Compliance Risk Management – Risk analysis (part 4)

Step 4. Allocate weights to each scenario In order to determine the weight allocated to each consequence scenario of events triggered by compliance risk, historical data, modelling, as well as… Continue reading Compliance Risk Management – Risk analysis (part 4)

Compliance Risk Management – Risk analysis (part 3)

Step 3. Determine the range of consequences for each scenario In order to quantitatively assess compliance risks the next step involves defining the possible range of values for each consequence… Continue reading Compliance Risk Management – Risk analysis (part 3)

Compliance Risk Management – Risk analysis (part 2)

Step 2. Identify causes and consequence scenarios Causes and consequences for the bow-tie diagram are normally derived from the regulations as well as through consultation with risk owners and subject… Continue reading Compliance Risk Management – Risk analysis (part 2)

Compliance Risk Management – Risk analysis (part 1)

Wherever possible companies should apply quantitative risk analysis to measure and prioritize compliance risks. Wait what? We can do better than a compliance heatmap? Apparently :)) The following information should… Continue reading Compliance Risk Management – Risk analysis (part 1)

WATCH REPLAY: Alex Sidorenko – Why businesses and decision-makers must embrace Risk Management 2

One major flaw in the risk management industry is that the commonly adhered to standards and practices are built on theories that have no basis in scientific fact. Indeed, risk… Continue reading WATCH REPLAY: Alex Sidorenko – Why businesses and decision-makers must embrace Risk Management 2

BLACK FRIDAY – Free access to all RAW2020 workshops until 28.11.2020

RISK MANAGEMENT AWARENESS is the biggest online platform to learn about risk management and decision making. Amazing lineup of international speakers have recorded practical case studies on integrating risk management into… Continue reading BLACK FRIDAY – Free access to all RAW2020 workshops until 28.11.2020

WATCH REPLAY: 45 risk management and decision making workshops available on demand

Every year I ask the best quant risk and decision making professionals I can find to share their models, simulations, methodologies and case studies with the public. We call it… Continue reading WATCH REPLAY: 45 risk management and decision making workshops available on demand

Learn how crowd-sourcing risks works at RAW2020

Near or far: we are together in this COVID-19 crisis. We see increasing levels of sharing and caring across the globe. We are all uplifted by a more robust understanding… Continue reading Learn how crowd-sourcing risks works at RAW2020

Recommended pre-reading for the RAW conferences

RAW conferences are running every October and I wanted to share something valuable with you. During the conference you will hear many of the speakers talk about Risk Management 2… Continue reading Recommended pre-reading for the RAW conferences

WATCH REPLAY: Probability for Pragmatists

https://2020.riskawarenessweek.com/talks/managing-irreducible-risks-through-portfolio-analysis-hedging-and-diversification/ The success of quantitative risk management rests on our ability to assess probabilities, but what is a probability anyway? How do you know if your assessments are any good… Continue reading WATCH REPLAY: Probability for Pragmatists