Advancing the Field of Quantitative Finance
formerly the IAFE

Event

Event: The Boundaries Between Credit Risk and Operational Risk: Are They Real?
Date: April 14, 2008
Time: 5:30 Registration, 6:00 Program Begins, 7:30 Reception
Location:
Goldman Sachs
133 Fleet Street
London

The Operational Risk Committee of the International Association of Financial Engineers presents

The Boundaries Between Credit Risk and Operational Risk:
Are They Real?

Monday, April 14, 2008
Goldman Sachs
133 Fleet Street
London

Panelists:
Krishnan Ramadurai, Fitch Ratings
David Rowe, SunGard
Fagan Shah, Prudential Plc
John Winter, Algorithmics

Moderator:
TBA

Are the boundaries between operational and credit risk, as defined by regulators and the industry, meaningful?

Are they any more than artificial designations defined by regulators for capital/quantitative purposes?

Do they impact how we manage risk?

In regards to the definition of operational risk, as drafted by the BIS and accepted by the industry, does it truly define the dimensions of operational risk? Have we defined ourselves into a box?

Can we attribute subprime mortgage problems to credit or operational risk, or both? Does it matter? What are the underlying operational risk issues? What are the underlying credit risk issues?

What value can operational risk professionals and best practices bring to the management of credit risk? What value can credit risk professionals and best practices bring to the management of operational risk?

Is it possible to overcome definitional confines and start envisioning the management of risk as a holistic discipline? What would that take?

Sponsored By:
Algorithmics


Hosted By:
Goldman Sachs