Operational Risk Management - The Practical Application of a Qualitative Approach (Paperback)

Operational risk is becoming a major management concern for most organisations. Since certain major events, such as the 9/11 disaster and the Barings Bank saga, various industries are recognising operational risk as a major risk type alongside the traditional risk types such as credit, market and liquidity risks. It is therefore essential to understand the components of operational risk management and how to approach it in a practical way. This title will assist organisations, operating within various industries, to develop and implement an operational risk management process that will assist in achieving their business objectives.