Added by Martin Davies on December 29, 2012 at 3:30am — No Comments
If you're reading this today, the world did not come to an abrupt end on December 21, 2012.
There were no fiery asteroids falling from the sky, no volcanoes erupting in Hong Kong, no tsunamis swallowing New York City or massive earthquakes violently forcing the continents back into a Pangean supercontinent..
For all those who can read Dutch and are interested in technical analysis, we offer this trading update prepared by LOEF Technische…Continue
Added by GlobalRiskCommunity on December 21, 2012 at 9:30am — No Comments
Really good paper on procyclicality and the problems with Basel III countercycle buffers
Perhaps one of the biggest issues facing banks with Basel III is how to address Procyclicality, especially if the bank is not running an Advanced IRB credit risk framework. Actually, just obtaining information about the different accepted…Continue
Added by Martin Davies on December 20, 2012 at 11:31am — No Comments
I just read an article in a newsletter published by the Macquarie University natural hazard research group, Risk Frontiers, discussing the case of the six Italian scientists and a government official who were found guilty of manslaughter for "failing to adequately communicate the level of risk" regarding an earthquake swarm. Their conclusion - "A need for separation…Continue
Added by Bryan Whitefield on December 20, 2012 at 7:32am — No Comments
1.Define a single risk appetite taxonomy across the organizations, such that
everyone understands and reports risks in a common language. This
would help in board level comparative analyses across products,
processes, business lines and other organizational elements.
2. Break down organizational silos to create an integrated risk appetite
information repository. This would aid in the sharing of information
across the organization, increasing…Continue
Added by Claudius Todor on December 14, 2012 at 12:37am — No Comments
Through file transfer on email. These files are in ASCII. They are used by WordPad.
They are registred as private, public or hybrid (with pictures).
Through visualization one may see parts of data.
Data comes in, volume, variety and velocity.
My workshops may introduce you in Storing and Querying Big Data in Hadoop Distributed File Systems.
Added by Claudius Todor on December 14, 2012 at 12:35am — No Comments
Use of subconscious mind and how to use dreams for being astray with overwhelming data.
Using night for insight.
Easy data insight at www.beyond.com/todorc
My ateliers (workshops) are about the application of probabilitiy theory in brand new calculation re-education.
Also, improving measures of dimension from quality time and cost, to other dimensions.
These workshops concentrate on a calculator reintroduced as a…Continue
Added by Claudius Todor on December 14, 2012 at 12:27am — No Comments
When all is said and done, regulatory requirements comes down to data management. Legislation like Sarbanes-Oxley and Dodd-Frank have ushered in the necessity of adopting a data governance program to align information accountabilities amongst stakeholders, and to foster intelligent collaboration between the business and technology.
“Data governance is a set of processes that ensures that important data assets are formally managed throughout the…Continue
Added by Mack Frankfurter on December 10, 2012 at 5:04pm — No Comments
You want a risk management program that conforms to a particular STANDARD. Standards usually present highly organized risk management systems. But that is not what is needed for many of the threats that our firms face. What We really need is a risk management program that fits our threats.
Added by Riskviews on December 6, 2012 at 8:44pm — No Comments
By Tom Riesack and Ute Herzog
In the ‘new normal’ of highly regulated financial markets, corporate treasurers are feeling the reverberations in their daily activities. Corporates are using swaps to hedge their commercial risks, stemming from currency, interest and commodity price exposure. To mitigate such risks treasurers have a whole arsenal of instruments ready to deploy such as swaps, forwards and options as well as individually structured products.
Added by Tom Riesack on December 4, 2012 at 7:00am — No Comments
See this article on my blog. Includes an opinion about the number of risks faced by a typical enterprise. A list of 115 possible risks is also referenced in the blog posting.
Salt Marsh Solutions, Inc.
Added by Tom on December 3, 2012 at 12:00am — No Comments