Toward a Prime Metric: Operational Risk Measurement and Activity-Based Costing

Operational Risk, The Risk Management Association, pages 34-40.

8 Pages Posted: 4 Feb 2021

Date Written: November 1, 2004

Abstract

In their quest to assign capital appropriately, banks need the ability to compare two products in a way that objectively ascertains which is operationally riskier and by how much. Perceptions of changes in these risks can be used to predict future risk. Enter the prime metric to save the day...(if only it were that easy).

Keywords: Risk, Operational Risk Measurement, Activity-Based Coasting

JEL Classification: G32

Suggested Citation

Mainelli, Michael, Toward a Prime Metric: Operational Risk Measurement and Activity-Based Costing (November 1, 2004). Operational Risk, The Risk Management Association, pages 34-40., Available at SSRN: https://ssrn.com/abstract=3717741

Michael Mainelli (Contact Author)

Z/Yen Group ( email )

41 Lothbury
London
United Kingdom

Gresham College ( email )

Barnard's Inn Hall
Holborn
London, EC1N 2HH
United Kingdom

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