Open Source Risk Models

Open Source Risk Models

Open Source Risk Models:

Open Risk supports the use of open source and non-proprietary frameworks, standards and languages for the development of risk modelling tools and solutions. There is already a fantastic set of building blocks available for supporting an open source risk modelling universe, including but not limited to:

  • The Python language, tools and libraries
  • The C++ language and Libraries
  • R, the statistics (and more) modelling language and libraries

Open Risk promotes, in particular, the use of Python, a modern, free, powerful and widely available computing platform for the prototyping, documenting and validating of risk analytics relevant for risk management. One of the many benefits of adopting Python is that it can easily integrate already available specialized libraries such as those provided by R or C++.

Our long-term objective is to build a high quality, open source risk management base (models & documentation, annotated datasets) that will be widely available.

Current Projects

Anybody interested in the development of open source risk management tools is welcome to join our discord server where we coordinate our activities

We are operating a Github repository for the collaborative development of open source risk management tools

Logo of openriskpy

The Open Source Components come together at the OpenCPM Platform a groundbreaking effort to produce a modern and powerful open source credit portfolio management solution. Please join us in this exciting journey!