Category: Risk Management Software

Leverage ahoy : Systemic Risk is back
Systemic Risk is back 0 Comments | By

John Maynard Keynes wrote that the wheels of capitalism are dependent, to a large extent, on “animal spirits” or the basic human trust that allows individual investors and lenders to assume and properly manage the risks associated with lending and investing. Systemic risk builds when this sense of trust evolves into complacency and dulls market skepticism, … Continue reading “Leverage ahoy : Systemic Risk is back”

In this increasing debate over AI, in how it is good for mankind, and on the other side, how it is going to take away our jobs, what is the right answer? I would take the analogy of the advent of cars, trains or airplanes, in the times when people used horse carriages, horses or … Continue reading “How AI is changing Risk Management and Compliance”

The Good Risk Manager’s Prayer
The Good Risk Manager's Prayer 0 Comments | By

I like to start many Risk presentations with the quintessential question “What sank the Titanic?” The answer of course is “Iceberg”. Or is it? Sailing from Southampton to New York, the 46,000-ton Royal Mail Steamer Titanic struck an iceberg in the North Atlantic at 11:40 p.m. on Sunday, April 14, 1912, on her maiden and final voyage. Within … Continue reading “The Good Risk Manager’s Prayer”