IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Integrating Operational and Financial Risk Assessments

Listed author(s):
  • Silvia Figini

    (University of Pavia)

  • Ron Kenett

    (KPA Ltd.)


    (Department of Economics, Business and Statistics - Universiy of Milan)

This paper proposes a novel methodology for integrating nan- cial risk and operational risk. In order to demonstrate the approach, we use real data from a telecommunication company providing services to enterprises in di erent business lines and geographical locations. For each enterprise, we have collected information about operational and nancial performance. Our objective is to produce a coherent measure of risk, integrating operational losses from various types of equipment failures and nancial risks derived from balance sheet information. The approach demonstrated in this case study can be generalized to general service providers who need to account for both the quality of service and the nancial solvency of their customers. Adressing risks in both dimensions is critical to long term sustainability and business continuity.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Paper provided by Universitá degli Studi di Milano in its series UNIMI - Research Papers in Economics, Business, and Statistics with number unimi-1099.

in new window

Date of creation: 26 Jan 2010
Handle: RePEc:bep:unimip:unimi-1099
Note: oai:cdlib1:unimi-1099
Contact details of provider: Postal:
Via Conservatorio 7 - 20122 Milano

Phone: +39 02 503 16486
Fax: +39 02 503 16475
Web page:

More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:bep:unimip:unimi-1099. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christopher F. Baum)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.