Risk Mgmt

Chess: A Valuable Teaching Tool for Risk Managers?

How does chess resemble risk analysis? Are there similarities, for example, between the way a chess player studies opponents’ games and the way a risk analyst studies clients’ portfolios? Igor Postelnik takes a comprehensive look at chess strategy and discusses…

Risk Management- Loses Metamorphosis

By: Tamer W Francis Boulos In this short article, I am presenting the seeds of a new Risk Management ideology, which I named Loses Metamorphosis, which could be the fourth risk management science aside with the main three Risk Management…

Comparison between the PRM and FRM Certifications

The current environment requires many people working in financial services to have a good understanding for various components of risk management (e.g. operational risk, credit risk, market risk, etc,).  Risk management associations are a great venue for acquiring this knowledge.…

GLC Europe – Solvency II Forum 2013

GLC Europe is delighted to invite you to the Solvency II Forum 2013, on 21st and 22nd of November 2013, in Vienna at Fleming’s Deluxe Hotel. Over the last years both large and small insurance companies had to face with…

Decoding Entropy: A Credit Risk Modelling Perspective

By: Tejas Mhaskar  Abstract: Since its evolution, the concept of Entropy has been applied in various fields like Computer Science, Quantitative Finance, Physics etc. The definition of Entropy has slightly different meanings depending on the field of science to which…

Risk Management Events

Attending risk management events is an effective approach to staying current on developments in risk management. Going to an event allows you to exchange ideas with your peers, hear different opinions, get out of the office, and have fun for…

Unrealistic Scenarios – C’mon Man!

By: Geary Sikich The next time you hear that one of your scenarios is unrealistic and that the events could not have occurred in the sequence that are being depicted you might direct your audience to Japan. Imagine a scenario…