@article{(Open Science Index):https://publications.waset.org/pdf/1484,
	  title     = {Overview of Operational Risk Management Methods},
	  author    = {Milan Rippel and  Pert TeplĂ˝},
	  country	= {},
	  institution	= {},
	  abstract     = {Operational risk has become one of the most discussed topics in the financial industry in the recent years. The reasons for this attention can be attributed to higher investments in information systems and technology, the increasing wave of mergers and acquisitions and emergence of new financial instruments. In addition, the New Basel Capital Accord (known as Basel II) demands a capital requirement for operational risk and further motivates financial institutions to more precisely measure and manage this type of risk. The aim of this paper is to shed light on main characteristics of operational risk management and common applied methods: scenario analysis, key risk indicators, risk control self assessment and loss distribution approach.
	    journal   = {International Journal of Mechanical and Industrial Engineering},
	  volume    = {6},
	  number    = {10},
	  year      = {2012},
	  pages     = {2610 - 2612},
	  ee        = {https://publications.waset.org/pdf/1484},
	  url   	= {https://publications.waset.org/vol/70},
	  bibsource = {https://publications.waset.org/},
	  issn  	= {eISSN: 1307-6892},
	  publisher = {World Academy of Science, Engineering and Technology},
	  index 	= {Open Science Index 70, 2012},