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Dr Gareth Peters to lead team of international researchers studying Operational Risk models in partnership with ORX Banking Association

9 December 2014

Dr Gareth Peters has been awarded a research grant from ORX Association, the world's leading banking association for Operational Risk data, to lead a team of researchers including Drs Tomaso Aste, Ariane Chapelle, Pavel Shevchenko and Simon Fung. The research will be developed jointly with a banking steering group comprised of members from ORX (Luke Carrivick), Credit Agricole, Morgan Stanley, RBI, Santander and State Street.

This project will provide unprecedented access to data on Operational Risk losses for thorough analysis of important statistical features of Operational Risk with the aim to provide more informed modelling under Basel III banking regulation.