Please use this identifier to cite or link to this item:
https://www.um.edu.mt/library/oar/handle/123456789/120906
Title: | The risk landscape in the digital transformation of finance and insurance |
Other Titles: | Digital transformation, strategic resilience, cyber security and risk management |
Authors: | Reepu, Technowize Taneja, Sanjay Grima, Simon |
Keywords: | Insurance -- Technological innovations Insurance -- Finance Finance -- Technological innovation Risk management Financial risk management |
Issue Date: | 2023 |
Publisher: | Emerald Publishing Limited |
Citation: | Reepu, T., Taneja, S., & Grima, S. (2023). The risk landscape in the digital transformation of finance and insurance. In K. Sood, B. Balusamy, S. Grima (Eds.), Digital transformation, strategic resilience, cyber security and risk management (pp. 163-175). United Kingdom: Emerald Publishing Limited. |
Abstract: | Based on the poll’s results, the financial services sector is now on the edge of a digital revolution. Financial institutions are undergoing a period of radical change due to technological advancements in the digital sphere. The widespread use of cutting-edge digital technologies in the real world has accelerated the shift from the conventional economy to the digital economy. Total operational risk as a percentage of total bank capital was 0.65%, which is below the minimum permitted figure. This metric allows for the diversification of company risks. This chapter proposes a novel, future-oriented strategy for studying financial crises, expanding the digital transformation research agenda across disciplines. Accordingly, the authors simulated the study object’s operational risk using an optimal approach to measurements (AMA) in accordance with Basel II (Santander Bank). The study’s findings enabled the authors to determine whether or not the value was necessary for Santander Bank to bear in the next years by calculating the overall value of operational risks and evaluating the indicator’s acceptability relative to the bank’s capital. |
URI: | https://www.um.edu.mt/library/oar/handle/123456789/120906 |
Appears in Collections: | Scholarly Works - FacEMAIns |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
The_Risk_Landscape_in_the_Digital_Transformation_of_Finance_and_Insurance_2023.pdf Restricted Access | 947.34 kB | Adobe PDF | View/Open Request a copy |
Items in OAR@UM are protected by copyright, with all rights reserved, unless otherwise indicated.