05753nam 2200673 a 450 991045751000332120200520144314.01-283-37483-897866133748371-118-07826-8(CKB)2550000000065496(EBL)699484(OCoLC)769101952(SSID)ssj0000566771(PQKBManifestationID)12201602(PQKBTitleCode)TC0000566771(PQKBWorkID)10562202(PQKB)10316950(MiAaPQ)EBC699484(Au-PeEL)EBL699484(CaPaEBR)ebr10513804(CaONFJC)MIL337483(EXLCZ)99255000000006549620110114d2011 uy 0engurcn|||||||||txtccrWinning at risk[electronic resource] strategies to go beyond Basel /Annetta CortezHoboken, N.J. Wiley20111 online resource (274 p.)Wiley finance seriesIncludes index.0-470-92466-7 Winning at Risk: Strategies to Go Beyond Basel; Contents; Foreword; Preface; Acknowledgments; Introduction; SEARCHING FOR A SOLUTION; WHY MANAGE RISK?; WHY IS RISK MANAGEMENT DIFFICULT TO IMPLEMENT?; 1 What is Risk?; THE BUSINESS OF RISK; DEFINING RISK: LOSS, UNCERTAINTY, AND HORIZON; MORE WAYS TO THINK ABOUT RISK; TAXONOMY OF RISKS; RISK AND REWARD: MODERN PORTFOLIO THEORY; 2 Risk Management Principles; WORDS TO LIVE BY; KNOW YOUR RISKS; ARTICULATE YOUR RISK APPETITE; DEVELOP A WELL-DEFINED RISK CULTURE; USE A COMMON LANGUAGEDEVELOP CAPABILITIES AND APPROACHES IN LINE WITH THE SIZE, COMPLEXITY, AND CULTURE OF YOUR ORGANIZATION MAKE IT TRANSPARENT AND COMPREHENSIVE; CONSTRUCT CLEAR LIMITS AND CONTROLS; ALIGN PERFORMANCE AND INCENTIVES TO RISK AND REWARD; DEVELOP COMPREHENSIVE FORECASTING, STRESS TESTING, AND CHALLENGE PROCESSES; PROVIDE ACTIVE LEADERSHIP AND DIRECTION; CONSTRUCT STRONG GOVERNANCE AND OVERSIGHT; MAKE CONTINUOUS IMPROVEMENTS; 3 Building the Risk-Management Framework; ALL THE RIGHT ELEMENTS; YOUR RISK MANAGEMENT ORGANIZATION; YOUR RISK CULTURE; YOUR GOVERNANCE MODEL; YOUR POLICIES AND PROCESSESYOUR DATA AND SYSTEMS 4 Measuring Risk and Capital; WHY MEASURE RISK?; LAYING OUT THE FUNDAMENTALS, FROM THE TOP DOWN; PROBABILITY, EXPOSURE, AND SEVERITY; PROBABILITY DISTRIBUTIONS; EXPECTED LOSS; UNEXPECTED LOSS AND VALUE AT RISK; ECONOMIC CAPITAL; THE ROLE OF DATA AND ASSUMPTIONS; MANAGING ACROSS THE ECONOMIC CYCLE; STRESS TESTING; VALIDATION OF MODELS; MODELING CREDIT RISK; MODELING MARKET RISK; MODELING OPERATIONAL RISK; JUMP DIFFUSION AND EXTREME VALUE THEORY; 5 Managing Trade-Offs Between Risk and Reward; THE CEO CHALLENGE; PERFORMANCE MEASURES-THE BASICSPERFORMANCE MEASURES-MULTI-PERIOD CALCULATIONS CAPITAL ATTRIBUTION AND ALLOCATION; APPLYING PERFORMANCE MEASURES; TOP-DOWN VERSUS BOTTOM-UP; 6 Understanding Your Appetite for Risk; IDENTIFYING THE RISK APPETITE; RISK APPETITE AND ICAAP; BUILDING THE RISK APPETITE STATEMENT; MANAGING THE RISK APPETITE (PROCESS); GOVERNANCE AND RISK APPETITE; THE LIVING WILL; 7 Integrating Risk Management into Your Organization; EMBEDDING RISK MANAGEMENT; WHAT IS ENTERPRISE RISK MANAGEMENT?; CULTURE; INCENTIVES AND COMPENSATION; YOUR ORGANIZATION; LINES OF DEFENSE; REPORTING, MONITORING, AND DECISION-MAKINGLEVERAGING YOUR BUSINESS RHYTHM AND COSO; 8 Leveraging Risk for Business Excellence; MORE THAN COMPLIANCE; INTRODUCING THE CUSTOMER LIFE CYCLE; LEVERAGING THE UPSIDE; MANAGING THE DOWNSIDE; OPTIMIZATION; 9 Basel II and Beyond; BASEL II: WHAT'S IT ALL ABOUT?; THE REGULATOR VIEWPOINT; BASEL II BASICS; SPECIAL CHALLENGES AND REQUIREMENTS; IS IT WORTH IT?; KEY DIFFERENCES FROM ECONOMIC APPROACHES; BEYOND BASEL II: BASEL III AND REGULATORY REFORM; SOLVENCY II; IMPACTS ON FINANCIAL INSTITUTIONS AND FINANCIAL MARKETS; NON-BANK FINANCIAL INSTITUTIONS; TOO BIG TO FAIL; Afterword; About the AuthorIndex"Practical risk and capital management strategies for financial service executives and high level managers Risk and Capital Management is a primer for senior executives and directors struggling to interpret the growing demands and implications in this field. It includes valuable perspectives on how to address key issues that are pressing in the boardroom. It is the first book to lay out the basic frameworks of risk management, how to navigate new regulation, how to build a sound risk management capability, and how to translate that capability into strategic success. A must-have management aid and reference tool for the financial services professional Expert coverage of measuring risk, managing risk, integrating risk management into business, and leveraging business excellence through risk Written by a respected thought leader in risk management Providing CEOs and financial executives with the basic building blocks and concepts of risk management, this essential book simplifies risk management requirements for board and executive level professionals"--Provided by publisher.Wiley finance series.Risk managementPortfolio managementFinancial services industryElectronic books.Risk management.Portfolio management.Financial services industry.332.1068/1Cortez Annetta931111MiAaPQMiAaPQMiAaPQBOOK9910457510003321Winning