No man is an island – especially when it comes to Key Risk Indicators
Key Risk Indicators (KRIs) have traditionally been used as an internal metric to support and augment an organisations risk policy, inform risk appetite and identify potential problems. They are designed to represent leading indicators of potential problems and as...
A bad workman always blames his tools…
Sid Jacobson, Managing Partner, Pivotal Risk Advisors responds to our latest blog: Don’t wait until the horse has bolted - Overuse of spreadsheets is creating an inaccurate picture of a firm's credit, market, liquidity and compliance risk. We can only see the tip of...
Don’t wait until the horse has bolted
Overuse of spreadsheets is creating an inaccurate picture of a firm's credit, market, liquidity and compliance risk. We can only see the tip of the iceberg… The sudden collapse of Conviviality is a wakeup call for all C-suite members responsible for risk management....
Lee Campbell interviewed by Gary Vasey, CTRM Center
"Just before the Easter break, I had the opportunity to talk with Lee Campbell, CEO of CubeLogic who told me that CubeLogic has essentially doubled in size over the last 12-months and now has around 55 staff and 25 clients. The company was founded in 2009, with a...
The Importance of Enterprise-Wide Credit Risk Management
Effective credit risk management depends on data aggregate across multiple silos and the ability to produce accurate, consistent and forward-looking measures of credit exposure at the single obligor level. These data silos are often inevitable, especially when...
Trader: Alexa, do you want to come to work with me?
Conversation-as-a-Service meets the trading floor The way we interact with computers has continually evolved from punch cards, command line interfaces and keyboards, the introduction of the mouse and more recently touchscreen devices and Alexa. The common driver for...
How can we harness the value of social media when managing risk (Part II)
Following Part I - 'How can we harness the value of social media when managing risk?' the below looks at how we can further enhance the value of social media across; market, credit and liquidity risk by applying machine learning and trend analysis. Machine Learning...
How can we harness the value of social media when managing risk? (Part I)
The emergence of social media over the last ten years has been dramatic. The number of daily Tweets is now around 500 million. Facebook has an even larger amount of daily activity and other sites like LinkedIn also generate an enormous amount of content. These...