Limit frameworks are fundamental tools for risk management A Limit Framework is a set of policies used by financial institutions (or other firms that actively assume quantifiable risks) to govern in a quantitative manner the maximum risk exposure permitted for an individual, trading desk, business line etc. Why do we […]
Open Risk Manual
10 posts
Python versus R Language: A side by side comparison for quantitative risk modeling
The ESMA Securitisation Templates are now fully documented at the Open Risk Manual. Users can browse, search and cross-reference with the rest of the knowledge base. Category Browsing The ESMA Templates Categories are part of both the Securitisation category and the Information Technology Category. Each one of the templates and […]
There is a legend that every time a data set is released into the open, somewhere dies a black swan The Promise of Open Risk Data Well, it is not a true legend. Legends take centuries of oral storytelling to form. In our frantic age, dominated by the daily news […]
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 […]
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 OpenRisk applied to join the effort to promote open source, in particular […]
Update Jun 2019: The Forum has been inactive for a long time and is now completely removed. Update Jan 2016: We have moved the risk forum to a new framework to improve the usability of the website. Please let us know of any issues. One of the many good suggestions […]
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 […]
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 Risk Manual is one of the core tools of the Open Risk Commons. We have released a first set of article entries covering a broad area of risk management topics.
