Tuesday, 17 May 2011

Operational RIsk data - ORIC and the future

Spotted this ORIC slideshow from May's Solvency II presentation for the IRM. Not too much to glean from the light content other than the last slide, which gives a glimpse into the future of ORIC's work (develop consensus for industry use, improve data standards, develop best practices, increase usage levels).

All very noble aims, and can only aid the move towards stochastic modelling of Op Risk for the internal model users amongst us.

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