ARMS: An Advanced Operational Risk Management System for Commercial Banks

Author

Cao Hao

Author_Institution

Software Sch., Shanghai JiaoTong Univ., Shanghai, China

fYear

2013

fDate

16-18 Jan. 2013

Firstpage

386

Lastpage

389

Abstract

With the outbreak of economic crisis, the operational risk management processes and technology of the current domestic banking is becoming more and more important. We proposed ARMS: an advanced operational risk management system for commercial banks. The main research area of this system is adopting the advanced measurement approaches to effectively control and measure the operational risk regulated in Basel Capital Accord II, thus offering banks to managing operational risks better. Using the Eclipse framework, our system is intuitionistic and user friendly.

Keywords

bank data processing; data mining; economics; risk management; ARMS; Basel Capital Accord II; Eclipse framework; advanced measurement approach; advanced operational risk management system; commercial bank; data mining; domestic banking; economic crisis; operational risk management process; Data models; Estimation; Fitting; Loss measurement; Monitoring; Risk management; advanced measurement approach; data mining; new Basel Capital Accord; operational risk;

fLanguage

English

Publisher

ieee

Conference_Titel

Intelligent System Design and Engineering Applications (ISDEA), 2013 Third International Conference on

Conference_Location

Hong Kong

Print_ISBN

978-1-4673-4893-5

Type

conf

DOI

10.1109/ISDEA.2012.96

Filename

6456322