Fighting Covid-19 in countries and operational risk in banks: similarities in risk management processes
Journal of Operational Risk
; 16(4):65-71, 2021.
Article
in English
| Web of Science | ID: covidwho-1705198
ABSTRACT
Banks have been building, refining and applying operational risk management (including considerations for, but so far not focusing on, pandemics) for more than 20 years. Countries have been dealing with the Covid-19 pandemic for more than a year at the time of writing. Both approaches have a lot of similarities. These encompass the full risk management process from risk strategy and data collection to modeling and decision-making. Both disciplines could learn from each other to overcome obstacles in effectively mitigating major risks, among them future pandemics.
Full text:
Available
Collection:
Databases of international organizations
Database:
Web of Science
Type of study:
Prognostic study
Language:
English
Journal:
Journal of Operational Risk
Year:
2021
Document Type:
Article
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