Open Risk Manual

Transparency, collaboration key to regaining trust in financial services

In banking, confidence is the first order of business

Maintaining the confidence of market participants, clients, shareholders, regulators and governments is uniquely important for the financial sector. Trust is, quite literally, the real currency. Yet it is a truism that confidence is hard to build up and rather easy to destroy. Why is this so?

Top 10 Risk Manual Articles

The current list of Top 10 Risk Manual Articles, sorted by reader popularity covers a range of topics in risk management.

Google Summer of Code Ideas List Page

Over the course of the years we have seen many an open source project that we love and use daily participate as mentoring organizations in Google’s great communal activity. This year Open Risk applied to join the effort to promote open source, in particular as it applies in the less visited area of financial risk management.

Business Model Risk - The Forgotten Risk Type

Sustainable business models that demonstrate adequate profitability over long horizons are key to a healthy market economy. This applies to firms and organizations of any size and in any sector. But how do we determine what is sustainable and how can we tell a risky business structure from a stable one?

Open Risk developed an online accessible version of the AQR manual that offers additional means to access and browse the Phase 2 ECB AQR Manual. The asset quality review (AQR) was one of the components of the comprehensive assessment performed by the ECB prior to assuming full responsibility for supervision under the single supervisory mechanism in November 2014

The Risk Manual is one of the core tools of the Open Risk Commons.2

We have released a first set of article entries covering a broad area of risk management topics.