods, the book includes real-life examples of the combination of internal data and external information.
A guideline for practitioners, the book begins with the basics of managing operational risk data to more sophisticated and recent tools needed to quantify the capital requirements...
Using real-life examples from the banking and insurance industries, Quantitative Operational Risk Models details how internal data...