Measuring correlations among aggregate operational risk losses has a significant impact on calculating regulatory operational risk capital requirements. In the literature, these correlations are often ...

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 ...

Challenging times present an opportunity for organizations to perform detailed assessments of their operations. While recent stock market turmoil has many organizations worried about both short and ...

IN EARLY JULY, NASA's Juno spacecraft successfully entered Jupiter's orbit. The project's principal investigator claimed the feat was "the hardest thing NASA has ever done." The logistics of the ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Thomas J Catalano is a CFP and Registered Investment Adviser with ...