The list below provides links to the online documentation of our open source projects. The following projects are documented separately on the ReadTheDocs website:
tailRisk is a C++ library for the calculation of various tail risk measures. Tail Risk is a core concept in Quantitative Risk Management , relevant in particular in Market Risk and Credit Risk Management. Tail Risk is both an informal term denoting unusually occurring tail events and a more precise term denoting concrete classes of risk measures
Solstice is an economic network simulation framework. The primary outcomes are quantitative analyses of the behavior of economic systems under uncertainty. It can be used both as a production tool in a portfolio / risk management context or as a research tool. The objective is to provide a performant, easily usable, extensible simulation framework to support economic network analysis.
Introduction to the Equinox platform and Online User Manual
A warm welcome to the Equinox world! These pages serve as general User Documentation for Equinox. Technical documentation links are provided at the end of this page. If you are not familiar with the Equinox platform, a high level overview of its objectives and capabilities is available in the functionality overview.
FuriousBanker is an educational game series (in the serious game genre) developed by Open Risk to enable modern interactive eLearning for people working or studying to work in financial risk management. The game concepts and logic are directly derived from realistic situations and tools used in practice (but may have been simplified and/or dramatized).
Credit Portfolio Management (CPM) denotes a set of principles, tools, processes that underpin the management of Credit Portfolios (collections of credit assets). It is a domain and activity that forms one of the cornerstones of sound financial / economic systems.
The defining characteristic of Credit Portfolio Management activities is that Credit Risk is assessed and managed not on a standalone basis but in an aggregate, portfolio, setting.
Open Risk is supporting the development of semantic web technologies to support risk management efforts. This page organizes the currently developed and published tools.
In principle any semantic technology can be the starting point for risk management ontologies. Open Risk adopts the W3C’s Web Ontology Language (OWL). OWL is a Semantic Web language designed to represent rich and complex knowledge about things, groups of things, and relations between things. OWL is a computational logic-based language such that knowledge expressed in OWL can be exploited by computer programs, e.g., to verify the consistency of that knowledge or to make implicit knowledge explicit.