Operational Risk: Sources, Symptoms and Cures

This fully revised and updated third edition of this ground- breaking book (formerly Back Office and Beyond) is an essential read for anyone wanting his/her organisation to thrive and survive, containing particularly practical guidance and advice, including the implications of CAD II. There is a compelling requirement for aspects of risk to be situated in the Back/Middle Office areas. Indeed, they should be involved at first base: for if data is not captured accurately, there is little chance of the institution's risk profile being accurate. With so many banks offering similar products and pricing, accurate and speedy settlements have become a competition issue not to be ignored.