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Operational Risk: Where Is the Value?: A First Order Approximation

Category: IT Management

Tags: capital

Overview This paper focuses on finding the true tangible value of investing in upgrades (such as technology improvements) to the operational risk control framework. Its method calculates an upper and lower bound for the cost of capital incurred from taking on operational risk. This method provides practitioners a first order approximation to quantify the benefits of enhancing the operational risk control framework.

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Publisher
SAS Institute
File Format
PDF
Date Published
Sep 16, 2009
Format
White Papers
Topics
Cost Control - Risk Mgmt.

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