Search

Mastering Model Risk: Assessment, Regulation and Best Practices Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 Robust quantitative models have been an essential component of risk management and analysis for decades, but have dramatically increased …

Theory and Practice of Model Risk Management Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 Model risk is a topic of great, and growing, interest in the risk management arena. Financial institutions are obviously concerned about the possibility of …

How Model Risk devestated an organization Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 To have a successful ERM program, companies must use a primary ERM model that is practical, transparent, flexible and realistic. A primary ERM model lacking …

Model Risk Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 Models are widely used in the area of financial economics, e.g. for derivative pricing, and sometimes play an indispensable role. Unlike liquid markets which have 'price' to reflect the …

How Global Changes Can Effect the Business Environment Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 In this article, PricewaterhouseCoopers (PwC) has identified five megatrends that are changing the business environment. A megatrend is a change …

Value Killers in the Current Risk Environment Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 A recent study by Deloitte LLP examined root cause issues for companies experiencing significant one-month drops in stock valuations to see if they could …

Crowdsourcing, A Tool to Tackle Emerging Strategic Risks Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 A recent Harvard Business Review article focuses on the emerging concept of crowdsourcing and how it is being used as an innovation starter. …

Using Collaboration Risk Management to Recognize Emerging Risks Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 Many companies have established ERM programs that have been battle-tested. Recent major events have revealed contrasting examples where …

Emerging Risk Suvey Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 This survey attempts to track the thoughts of risk managers about emerging risks across time. It is the seventh survey of Emerging Risks conducted by the Joint Risk Management …

Swiss Re SONAR New emerging risk insights Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 Economic, technological, socio-political and environmental changes modify the risks we face. Even when the risks stay constant, changing norms and laws can …

CII Understanding Risk Culture in Insurance Submitted by TheSecretariat on Thu, 25/06/2015 - 21:22 This article summarises the preliminary findings of a major London School of Economics/University of Plymouth research project into risk culture. It aims to …

Risk Culture Not just a tick box exercise survey Submitted by TheSecretariat on Thu, 25/06/2015 - 21:22 Survey on Meaning and significance of enabling risk culture Extent of Board involvement "blur" of responsibilities across a number of risk-relevant …