Torsten Röhner – Why probability is critical for meaningful financial modelling

Torsten Röhner, founder and managing director of Syconomic, demonstrates why financial models that do not account for probability are virtually meaningless. “Most innovations in financial modelling solve the wrong problem… They solve technical problems instead of overcoming flaws in the methodology,” Torsten Röhner, founder and managing director of Syconomic, told the audience at Risk Awareness… Continue reading Torsten Röhner – Why probability is critical for meaningful financial modelling

Duncan Harwood – Why every risk manager must be using Monte Carlo modelling to evaluate effect of risks

Given the uncertainties businesses have faced as result of the Covid-19 pandemic, it’s hardly surprising many are looking to improve how they do risk management. According to Duncan Harwood, managing director of 2020 Risk Management, introducing Monte Carlo simulation one of the best steps a business can take to improve its risk management processes. Giving… Continue reading Duncan Harwood – Why every risk manager must be using Monte Carlo modelling to evaluate effect of risks

4 amazing online workshops for risk managers and decision makers

As part of the 25 year tradition, the SDP DAAG Conference is also hosting 4 quality short courses that were donated by leading professionals in their fields with the objective to disseminate the art and science of informed decision making globally. Pilot and Test Design Framing and Evaluation Date/Time: Wednesday, June 17 | 8:00 am… Continue reading 4 amazing online workshops for risk managers and decision makers