data

Today, I did some task for a project to quantify operational risks.

Actually, operational risk quantification is in developement, and many financial companies are trying to make their original method for that.

As you can imagine, the quantification is not popular in Japan, and it is in progress in many Japanese companies.

There are many barrier for that, but most typical one is that there are no standard, and the distribution of the operational risk's loss depends on each company's character.

I tried to evaluate some losses in our company which we already gathered, and made a distribution, but it was quite difficult to find a distribution which exactly fit our distribution.

I have to spend more and more time to make up it, but it seems to be so difficult, of course, this is because I'm trying to do this.