Tag archive for Probability Distributions

Combining probability distributions in operational risk management

Combining probability distributions in operational risk management

Abstract The major difficulties and challenges which financial institutions face are closely related to the estimation of their level of exposure to operational risk. In their efforts to estimate this level, they construct a probability distribution using expert judgment. In financial institutions however, no common…

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Risk Management in Financial Institutions

Risk Management in Financial Institutions

Author: Dr. J.H.M. van Grinsven; price: € 50,– Risk managers are under pressure to compete in a competitive environment while solidly honoring their professional obligations and navigating their business safely toward the future. Paramount to their success is the ability to identify, assess, formulate and…

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