Category Archives: Operational Risk

Professor Ingo Walter’s Research on Investment Management Technology is Highlighted

The following is an excerpt from The Wall Street Journal:  Systems prohibit timely launches of new investment products and hinder firms from keeping pace with regulatory demands and innovation SimCorp, a leading provider of investment management solutions and services for … Continue reading

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Ingo Walter and SimCorp Strategy Lab Release Study: “Legacy Systems: The inconvenient truth and the cost of doing nothing”

The following is a Financial Post news release from September 12, 2013: One Quarter of Global Investment Management Firms Rely on Outdated Technology: Firms and Investor Returns at Risk SimCorp StrategyLab, a private research institution sponsored by SimCorp, today released a … Continue reading

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Prof. Richard Sylla Quoted in the WSJ on NASDAQ’s Trading Glitch

NYU Stern Professor Richard Sylla was quoted in a recent WSJ Article on Nasdaq’s Trading Glitch: “Market Size + Complex Systems = More Glitches” The root cause of Thursday’s Nasdaq Stock Market trading halt can be traced to a single word: complexity. … Continue reading

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Corporate Governance: Investors Gain the Ear of the Listening Banks

The following is an op-ed by Roy Smith, published in Financial News on 6/3/13: The decisive victory that allows Jamie Dimon to continue in his dual roles as chairman and chief executive of JP Morgan Chase raised once again the … Continue reading

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Prof. Mike Pinedo Named Changjiang Scholar

Mike Pinedo, Julius Schlesinger Professor of Operations Management and Chair of the Department of Information, Operations and Management Sciences department was named a Changjiang scholar by the China Ministry of Education, an appointment which is considered highly prestigious by the Chinese government. … Continue reading

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Operational Due Diligence in Hedge Funds: A Source of Alpha?

Professor of Finance Stephen Brown discusses the importance of due diligence to mitigate operational risk in hedge funds. He concludes that operational due diligence is a source of alpha, and his research determines that “operational risk is more predictive of … Continue reading

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Operations in Financial Services–An Overview

Professor Michael Pinedo Over the past two decades, research in service operations has gained a significant amount of attention. Special issues of Production and Operations Management have focused on services in general (Apte et al. 2008), and various researchers have … Continue reading

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Don’t Gamble Your Company’s Reputation on Data Governance

Professors Vasant Dhar and Arun Sundararajan comment on the increasing challenge of data governance. Over the last two decades, the primary contribution of information technologies in firms has been about efficiency and enablement: to improve processes, make people more productive, … Continue reading

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Recording of the Webinar “Operational Risk: How to Obtain Tangible Benefits from the Measurement Framework” Available

Professor Michael Pinedo and Professor Marcelo Cruz discuss developing an operational risk framework with a very strategic focus similar to those of market and credit risks. During the webinar, they stress estimating a capital number to make regulators happy is … Continue reading

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Webinar: “Operational Risk: How to Take Tangible Benefits From the Measurement Framework”

Professor Michael Pinedo and Professor Marcelo Cruz will talk about advanced  measurement techniques that the firms can use to integrate their operational risk frameworks more into the day-to-day of the businesses and also to operate closer to how  market and … Continue reading

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