Of the main areas of risk management, operational risk has the shortest history, with the industry beginning to give it serious consideration only 25 years ago. In that time, the industry has made ...

Simply put, the old levers of profitability — billable hours and rate increases — are no longer sufficient. Firms that fail ...

“The information value of past losses in operational risk”, Filippo Curti and Marco Migueis argue that improving the performance of operational risk models allows banks’ management to make more ...

Schmidt, William, and Ananth Raman. "Operational Disruptions, Firm Risk, and Control Systems." Manufacturing & Service Operations Management 24, no. 1 (January ...