Operational Risk (OR) results from endogenous and exogenous risk factors, as diverse and complex to assess as human resources and technology, which may not be properly measured using traditional quantitative approaches. Engineering has faced the same challenges when designing practical solutions...

The purpose of this article is the presentation of a novel and unconventional algorithm for bankruptcy risk management in banking technologies catered towards lending to legal entities (enterprises and companies). The challenges of assessing risk in this area primarily relate to the reduction of...