New operational risk assessment: the CASTL metod

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60162694%3AG43__%2F13%3A00499072" target="_blank" >RIV/60162694:G43__/13:00499072 - isvavai.cz</a>

Výsledek na webu

<a href="http://vavtest.unob.cz/registr" target="_blank" >http://vavtest.unob.cz/registr</a>

DOI - Digital Object Identifier

—

Jazyk výsledku

angličtina

Název v původním jazyce

New operational risk assessment: the CASTL metod

Popis výsledku v původním jazyce

In the current market turbulence operational risk management is a basic function of every financial institution, including insurance companies. In a situation when principles based on prudent business activities and company solvency are malfunctioning and systematic risk is an ancreasing threat, a new system should be applied. This paper provides basic information on the new quantitative CASTL method, offering a practical classification and ranking of risks (risk scenarios). This dynamic model is not based on past risk and eliminates some deficiencies of existing methods such as the risk matrix assessment models. The method presents a novel view of risk assessment not based on existing models. The new CASTL model shows with examples of insurance operational risks one of the many ways in which companies could react and prepare for dealing with asymmetric threat in the future.

Název v anglickém jazyce

New operational risk assessment: the CASTL metod

Popis výsledku anglicky

In the current market turbulence operational risk management is a basic function of every financial institution, including insurance companies. In a situation when principles based on prudent business activities and company solvency are malfunctioning and systematic risk is an ancreasing threat, a new system should be applied. This paper provides basic information on the new quantitative CASTL method, offering a practical classification and ranking of risks (risk scenarios). This dynamic model is not based on past risk and eliminates some deficiencies of existing methods such as the risk matrix assessment models. The method presents a novel view of risk assessment not based on existing models. The new CASTL model shows with examples of insurance operational risks one of the many ways in which companies could react and prepare for dealing with asymmetric threat in the future.

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AE - Řízení, správa a administrativa

OECD FORD obor

—

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2013

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

The Journal of Operational Risk

ISSN

1744-6740

e-ISSN

—

Svazek periodika

8

Číslo periodika v rámci svazku

3

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

17

Strana od-do

101 - 117

Kód UT WoS článku

—

EID výsledku v databázi Scopus

—