Operations Risk

Managing a Key Component of Operational Risk
Erscheinungsjahr 2006
ISBN: 978-0-7506-6799-9
Verlag: Elsevier Science & Technology

Buch, Englisch, 192 Seiten, Format (B × H): 174 mm x 241 mm, Gewicht: 452 g

Operations Risk--a form of Operational Risk, is becoming increasingly important as more and more sophisticated products and the use of those products occurs in the financial services industry. Outsourcing, including overseas outsourcing, is changing the structure of firms and particularly operations teams. Thus understanding the existing and the changing risk environment in operations functions and its impact on operational risk is centrally important today. The book focuses on areas such as technology risk, people risk, and settlement risk, examining the dangers that lurk within different organisations. Case studies throughout the book illustrate the way in which risk can become magnified and ultimately become a serious danger to the businesses concerned. The reader is challenged throughout the book to interpret given situations in Operations Risk so as to understand the impact of the risks and devise solutions through a series of exercises included in the relevant chapters. (answers are provided). This "self-test� approach will help reinforce understanding of the detailed material contained throughout the book.

Zielgruppe

Primary audience: Risk and Audit Managers, Operations Directors in the financial industry: banks, brokers fund management companies. Secondary market: Audit and legal firms.

Autoren/Hrsg.

Loader, David

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Unternehmensfinanzierung
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Finanzierung, Investition, Leasing

Inhaltsverzeichnis

Ch 1: The Operational Risk Universe; Ch 2: Operations Risk in Investment and Retail Banking; Ch 3: Operations Risk in Broking; Ch 4: Operations Risk in Fund Management and Administration; Ch 5: Operations Risk in Market and Clearing Structures; Ch 6: Operations Risk in Settlement and Custody; Ch 7: Technology Risk in Operations Functions; Ch 8: People Risk; Ch 9: Measuring the Risk; Ch. 10: Business Impactof Operations Risks; Ch 11: Practical Management of Operations Risk; Ch 12: Operations Risk Management as Part of Operational Risk Management; Ch 13: Operations Risk in the Future.

Über Autor(innen)

Loader, David
David Loader is the cofounder of DSC Portfolios Ltd., which specializes in global training and consultancy services for the financial industry. He has worked in the debt, equity, and derivatives markets, and his expertise in back-office dynamics is unparalleled. He has written widely on operations management, derivatives, fund administration, and operational risk.