Operational Risk Management (ORM05)

Mittwoch, 16. November 2005
Elise-Richter-Saal der Universität Wien

Informationsblatt, Anmeldeformular, Kontakt

Informationsblatt (PDF)
Anmeldeformular (PDF)
Kontakt: Gerald Kamhuber gerald.kamhuber@univie.ac.at

Operational Risk Management

Recently a large focus of regulatory attention has been on what is known as operational risk. Operational risk is concerned with the risk to the firm’s performance due to how the firm is operated as opposed to how the firm is financed.

"Operational risk is a topic which... for the great majority of banks now concerns them as much as credit or market risk. It is a topic to which they will be devoting greater resources and attention over the next few years." Tim Sweeney, Director General, British Bankers Association, 1998.
"The redistribution of risk induces more investment in real assets and hence engenders higher standards of living." Alan Greenspan, Chairman, U.S. Federal Reserve, 14 October 1999.
"The rapid pace of technological advancement and financial innovation has introduced new, highly complex elements of risk." William McDonough, Chairman, Bank for International Settlements, 20 September 2000.

ORM05 - Programm

15:00 - 16:00	Paul Embrechts, ETH Zürich Quantitative Models for Operational Risk: Extremes, Dependence and Aggregation
16:00 - 16:30	Kaffeepause
16:30 - 17:30	Jack King, Universität Wien Operational Risk - Organisational Theory or Financial Mathematics
17:30 - 18:30	Radoslaw Zwizlo, FMA Operationales Risiko aus der Sicht der Finanzmarktwirtschaft
ab 18:30	Abendbuffet

Begleitende Literatur

Alexander J. McNeil, Rüdiger Frey and Paul Embrechts. Quantitative Risk Management: Concepts, Techniques, and Tools. Princeton University Press. 2005
Jack King. Operational Risk: Measurement and Modelling. Wiley. 2001.

Teilnahmegebühr, Anmeldeformular

Teilnahmegebühr: Euro 100 (INFORM- u ÖGOR-Mitglieder Euro 50, Studentenermäßigung möglich)