Operational Risk with Excel and VBA: Applied Statistical Methods for Risk Management, + Website

OPERATIONAL RISK EXPOSURES ARE SUBSTANTIAL AND GROWING. Regulators will require that banks reserve capital against operational risk by 2006. This book provides managers, professionals and students with a practical guide to achieving control of operational risk using quantitative methods.
COVERS HOT TOPICS IN OPERATIONAL RISK, such as Bayesian Belief Networks, Bayesian statistics, extreme value theory, and fitting frequency and severity of loss distributions to data.
CASE STUDIES, REVIEW QUESTIONS, AND A DETAILED BIBLIOGRAPHY make this a valuable reference for operational risk managers and students of operational risk.
WEBSITE INCLUDED. Lewis will add spreadsheets on website that can be useful to operational risk managers.