FuriousBanker(TM) helps you learn risk management concepts in a fun and engaging way. This educational game series for mobiles and tablets is developed by Open Risk to enable modern interactive elearning for people working (or aspiring to work) in financial risk management.
The first episode sees FuriousBanker facing The credit detox challenge:
Financial Risk Modelling has suffered enormous setbacks in recent years, with all major strands of modelling (market, credit, operational risk) proven to have debilitating limitations. It is impossible to imagine a modern financial system that does not make extensive use of risk quantification tools, yet rebuilding confidence that these tools are fit-for-purpose will require significant changes. These need to improve governance, transparency, quality standards and in some areas even the development of completely new strands of modelling.
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:
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.