CFS Research Conference

Conference on OPERATIONAL RISK (Management and Measurement)




The objective of the conference is bringing together European researchers and practitioners on operational risk management and measurement to discuss current research on those topics and areas where practitioners see a need for additional research.


  • Topics of interest include, but are not limited to:
  • Linking OpRisk strategy with business strategy
  • Choosing the optimal governance structure (1st and 2nd line of defence)
  • Overcoming biases in scenario analysis for OpRisk
  • Assessing the quality of Key Risk Indicators (e. g. correlation with losses)
  • Creating incentives for comprehensive loss data collection
  • Using external loss data in the OpRisk model
  • Validating OpRisk models




Conference Organizers

Dr. Nataliya Horbenko, KPMG
Prof. Dr. Thomas Kaiser, Goethe University and KPMG
Prof. Dr. Mark Wahrenburg, Goethe University and CFS

Conference Submissions


The deadline for paper submissions has passed.


You are invited to register as a regular participant by 15 March 2013. Please note that the system will be automatically closed once the capacity is reached.


The organizers will award an outstanding research. The winner will be presented with a commemorative certificate and recognition at the conference.


Conference Costs

The conference fee is EUR 50 for academics and EUR 100 for practitioners. Presenters are exempt from the conference fee.

Conference registration and hotel reservations


Please note that attendance at the conference is only possible with registration through the CFS web site. The online registration system is opened.

Further information about accommodation will be sent to the registered participants.


All regular participants can pay the fee online by credit card or Pay Pal account (press the button at the end of this section). You can also pay by a direct bank transfer. 


Upon receipt of the registration fee, the Center for Financial Studies will confirm your registration. CFS will also send you an invoice. Attendance at the conference is only possible with a confirmation of your registration.

Conference fee

Conference Deadlines

Registration deadline: 15 March 2013.


Information on Conference Venue: Frankfurt

The conference will take place in House of Finance, Goethe University, Grüneburgplatz 1, D-60323 Frankfurt am Main.


If you have any administrative questions about the conference, please contact Daniela Dimitrova (dimitrova(at) Please direct other questions to the main conference organizer Prof. Dr. Thomas Kaiser (kaiser(at)