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Changes in Markets, Techniques, Technologies, and Products Have Altered the Landscape of Operations and Fueled the Explosive Development of Operational Risk Management.


DUBLIN Dublin, city, Republic of Ireland
Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River.
, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c26971) has announced the addition of E-Learning Course - Operational Risk Management to their offering.

Changes in markets, techniques, technologies, and products have altered the landscape of Operations and fueled the explosive development of Operational Risk management.

The regulators of financial and public companies are demanding a far greater level of disclosure and awareness by directors about the risks they manage and the effectiveness of the controls they have in place to reduce or mitigate mit·i·gate
v.
To moderate in force or intensity.



miti·gation n.
 these risks. There is also a greater realization that a major source of earnings volatility can be attributed to the way a firm operates and not "financial risk". All these changes have triggered the need for an efficient Operational Risk Management system in organizations.

This comprehensive e-learning product covers sound Operational Risk Management Framework, Methodologies and Practices. It proposes the development of Operational Risk Management in financial institutions as a distinct function with its own process, structure, tools and measures.

After completing this course, you will be conversant CONVERSANT. One who is in the habit of being in a particular place, is said to be conversant there. Barnes, 162.  with:

-- A framework and methodology for measuring and modeling Operational Risk

-- How to identify, analyze, measure and manage risks by employing models and methodologies

-- Various softwares offered by vendors for Operation Risk Management

Every professional involved in the global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 industry (as a provider, user, regulator regulator,
n the mechanical part of a gas delivery system that controls gas pressure that allows a manageable flow of drug vapor to escape.


regulator

see reducing valve.
 or advisor of product/services, marketplace/exchange) would benefit from these innovative solutions.

The course consists of a library of 21 courses as follows:

-- Introduction to Operational Risk Objectives

-- Basic Concepts

-- Regulatory Treatment of Operational Risk under Basel-II

-- Operational Risk in Various Banking Sectors

-- Operational Risk in insurance

-- Developing objectives and identifying risks

-- Estimating potential losses - Data

-- Estimating potential losses - Loss distributions

-- Analyzing risks

-- Loss prediction and prevention

-- Loss control

-- Loss reduction and risk avoidance

-- Risk financing

-- Measurement framework

-- ORM ORM - Object Role Modeling  in practice

-- Enterprise-wide Risk Management (ERM (Enterprise Relationship Management) An umbrella term with many shades of meaning over the years. It may refer to the management of information from any or all of an organization's customers, suppliers, business partners and employees. )

-- Basic and causal models A causal model is an abstract model that uses cause and effect logic to describe the behaviour of a system. See also
[IMG][1]]
  • Bayesian network
  • Causal loop diagram
  • Systems biology
  • Econometrics
  • Forecasting
 

-- Legal risk and taxation rules

-- E-banking

-- Systems and software

-- Case study Barings Objectives

For more information visit http://www.researchandmarkets.com/reports/c26971
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 2, 2005
Words:332
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