Risk Dashboard

Open Source Risk Modeling Manifesto

Open Source Risk Modeling Manifesto

Open Source Risk Modeling Manifesto This post is a summary of a presentation given at the 2014 Autumn TopQuants Meeting, aka, the “Open Source Risk Modeling Manifesto”. The dismal state of quantitative risk modeling The current framework of internal risk modeling at financial institutions has had a fatal triple stroke. We saw in quick sequence: market risk, operational risk, and credit risk measurement failures, covering practically all business models.