Risk Management in Financial Institutions



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Brochure More information from http://www.researchandmarkets.com/reports/2605594/ Risk Management in Financial Institutions Description: This is one of the very few books that focuses on the qualitative risk management methodologies of both banks and insurance companies in one place. It also benefits from the truly world-class contributors who are internationally recognized for their expertise in this area. Who should read this book? Risk managers within banks and insurance companies, students of risk management, and those interested in the risks of financial institutions. The book is actually practical in the sense that if focuses on what can be done and explains what is not yet possible. So, regulators and politicians and journalists who monitor regulators should have a keen interest as well. Why should you buy this book? This is one of the very few books that focusses on the qualitative risk management methodologies of both banks and insurance companies in one place. It also benefits from the truly world-class contributors who are internationally recognized for their expertise in this area. Because it focuses on qualitative risk management, it generates ideas and questions that can be posed to financial institutions. One of the ploys that these institutions use to fend off oversight and criticism is to try to deflect discussion to the technical minutiae of quantitative models, knowing that their questioners have no ability to see through the models. What are the key benefits of the book? The reader will get a deep understanding of most of the major risks facing banks and insurance companies. He will also understand the limitations of current risk management capabilities. This enables the reader to make judgments on how well and how honestly financial institutions are reporting their risk and mitigation activities. It is probably the only book that encapsulates all of these major risks in one place, combining issues for banks and insurers, and has world-renowned experts covering them. It is not inundated with formulas and models. Indeed, its primary focus is to deal with issues that cannot be handled by such models. Therefore, it is of practical use. What are the key features of the book? The main features of the book are the breadth of topics it covers, from operational and enterprise risk management, to reputational risk, and regulatory challenges. Each chapter is a practical guide to its topic. What are the special characteristics of the book that make it better than the competition? It had a group of truly world-class contributors, it covers most of the major risks facing financial institutions, and it covers both banking and insurance; allowing executives from both type of organization to learn from their peers. Contents: Chapter 1 - Managing the risks in financial institutions Shahin Shojai, Chairman and CEO, Applied Thinking FZE and Former Global Head of Strategic Research, Capco George Feiger, Executive Dean, Aston Business School Operations and IT Risk Chapter 2 - Operational risk in the insurance industry Russell Walker, Clinical Associate Professor and Associate Director of the Zell Center for Risk Research, Kellogg School of Management, Northwestern University

Chapter 3 - The future of operational risk management in banking: from deterministics towards heuristics and holistics? Brendon Young, Chairman Risk Research Foundation (ORRF), and Founding President Institute of Operational Risk Chapter 4 - Keeping markets safe in a high speed trading environment Carol L. Clark, Senior Policy Specialist, Financial Markets Group, Federal Reserve Bank of Chicago Chapter 5 - Algorithmic trading, flash crashes, and IT risk Philip Treleaven, Professor of Computer Science, and Director, PhD Centre in Financial Computing, University College London Michal Galas, Researcher, PhD Centre in Financial Computing, University College London Chapter 6 - Cultures of risk? Paul Willman, Professor of Management, London School of Economics and Political Science Mark Fenton-O Creevy, Professor of Organisational Behaviour, Open University Business School Chapter 7 - Reputation management after 2007 Roland Schatz, Founder and CEO, Media Tenor International AG Regulatory & Enterprise Risk Chapter 8 - Theories of regulatory risk: the surprise theory, the arbitrage theory, and the regulatory mistake theory Jonathan R. Macey, Sam Harris Professor of Corporate Law, Corporate Finance and Securities Law, Yale Law School Chapter 9 - Key principles of Enterprise risk management for insurance groups David Ingram, Executive Vice President, Willis Re Chapter 10 - Enterprise risk management in financial intermediation revisited Stuart Greenbaum, Bank of America Emeritus Professor of Managerial Leadership, Olin Business School, Washington University in St. Louis Future Chapter 11 - Re-engineering risks and the future of finance Charles S. Tapiero, Topfer Chair Distinguished Professor of Financial Engineering and Technology Management, Department of Finance and Risk Engineering, NYU-Polytechnic Institute Chapter 12 - The future of financial regulation Patricia Jackson, Partner and Head of Financial Regulatory Advice EMEIA, Ernst & Young LLP Stefan Walter, Principal and Global Bank Supervisory and Regulatory Policy Leader, Ernst & Young LLP Chapter 13 - Global banking after the cataclysm Roy C. Smith, Kenneth Langone Professor of Finance, NYU Stern School of Business Ordering: Order Online - http://www.researchandmarkets.com/reports/2605594/ Order by Fax - using the form below Order by Post - print the order form below and send to Research and Markets, Guinness Centre, Taylors Lane, Dublin 8,

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