Replies

  • Clark suggests the best option--the SAS OpRisk Global Data is very specific and filterable for your needs. 

    For generic/sanitized % data, look at the Basel QIS studies.

    Clark Richard Abrahams said:

    Lee -- Yes!  SAS OpRisk Global Data is the world's most comprehensive external loss database that contains all publicized losses exceeding USD 100,000.  Currrently more than 21,000 loss events from the global financial services industry are documented with up to 60 data fields each.  The data is collected by a team of operational risk research analysts specializing in library sciences and financial services.  It is sourced from over 30,000 publications globally.  It identifies and groups all related events.  Quarterly updates are available.  Please contact me if you are interested in pursuing this avenue. -- Clark Abrahams

  • You could also try th F1rst database from Algorithmics

    http://www.algorithmics.com/en/services/23-prodserv.cfm

     

     

     

  • Contact the ABI. Their ORIC consortium categorises losses by Basel II categories. More information available at www.abioric.com
  • To further add clarity, the losses we are looking for cover all the Basel II categories. Whilst industry losses are useful, we understand that they are not always totally relevant to our client's model as an inter-dealer broker but covering energy, shipping, voice and electronic trading as well as data provision for 3rd parties,credit, market, liquidity, strategic, clearing and settlement and general ops risk losses Iinc legal, compliance & regulatory) would be useful.

    Also if anyone has any historical data, that could be useful as we are trying to build a contingent picture across a probability of using up to 20 years for short term appetite as well as top down scenario discussions for the next 50 years.

  • Lee -- Yes!  SAS OpRisk Global Data is the world's most comprehensive external loss database that contains all publicized losses exceeding USD 100,000.  Currrently more than 21,000 loss events from the global financial services industry are documented with up to 60 data fields each.  The data is collected by a team of operational risk research analysts specializing in library sciences and financial services.  It is sourced from over 30,000 publications globally.  It identifies and groups all related events.  Quarterly updates are available.  Please contact me if you are interested in pursuing this avenue. -- Clark Abrahams

  • Can you be more specific as to what kind of loss date you are looking for?

     

    Wayne Wickham

  • Hi,

     

    I don't know if it corresponds to what you're looking for, see these links

    http://research.aberdeen.com/1/toolkit/dlp.html

     

    and

    http://www.ft.com/cms/s/0/d22d93a8-fe17-11de-9340-00144feab49a.html...

     

    Good luck

     

    Abder Seridji

  • Try the Operational Risk database.  They collect loss data for FI, but not sure if they include UK banks.  I believe data is free if you join the network and report losses.

    http://www.orx.org/orx-data

  • Hi Lee

    Can you be more specific about the data you are looking for? Do you mean losses from e.g. insured events or trading losses etc.

    Best Regards

    Bill May

  • Hi Lee

     

    The best place is the BBA's GOLD database - see the link attached

     

    http://www.bba.org.uk/statistics/article/global-operational-loss-da...

     

    Unfortunately I do not have access to it - perhaps someone elese in the community does!!

     

     

This reply was deleted.

[Free COVID-19 Framework] What's the path to recovery look like?

We created a free presentation (attached), which discusses both global and organizational impacts of the COVID-19 pandemic, along with critical actions organizations should take immediately. This presentation introduces a framework that helps regions and organizations navigate a path to recovery via 9 potential scenarios. These scenarios capture outcomes related to GDP impact, public health response, and economic policies. The presentation also breaks down 6 immediate and critical actions…

Read more…
3 Replies · Reply by Boris Agranovich Jan 2
Views: 32

If risk management is about decision making, are current risk management solutions irrelevant?

Now that the updated COSO and ISO risk management standards emphasize a connection to enterprise objectives and decision making, does this mean ERM and GRC solutions focused on risk registers and regulatory compliance are missing the true value of risk management?Will current risk management solutions evolve to integrate more decision support functionality or will standalone prescriptive analytics and other technology solutions take a more prominent role in enabling risk-informed…

Read more…
3 Replies
Views: 20

A question related to classification of instruments between trading and banking book.

We have an interesting question from one of our members.       "We usually perform OTC FX transactions with clients backed-to-back on the market (with Banks). Now we are going to perform a FX swap (i.e. Spot + forward) JPY/EUR for the Bank account for 1 week at the longest. The purpose is to get EUR place @ CB for LCR compliance purpose (no trading purposes). Bank's Management think that this should be considered as a trading position and therefore be classified within the Bank's trading book.…

Read more…
4 Replies
Views: 54

Plunging oil prices: curse or blessing in disguise?

The recent sudden crash of oil prices has had a major impact on the world economy, leading to many troubled faces in the international arena. The Russians fear the effects of yet another powerful hit on their economy, Venezuela seems to be considering default and the Americans are weary of the consequences for its young and emerging shale oil industry. And then you have the Middle East, where the smallest match is enough to ignite the largest fire. But are these worries really justified or…

Read more…
1 Reply
Views: 9

Introducing the Global Risk Series - Book 1 Risk Management How Tos

Dear GlobalRisk Community member, Our community’s mission is to foster business, networking and educational explorations among members. Learn from some of the top experts in the industry as they clearly explain how to approach the most important Risk management concepts. Check out their expert tips and use the link at the end of each article to navigate back to the website to leave your comment or ask a question. Some of the topics include: How do you Explain Risk Appetite?  How to Prepare a…

Read more…
12 Replies
Views: 79

    About Us

    The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.

    Business Partners

    For companies wanting to create a greater visibility for their products and services among their prospects in the Risk market: Send your business partnership request by filling in the form here!