Consumer outcomes should not be dictated by operational issues with model portfolios on platforms, such as disjointed and manual processes, according to Julie Best, qualitative researcher at ...

Continuing my series of articles on operational risk in different financial industries, this month I would like to discuss the operational risk profile and outlook at broker-dealers. This sector is ...

Airline also announces plans to close two bases in Cardiff and Doncaster, putting jobs at risk Flybe has cancelled dozens of flights, blaming “operational issues” including a shortage of pilots, as it ...

There was more than an hour of disruption for rail travellers in Birmingham after lines were blocked due to a reported operational issue. Sign up for the top news stories every day to keep you ...

The move by operator West Midlands Metro followed morning of reduced services for travellers who reported being requested to get off part way through their trip between Wolverhampton and Birmingham on ...

First it said it was bad weather so the rules exempted it, then that it was an operational issue I booked a Tui river cruise package in Switzerland with flights provided by British Airways. On the day ...

In this paper we study copula-based models for aggregation of operational risk capital across business lines in a bank. A commonly used method of summation of the value-at-risk (VaR) measures, which ...