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. The following is a list of ideas for projects where students can participate (subject to us getting approved as mentoring organization!
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? On the small-scale end of the size spectrum we have the domain of startups and SME’s.
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 NB: The AQR manual is now being integrated into the Open Risk Manual.
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.