scholarly journals Good practice guide to setting inputs for operational risk models by the operational risk working party ‐ Abstract of the London Discussion

2016 ◽  
Vol 22 (1) ◽  
pp. 109-126
Keyword(s):  
Good Practice ◽  
Working Party ◽  
Operational Risk ◽  
Publication Type ◽  
Risk Models ◽  
Practice Guide

This abstract relates to the following paper: KelliherP. O. J, AcharyyaM., CouperA., GrantK., MaguireE., NicholasP., SmeraldC., StevensonD., ThirlwellJ. & CantleN.British Actuarial Journal. doi: 10.1017/S1357321716000210

scholarly journals Good practice guide to setting inputs for operational risk models ‐ Abstract of the Edinburgh Discussion

2018 ◽  
Vol 23 ◽  
Keyword(s):  
Good Practice ◽  
Operational Risk ◽  
Publication Type ◽  
Risk Models ◽  
Practice Guide

This abstract relates to the following paper: KelliherP.O.J., AcharyyaM., CouperA., GrantK., MaguireE., NicholasP., SmeraldC., StevensonD., ThirlwellJ. and CantleN.J.Good practice guide to setting inputs for operational risk models. British Actuarial Journal. doi: https://doi.org/10.1017/S1357321716000179

scholarly journals Good practice guide to setting inputs for operational risk models

2016 ◽  
Vol 22 (1) ◽  
pp. 68-108 ◽  
Author(s):  
P. O. J. Kelliher ◽  
M. Acharyya ◽  
A. Couper ◽  
K. Grant ◽  
E. Maguire ◽  
...  
Keyword(s):  
Scenario Analysis ◽  
Risk Mitigation ◽  
Good Practice ◽  
Operational Risk ◽  
Capital Allocation ◽  
Solvency Ii ◽  
Service Firms ◽  
Risk Models ◽  
Operational Risks ◽  
Loss Data

AbstractThis paper seeks to establish good practice in setting inputs for operational risk models for banks, insurers and other financial service firms. It reviews Basel, Solvency II and other regulatory requirements as well as publicly available literature on operational risk modelling. It recommends a combination of historic loss data and scenario analysis for modelling of individual risks, setting out issues with these data, and outlining good practice for loss data collection and scenario analysis. It recommends the use of expert judgement for setting correlations, and addresses information requirements for risk mitigation allowances and capital allocation, before briefly covering Bayesian network methods for modelling operational risks.

Report of the Investment Products for Retirement Savings Working Party: “Is there a place in the UK Defined Contribution pensions market for a guaranteed savings product?” ‐ Abstract of the London discussion

2013 ◽  
Vol 18 (3) ◽  
pp. 657-675
Author(s):  
Scott Eason
Keyword(s):  
Working Party ◽  
Retirement Savings ◽  
Defined Contribution ◽  
Publication Type ◽  
The Uk

This abstract relates to the following paper:EasonS., BarkerP., ForoughiG., HarsantJ., HunterD., JarvisS., JonesG., KnavaV., MurphyP., MurrayK., MuthulingamJ., OdoziN., PageT., WashomaK. & WebbA.Is there a place in the UK Defined Contribution pensions market for a guaranteed savings product?British Actuarial Journal, doi:10.1017/S135732171300024X

Good practice guide for data visualization in the area of descriptive statistics

2021 ◽  
Author(s):  
Brenda Barrios Becerra ◽  
Sodel Vazquez Reyes ◽  
Alejandra Garcia Hernandez ◽  
Perla Velasco Elizondo ◽  
Alejandro Mauricio Gonzalez
Keyword(s):  
Data Visualization ◽  
Good Practice ◽  
Descriptive Statistics ◽  
Practice Guide

scholarly journals Effect of a Misidentified Centre of a Type ASG Material Measure on the Determined Topographic Spatial Resolution of an Optical Point Sensor

Metrology ◽  
2022 ◽  
Vol 2 (1) ◽  
pp. 19-32
Author(s):  
Janik Schaude ◽  
Andreas Christian Gröschl ◽  
Tino Hausotte
Keyword(s):  
Spatial Resolution ◽  
Good Practice ◽  
Practice Guide ◽  
Measurement And Evaluation ◽  
Period Limit ◽  
Material Measure ◽  
Iso 25178

The article presents the determination of the topographic spatial resolution of an optical point sensor. It is quantified by the lateral period limit DLIM measured on a type ASG material measure, also called (topographic) Siemens star, with a confocal sensor following both a radial measurement and evaluation, as proposed by ISO 25178-70, and the measurement and subsequent evaluation of two line scans, proposed by the NPL Good Practice Guide. As will be shown, for the latter, an only slightly misidentified target centre of the Siemens star leads to quite significant errors of the determined DLIM. Remarkably, a misidentified target centre does not necessarily result in an overestimation of DLIM, but lower values might also be obtained. Therefore, a modified Good Practice Guide is proposed to determine DLIM more accurately, as it includes a thorough determination of the centre of the Siemens star as well. While the measurement and evaluation effort is increased slightly compared to the NPL Good Practice Guide, it is still much faster than a complete radial measurement and evaluation.

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