Dimensions
156 x 234 x 14mm
In the second decade of the 21st century, risks to
operations in financial service firms are everywhere. The
global financial crisis of 2007-2009 occurred in an
environment of multiple operational problems, but even
before the crisis banks were suffering a range of
inefficiencies and gaps as they sought to provide
services. Meanwhile guidance approaches operational risk
as either a set of boxes to be ticked off, or an abstruse
set of calculations to be undertaken at ever greater
remove from the human reality of day-to-day work in a
financial services firm. Stepping into this gap, and
providing clear and accessible guidance for financial
firms of all sizes and activities, The Operational Risk
Toolbox for Financial Services is a groundbreaking new
book. It seeks to apply for the first time a range of
proven ops risk techniques from other industries and
disciplines to the troubled territory of financial
services. Operational risk expert Brian Barnier
introduces a range of sophisticated, dependable and -
crucially - approachable tools for risk evaluation, risk
response and risk governance.