## Practical Methods for Measuring and Managing Operational Risk in the Financial Sector : A Clinical Study

- Ariane Chapellea Yves Cramab Georges Hübnerc Jean - Phili Petersd
- 2007

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@inproceedings{Frachot2001LossDA, title={Loss Distribution Approach for operational risk ∗}, author={A. Frachot and Patrick Georges and T. Roncalli}, year={2001} }

- Published 2001

In this paper, we explore the Loss Distribution Approach (LDA) for computing the capital charge of a bank for operational risk where LDA refers to statistical/actuarial methods for modelling the loss distribution. In this framework, the capital charge is calculated using a Value-at-Risk measure. In the first part of the paper, we give a detailed description of the LDA implementation and we explain how it could be used for economic capital allocation. In the second part of the paper, we compare… CONTINUE READING

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