Sooner or later when implementing risk management the risk team will face a dilemma: reduce the scope of risk analysis or automate. For example, market and credit risk management very… Continue reading Is your risk management software solving these 3 problems or is it just pretty reporting?
Every time risk professionals would have a conversation about risk analysis and specifically risk quantification, someone, inevitably, would come in on a high horse and use this excuse to supposedly… Continue reading The lamest excuse for not quantifying risk and you are probably guilty of it too…
Say what you will about risk management in financial services, one thing is for sure, it is much more mature than risk management outside of financial services, at least when… Continue reading 4 types of risk analysis, 1 bad and 3 good examples
Archer got together with Alex Sidorenko, FERMA Risk Manager of the Year 2021, RIMS International Honoree 2021, to create this practical bootcamp designed to help companies implement quantitative risk management… Continue reading 5-week risk quantification bootcamp by Alex Sidorenko and #Archer
Don’t ignore expected losses In risk management there is a concept that will be useful for any business out there, it is called – EXPECTED LOSSES. This means that certain… Continue reading 3 steps to make your business more resilient
In the last 2 years my team was involved in automating risk management part for investment decision making, vendor accreditation, market risk, tender process, treasury management, credit risk and project… Continue reading Automating risk management. What’s your secret?
While I written this post about compliance risks in the past, I later applied exactly the same math and logic to any non financial risk, including intellectual property, legal, environmental,… Continue reading You can quantify any risk on the planet, just follow these steps
I bet every person working in a large corporation or reading me on LinkedIn knows at least one risk manager. Maybe you like them, maybe you ignore them, but can… Continue reading Is your risk manager a USER or a GENERATOR? What about you?
I wanted to start with some typical math problems in school: Two cars started from the same point, at 5 am, travelling in opposite directions at 40 and 50 mph respectively.… Continue reading Your kids are not taught risk management at school, you have to do it
While working on the project in the Middle East recently the RISK-ACADEMY team came up with what looks like the best risk identification template I’ve seen in a long time.… Continue reading Possibly the best risk assessment template