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Method, System and Computer Program for Operational-Risk Modeling
Company: US Patent and Trademark Office
Company Url: Click here to open
Year Of Publication: 2008
Month Of Publication: October
Pages: 22
Download Count: 13
View Count: 1235
Comment Num: 0
Language: English
Source: patent
Who Can Read: Free
Date: 8-24-2013
Publisher: Administrator
Summary
The invention relates to a method for modelling the operational risk of an entity, the method comprising the steps of: Compiling a list With one or more failure events; Compiling a list With one or more causes of the failure events; Compiling a list With one or more impact types of the failure events; Evaluating interdependencies between the failure events, the causes of the failure events and the impact types of the failure events; Decomposing the interdependencies, thereby establishing one or more independent impact sub-models.
Author(s)
Supatgiat, Chonawee Sign in to follow this author
Kenyon, Chris Sign in to follow this author
Heusler, Lucas Sign in to follow this author
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