Risk Management in Finance: Six Sigma and Other Next-Generation Techniques - Rilegato

Tarantino, Anthony; Cernauskas, Deborah

Rilegato

ISBN 10: 0470413468 ISBN 13: 9780470413463

Casa editrice: John Wiley & Sons Inc, 2009

Riassunto

Implement next-generation techniques-before disaster strikes—and improve operation risk management

"The recent global economic crisis has brought home the need for realistic operational risk management as an important element of an organization's survival strategy in turbulent times. In Risk Management in Finance Dr. Tarantino and his coauthors provide an operational risk framework for the twenty-first-century organization by culling the state-of-the-arts knowledge on next-generation techniques in financial risk management to forestall major risk management failures. This book represents a landmark contribution in attempting to create a corporate world that is able to cope with major crisis. The book should be on the must read list for all those interested in reforming corporate governance."
—Dr. Anwar Shah, Lead Economist and Program Leader, Governance, World Bank Institute

"As operational risk management advances, interest in process-centered risk management has grown. This timely book presents a valuable overview of leading-edge theory and practice."
—Simon Wills, Executive Director, Operational Riskdata eXchange Association (ORX), the world's largest banking association for sharing operational loss data

Su questo libro

Informazioni sull?autore

Dr. Anthony Tarantino is an adjunct professor, Leavey School of Business, Santa Clara University; Board Director for the Center for Business Innovation in Finance and Investment, Santa Clara University; and former senior adviser to IBM's Governance, Risk, and Compliance Center of Excellence. Dr. Tarantino has nearly thirty years of experience in risk management, regulatory compliance, and business transformation on both the consulting and business side. He became a Six Sigma Black Belt in 2006 and a Certified SOX Pro in 2008. He has written articles for Journal of Operational Risk, the Institute of Industrial Engineers, Accounting Today, the Cutter IT Journal, and the Institute of Supply Management (ISM), and is a frequent keynote speaker and workshop leader for U.S. and international conferences.

Dr. Deborah Cernauskas is Senior Adviser to the Center for Business Innovation in Finance and Investment, Santa Clara University; and Senior Adviser to IBM's Governance, Risk, and Compliance Center of Excellence. Her career includes time spent in both academia and the industry. She has taught finance at both the graduate and undergraduate levels at several Chicago universities, including Northern Illinois University. Her multifaceted industry experience includes corporate development, operational finance, market research, and commodities trading research.

Dalla quarta di copertina

Implement next-generation techniques-before disaster strikes--and improve operation risk management
 
"The recent global economic crisis has brought home the need for realistic operational risk management as an important element of an organization's survival strategy in turbulent times. In Risk Management in Finance Dr. Tarantino and his coauthors provide an operational risk framework for the twenty-first-century organization by culling the state-of-the-arts knowledge on next-generation techniques in financial risk management to forestall major risk management failures. This book represents a landmark contribution in attempting to create a corporate world that is able to cope with major crisis. The book should be on the must read list for all those interested in reforming corporate governance."
--Dr. Anwar Shah, Lead Economist and Program Leader, Governance, World Bank Institute
 
"As operational risk management advances, interest in process-centered risk management has grown. This timely book presents a valuable overview of leading-edge theory and practice."
--Simon Wills, Executive Director, Operational Riskdata eXchange Association (ORX), the world's largest banking association for sharing operational loss data
 
"The right book at the right time. Operational risk management in the financial sector is sorely needed. This book provides information on state-of-the-art techniques to help firms reduce their operational risk exposure. This is a must-read for practitioners, risk managers, and senior executives."
--Sharath Sury, founder of the Sury Center for Risk Management, University of California, Santa Cruz; Dean's Executive Professor of Finance at Santa Clara University; CEO, S4 Capital, a multibillion-dollar family office investment supervisor

Dal risvolto di copertina interno

The global financial crisis that began in 2007 begs the question: with all the progress in risk management, why were the world's leading financial service firms, their regulators, their auditors, and their rating agencies so wrong in their assessment of the inherent risks in the subprime mortgage market? These internationally recognized organizations caved in to clearly flawed conventional wisdom and accepted quantitative and qualitative models. Lured by the promise of lucrative returns, they followed their peers right off the cliff. Those who survived the crisis mitigated risk by embracing safer, more innovative risk management methods.

Providing a general overview and introduction to such proven quality-control methods as Six Sigma and Total Quality Management (TQM), which are just now finding their way into the financial sector, Risk Management in Finance: Six Sigma and Other Next-Generation Techniques provides the tools to help you sidestep financial disaster.

Focusing on the corporate management of internal processes generally classified as operational risk, Risk Management in Finance provides an examination of control tools and new techniques that are commonly used in other industries but are growing increasingly popular in the financial sector.

Here, you'll discover:

• Statistical process monitoring tools, such as Cusum charts and exponentially weighted moving averages
• New approaches to data management, predictive analytics, Bayesian process controls, and automated remediation controls
• Examples and case studies of implementations of quality financial initiatives from various industries, including Pulte Mortgage, Global Commodities, European Investment Bank, and Ameriprise Financial
• Real-world examples of Six Sigma in financial services

In today's volatile financial environment, only the leaders and innovators can survive. Increase your ability to successfully balance financial risk and reward opportunities with the groundbreaking approaches found in Risk Management in Finance.

Dettagli dell'edizione

• Editore: John Wiley & Sons Inc
• Data di pubblicazione: 2009
• Lingua: Inglese
• ISBN 10: 0470413468
• ISBN 13: 9780470413463
• Rilegatura: Copertina rigida
• Numero edizione: 1
• Numero di pagine: 327
• Contatto del produttore: non disponibile
• Persona responsabile: Buchpark GmbH; gpsr@buchpark.de; ; Krügerweg 1; Trebbin; Brandenburg; 14959; Germania