Loss data
Top five losses: Citi pays $730m to MBS investors
Operational risk loss data – March 2013
Quarterly US bank loss data – Q3 2012
Quarterly US bank loss data – Q3 2012
Top five losses: op risk loss levels return to monthly norms
Operational risk loss data – February 2013
Top five losses: US banks hit by Fed/OCC payouts
Operational risk loss data – January 2013
Fraud losses drop for US banks
Fraud losses drop for US banks
More risk at the top table
Top 100 banks
Operational risk survey shows risks higher at large banks
Operational risk losses are disproportionately high at large banks, new survey finds
A model future (part I)
Models that use factors such as key risk indicators, or KRIs, for inputs align the op risk function with credit risk and market risk - and may increase the effectiveness of operational risk within an organisation. Marcelo Cruz looks at key factors in…
OpRisk Europe: FSA’s Sheen warns on data quality
Operational risk managers need to bear in mind that loss data has limitations, says the FSA’s Andrew Sheen
Marcelo Cruz: Robust estimation
A number of recent papers submitted to the Journal of Operational Risk on robust estimation reflect the concerns of the op risk modelling community about the reliability of parameter estimation in severity distributions
Types of operational risk loss by event, April 2010 to April 2012
The top five op risk loss events in April
'Clients, products and business practices’ the biggest op risk type in March
Types of operational risk loss by event, March 2010 to March 2012
Why, when and how should loss data be scaled?
Economies of scale
On humility
It's nice to see op risk managers becoming more aware of their limitations
Cifas data shows identity theft rose in 2011
Operational risk data
Internal fraud climbs in public sector, PwC survey finds
PricewaterhouseCoopers (PwC) survey finds rising fraud levels, especially committed by insiders, and SAS monthly loss data shows financial services firms continued to suffer from ‘Clients, products and business practices’ issues in January
Types of operational risk loss by event, December 2009 to December 2011
Op risk loss data
The correlation of operational risk with economic scenarios
Marcelo Cruz highlights the problems that can arise when analysing the relationship between operational risk and macroeconomic factors
Dispute over direction of loss data consortiums
Data discord
Op risk losses reach lowest point in two years in October
The top losses for October from SAS Software and the US's losses in Q1 2011 from the ABA Operational Loss Data Sharing Consortium
Types of operational risk loss by event, June 2009 to June 2011
SAS June data shows a return to smaller losses, and FinCen's new data shows the number of suspicious activity reports filed by US depository institutions falling for the second year in a row