Method and apparatus for operational risk assessment and...

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Operations research or analysis

Reexamination Certificate

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Reexamination Certificate

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07979298

ABSTRACT:
Risk in business management is analyzed based on a probabilistic network approach which quantifies the impact of operational risk on financial metrics such as Value-at-Risk (VAR) and/or Potential Losses (PL). This approach provides further capability to determine the optimal placement of one or more countermeasures within a system to minimize the impact of operational risks.

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SAS International, SAS OpRisk Managment, A Methodology and Architecture for Identifying, Measuring, Monitoring, Controlling and Reporting Operational Risks Throughout Your Organization, www.sas.com.

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