Book description
Implement next-generation techniques-before disaster strikes-and
improve operation risk management
"The recent global economic crisis has brought home the need for
realistic operational risk management as an important element of an
organization's survival strategy in turbulent times. In Risk
Management in Finance Dr. Tarantino and his coauthors provide an
operational risk framework for the twenty-first-century organization
by culling the state-of-the-arts knowledge on next-generation
techniques in financial risk management to forestall major risk
management failures. This book represents a landmark contribution in
attempting to create a corporate world that is able to cope with major
crisis. The book should be on the must read list for all those
interested in reforming corporate governance."
-Dr. Anwar
Shah, Lead Economist and Program Leader, Governance, World Bank Institute
"As operational risk management advances, interest in
process-centered risk management has grown. This timely book presents
a valuable overview of leading-edge theory and
practice."
-Simon Wills, Executive Director,
Operational Riskdata eXchange Association (ORX), the world's largest
banking association for sharing operational loss data
Dr. Anthony Tarantino is an adjunct professor,
Leavey School of Business, Santa Clara University; Board Director for
the Center for Business Innovation in Finance and Investment, Santa
Clara University; and former senior adviser to IBM's Governance, Risk,
and Compliance Center of Excellence. Dr. Tarantino has nearly thirty
years of experience in risk management, regulatory compliance, and
business transformation on both the consulting and business side. He
became a Six Sigma Black Belt in 2006 and a Certified SOX Pro in 2008.
He has written articles for Journal of Operational Risk, the
Institute of Industrial Engineers, Accounting Today, the
Cutter IT Journal, and the Institute of Supply Management
(ISM), and is a frequent keynote speaker and workshop leader for U. S.
and international conferences.
Dr. Deborah Cernauskas is Senior Adviser to the Center for
Business Innovation in Finance and Investment, Santa Clara University;
and Senior Adviser to IBM's Governance, Risk, and Compliance Center of
Excellence. Her career includes time spent in both academia and the
industry. She has taught finance at both the graduate and
undergraduate levels at several Chicago universities, including
Northern Illinois University. Her multifaceted industry experience
includes corporate development, operational finance, market research,
and commodities trading research.