Riesgo operacional en los sistemas de pagos -Metodología VaR-

Ana Cecilia Rodríguez, Ana Karina Rodríguez and Verónica Liñares
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Ana Cecilia Rodríguez: Banco Hipotecario del Uruguay
Ana Karina Rodríguez: Banco Hipotecario del Uruguay
Verónica Liñares: Banco Central del Uruguay

No 2013004, Documentos de trabajo from Banco Central del Uruguay

Abstract: Operational risk of an entity is difficult to measure. If it is asociated to a payment system, even more. However, the estimation is useful as a support tool for decision making in the supervision of payment systems. In this article we develop a methodology for estimating operational risk in payment systems, identifying potential events and consequent costs. We analyze VaR concept, applying it in a simplified example about two uruguaian cases. As a result,various tools are proposed for overseers and regulators. This is relevant, as it addresses a topic of early development

Keywords: operational operational risk; payment systems; VaR; overseers; regulators; riesgo operacional; sistemas de pagos; VaR; vigilantes; reguladores (search for similar items in EconPapers)
JEL-codes: C16 G21 (search for similar items in EconPapers)
Pages: 62 pages
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:bku:doctra:2013004

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