Measuring and Managing Operational Risk

An Integrated Approach

  • Paola Leone
  • Pasqualina Porretta
  • Mario Vellella

Table of contents

  1. Front Matter
    Pages i-xx
  2. Paola Leone, Pasqualina Porretta
    Pages 1-23
  3. Francesco Giannone
    Pages 95-143
  4. Vitantonio Matarazzo, Mario Vellella
    Pages 145-181
  5. Paola Leone, Vitantonio Matarazzo, Pasqualina Porretta, Mario Vellella
    Pages 183-205
  6. Paola Leone, Pasqualina Porretta, Mario Vellella
    Pages E1-E1
  7. Back Matter
    Pages 207-211

About this book


This book covers Operational Risk Management (ORM), in the current context, and its new role in the risk management field. The concept of operational risk is subject to a wide discussion also in the field of ORM’s literature, which has increased throughout the years. By analyzing different methodologies that try to integrate qualitative and quantitative data or different measurement approaches, the authors explore the methodological framework, the assumptions, statistical tool, and the main results of an operational risk model projected by intermediaries.  A guide for academics and students, the book also discusses the avenue of mitigation acts, suggested by the main results of the methodologies applied. The book will appeal to students, academics, and financial supervisory and regulatory authorities. 


operational risk management Basel committee operational risk model ORM risk management risk factor integrated risk measurement

Editors and affiliations

  • Paola Leone
    • 1
  • Pasqualina Porretta
    • 2
  • Mario Vellella
    • 3
  1. 1.Sapienza University of RomeRomeItaly
  2. 2.Sapienza University of RomeRomeItaly
  3. 3.Poste Italiane, BancoPostaRomeItaly

Bibliographic information