at risk2094718UNINA05764nam 2200721Ia 450 991097041780332120251116140745.0978661019172797803091750360309175038978128019172512801917249780309589956030958995997805852734570585273456(CKB)110986584751920(OCoLC)45734031(CaPaEBR)ebrary10055036(SSID)ssj0000277057(PQKBManifestationID)12097989(PQKBTitleCode)TC0000277057(PQKBWorkID)10232856(PQKB)11743988(MiAaPQ)EBC3376043(Perlego)4734399(BIP)47548757(EXLCZ)9911098658475192019961216d1996 uy 0engurcn|||||||||txtrdacontentcrdamediacrrdacarrierAssessment of hydrologic and hydrometeorological operations and services toward a new National Weather Service /National Weather Service Modernization Committee, Commission on Engineering and Technical Systems, National Research Council1st ed.Washington, D.C. National Academy Press19961 online resource (62 pages)The compass seriesBibliographic Level Mode of Issuance: Monograph9780309056342 0309056349 Includes bibliographical references (p. 42).Toward a New National Weather Service -- Copyright -- Preface -- Contents -- Executive Summary -- PRECIPITATION PROCESSING SYSTEM -- PRECIPITATION FORECASTS -- FLASH FLOOD GUIDANCE -- WEATHER FORECAST OFFICE HYDROLOGIC FORECASTING SYSTEM -- DATA ARCHIVING, VERIFICATION, AND QUALITY ASSURANCE -- DATA SOURCE RELIABILITY -- PRODUCTS AND SERVICES -- PROGRAM RESPONSIBILITIES AND PERCEPTIONS -- AVAILABILITY OF ADVANCED WEATHER INTERACTIVE PROCESSING SYSTEM -- RESEARCH AND DEVELOPMENT -- ADVISORY GROUPS -- QUALIFICATIONS -- OUTLOOK -- 1 Introduction -- FLOODS: A SIGNIFICANT NATIONAL HAZARD -- MODERNIZATION OF THE NATIONAL WEATHER SERVICE -- SCOPE AND ORGANIZATION OF THE REPORT -- 2 Background -- HYDROLOGY AND METEOROLOGY PRIOR TO THE MODERNIZATION PROGRAM -- HYDROLOGY AND METEOROLOGY UNDER THE CURRENT MODERNIZATION PROGRAM -- Impact of New Technology -- Hydrometeorological Service Operations -- River Forecast Centers -- Weather Forecast Offices -- National Centers for Environmental Prediction -- Supporting Programs and Activities -- Environmental Monitoring -- Research and Development -- 3 Modernization of the National Weather Service Hydrologic Services: An Evaluation -- OBSERVATION INPUTS -- Precipitation Processing System -- Quantitative Precipitation Forecasts -- Snow -- Surface-Observing Networks -- TOOLS AND TECHNIQUES -- National Weather Service River Forecast System -- Flash Flood Guidance -- Weather Forecast Office Hydrologic Forecast System -- Advanced Weather Interactive Processing System -- Advanced Hydrologic Prediction System -- OPERATIONS -- Weather Forecast Office and River Forecast Center Interactions -- Data Archiving, Verification, and Quality Assurance -- Data Source Reliability -- PRODUCTS AND SERVICES -- 4 Management and Operational Support -- LEADERSHIP -- Program Responsibilities and Perceptions.Availability of Advanced Weather Interactive Processing System -- Responsiveness and Follow-Through Activities -- Funding -- RESEARCH, DEVELOPMENT, TESTING, AND EVALUATION -- Research and Development -- Operational Test and Evaluation -- ADVISORY GROUPS -- FIELD INITIATIVES -- INTERNATIONAL PROJECTS -- PERSONNEL -- Qualifications -- STAFFING -- TRAINING -- 5 Epilogue: An Overall Assessment -- References -- Acronyms -- Glossary -- Appendix -- Summary of Survey Responses from National Weather Service Employees with Hydrologic Responsibilities -- PERSONNEL AGES AND SERVICE RECORDS -- TRAINING AND BACKGROUND -- FAMILIARITY WITH MODERNIZATION -- OUTLOOK.Floods are by far the most devastating of all weather-related hazards in the United States. The National Weather Service (NWS) is charged by Congress to provide river and flood forecasts and warnings to the public to protect life and property and to promote the nation's economic and environmental well-being (such as through support for water resources management). As part of a modernization of its technologies and organizational structure, the NWS is undertaking a thorough updating of its hydrologic products and services and the activities that produce them. The National Weather Service Modernization Committee of the National Research Council undertook a comprehensive assessment of the NWS' plans and progress for the modernization of hydrologic and hydrometeorological operations and services. The committee's conclusions and recommendations and their related analysis and rationale are presented in this report.Compass series (Washington, D.C.)Toward a new National Weather ServiceHydrometeorological servicesUnited StatesHydrologyResearchUnited StatesFlood forecastingUnited StatesHydrometeorological servicesHydrologyResearchFlood forecasting551.57/0973United States.National Weather Service.MiAaPQMiAaPQMiAaPQBOOK9910970417803321Assessment of hydrologic and hydrometeorological operations and services4351419UNINA