I am looking for information on components of Total Cost of Risk and methodology for calculating it.
Is there a preferred model/methodology for power generation companies?
Any research papers available?
Read more…Any interesting article that focusses on the mental aspects of decision making and risk taking, in an entrepenerial / business environment.
It leads to the obvious question of whether or not the risk profession has a bias towards measurement, quanit
Read more…The fog business can be the same as the fog of war: assumptions. Fatal assumptions, those we hold as truisms, coupled to strategic culture results in less than a clear-eyed net assessment for your investors or your organization. There is more to this
Read more…Make a comment in the section below by providing your best one liner. Let's get as many as we can. Be creative. I'll start it.
1) Answering questions at a cocktail party about what you do, you get blank stares and people move quietly away.
If there are any consultants with experience in Access Control that would be interested in doing a joint webinar with SAP in the fall please let me know. I'm happy to answer questions here or privately.
More details:
- this is part of a program I run f
Read more…For anyone who has followed the recent economic developments closely enough and has at least some theoretical background in finance, the huge debt hole of the so-called advanced economies hardly comes as a surprise. Right now, the “debt bomb” has the
Read more…Was just wondering how the rest of us here got to work in the Risk Management area.
Read more…A special request from a member:
We're a fairly small company and looking for a solution that would be functional across different departments (finance, operations, etc), incorporating capital budgeting, project planning/management, and decision mode
Read more…Hi, Any one there could discuss Indian Rupee vs. U.S.Dollar currency pair movement pattern. Be it technical chart pattern candle stick or Elliwatewave or fundamental analysis. Tomorrow we expext INR/USD movement in a range bound. could open at Rs.55.
Read more…Join the LinkedIn group "Business In America". A group of executives, entrepreneurs and business owners who share their ideas on how to make businesses more profitable and more effective. This group was arranged by CoFission, LLC. who produces a bi-m
Read more…How are you monitoring risks related to outsourcing in real time? Not just supplier related risks but also location based risks? Country? City?
Read more…It is being both a banker and a risk manager so you will be hated by your colleagues if you dare to take a stand.
Have you been in a situation where either a colleague, a client, a friend, a regulator, a vendor, an auditor or someone you report to
Read more…The Gold standard has returned to be a mainstream discussion, with a "gold commission" set to become part of official US Republican party policy.
Our opinion is that a return to a fixed money supply would also remove the central bank’s ability to off
Read more…The impact of Widespread 'Civilian' Digital Reporting via i Phones etc. and Social Media on Crisis and Risk Management is fast becoming prominent. If interested, see more in Nik Gowing's Reuter's Report 'Skyful of Lies'.
I have recently seen a new Job
Read more…A "snapshot" of talk by Gary Wilhite, Wells Fargo, on Keeping Capital Models in Perspective:
How Should Capital Models Deal With Uncertainty & Assumption Mismatches?
Why are we interested in this question?
– Affects capital requirement
– Helps us underst
A "snapshot" of talk on A New Methodology for Allocating Systemic Risk
Klaus Düllmann and Natalia Puzanova of Deutsche Bundesbank:
Introduction:
• A coherent full-allocation method (Euler allocation) for attributing
systemic risk to individual banks
• De
Does anyone know of existing white papers on this subject?
Read more…Paula Fortin of Green Mountain Power explains how their strategy for disaster recovery of their virtual infrastructure was readily possible during Hurricane Irene.
http://bit.ly/DisasterRecoveryCaseStudy
Read more…The COSO guidance has undergone revision in the last 2 years.
The basic structure hasn't changed, but supporting material has expanded. Google COSO revision to find out more
Read more…A Canadian, Mark Carney, is now the most powerful unelected official in England.
What is your opinion on this appointment? Are there not enough good people from UK who can do the job?
Read more…Dear GlobalRisk Community member, Our community’s mission is to foster business, networking and educational explorations among members. Learn from some of the top experts in the industry as they clearly explain how to approach the most important Risk management concepts. Check out their expert tips and use the link at the end of each article to navigate back to the website to leave your comment or ask a question. Some of the topics include: How do you Explain Risk Appetite? How to Prepare a…
Read more…I have just published a guide on PEPs screening requirements around the world and would like to know if anybody has any feedback on it? https://complyadvantage.com/blog/politically-exposed-persons-peps-screening-requirements-around-the-world/CA-PEP-Screening-Map-FINAL-V7 (1).jpg
Read more…We created a free presentation (attached), which discusses both global and organizational impacts of the COVID-19 pandemic, along with critical actions organizations should take immediately. This presentation introduces a framework that helps regions and organizations navigate a path to recovery via 9 potential scenarios. These scenarios capture outcomes related to GDP impact, public health response, and economic policies. The presentation also breaks down 6 immediate and critical actions…
Read more…Now that the updated COSO and ISO risk management standards emphasize a connection to enterprise objectives and decision making, does this mean ERM and GRC solutions focused on risk registers and regulatory compliance are missing the true value of risk management?Will current risk management solutions evolve to integrate more decision support functionality or will standalone prescriptive analytics and other technology solutions take a more prominent role in enabling risk-informed…
Read more…We have an interesting question from one of our members. "We usually perform OTC FX transactions with clients backed-to-back on the market (with Banks). Now we are going to perform a FX swap (i.e. Spot + forward) JPY/EUR for the Bank account for 1 week at the longest. The purpose is to get EUR place @ CB for LCR compliance purpose (no trading purposes). Bank's Management think that this should be considered as a trading position and therefore be classified within the Bank's trading book.…
Read more…The recent sudden crash of oil prices has had a major impact on the world economy, leading to many troubled faces in the international arena. The Russians fear the effects of yet another powerful hit on their economy, Venezuela seems to be considering default and the Americans are weary of the consequences for its young and emerging shale oil industry. And then you have the Middle East, where the smallest match is enough to ignite the largest fire. But are these worries really justified or…
Read more…The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.
For companies wanting to create a greater visibility for their products and services among their prospects in the Risk market: Send your business partnership request by filling in the form here!
