The purpose of our blog is to provide updates on important news and developments around Open Risk and a running commentary on external developments related to our mission.
You can view posted articles either from the front-page or by selecting the relevant post category or tag or tag from the right column. In our archive page blog entries are grouped chronologically.
With all the ongoing activity around financial regulation having a convenient aggregation point for the main news is an indispensable tool for financial risk managers. This prompted us to build and roll out the Regulatory News App (RegNews in short), which is now live and freely accessible here. The app is designed to be usable both on a desktop and mobile environment.
As part of the public beta testing programme, two new Open Risk Academy courses are accessible absolutely free (and with no strings attached :-).
The courses are introductions to measuring credit name or sector concentrations in credit portfolios. They cover the following topics:
The courses run from Oct 7th till Oct 13th. Read more about prerequisites for the courses here:
Overview of the motivation for initiating Open Risk and the solutions being delivered in the current phase.
Overview of the challenges and opportunities offered by internal capital models (economic capital models) in the post-crisis era. Conference Presentation given at:
Can’t turn around, we have come this far by faith…
Open Risk is now open for public beta testing.
We’ll keep the site in public beta stage for as long as needed to smooth out the rough edges.
We got the first “like” on social media, the lucky first liker earned a lifetime membership award. Now we have to think of something suitable for the second and third, as a winner takes all mentality is not in our world outlook.
A CrashCourse (short course) introducing the Open Risk Academy for first time users is now available here. Please try it out!
A Python module of analytic solutions suitable for testing credit portfolio models has been uploaded in the Open Risk github repository
Building out further the Open Risk Academy curriculum around Credit Risk Concentration management, we just added a course on sector concentration.
Alpha testing did not reveal any fatal problems with the website or the Open Risk Academy website. Many thanks to Odysseus for painstakingly testing everything!
As of this weekend login details were sent to select volunteers with a mission to further test drive Open Risk. This limited beta testing will be ongoing for the duration of May.
Direct feedback of your experience with the website is much appreciated, but we thought also of simplifying and streamlining the process based on an online survey. It is (Was) available here (Now Closed) and it will be open in this form until the end of beta testing.
Thanks for participating!
As of April 8 (late at night 🙂) the Open Risk website (this website!) is uploaded and ready for alpha testing!
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
We just added a new course at the Open Risk Academy!
The course covers name concentration risk measurement, chiefly the construction of suitable metrics based on portfolio data (Free registration is required for this course)
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.
The first batch of open source tools focusing on Credit Portfolio calculations is now available here.
The functionality aims to standardize Name Concentration Measurement (concentrationMetrics)
Hello World!
This is our first Open Risk post! Godspeed.