# What is involved in Risk Modeling

Find out what the related areas are that Risk Modeling connects with, associates with, correlates with or affects, and which require thought, deliberation, analysis, review and discussion. This unique checklist stands out in a sense that it is not per-se designed to give answers, but to engage the reader and lay out a Risk Modeling thinking-frame.

## How far is your company on its Risk Modeling journey?

Take this short survey to gauge your organization’s progress toward Risk Modeling leadership. Learn your strongest and weakest areas, and what you can do now to create a strategy that delivers results.

To address the criteria in this checklist for your organization, extensive selected resources are provided for sources of further research and information.

# Start the Checklist

Below you will find a quick checklist designed to help you think about which Risk Modeling related domains to cover and 167 essential critical questions to check off in that domain.

The following domains are covered:

Risk Modeling, Liquidity risk, Financial modeling, Interest rate risk, Sarbanes-Oxley Act, Margining risk, Liquidity at risk, Legal risk, Political risk, Power law, Consumer credit risk, Benoît Mandelbrot, Risk pool, Settlement risk, Refinancing risk, Extreme value theory, Investment management, Credit risk, Black-Scholes model, Commodity risk, Knightian uncertainty, Valuation risk, Mathematical finance, Capital requirement, Volume risk, The Economist, Concentration risk, Holding period risk, Operational risk, Financial crisis of 2007–2010, Margin at risk, Shape risk, Price area risk, Financial economics, Volatility risk, Credit derivative, Financial Times, Expected return, Random House, Market risk, Corporate scandals, Gaussian distribution, Modern portfolio theory, Operational risk management, Risk Modeling, Market portfolio, The New Palgrave, The Black Swan, Risk-free interest rate, Value at risk, Reputational risk, Damiano Brigo, Foreign exchange risk, Profit risk, Nassim Nicholas Taleb, Profit at risk, Financial risk, Basis risk, Systemic risk, Standard deviation, Risk analysis, Fat-tailed distribution, Basel II, Equity risk, Sharpe ratio, Financial risk management, Systematic risk, Historical simulation, Risk parity, Levy function, Risk-adjusted return on capital:

### Risk Modeling Critical Criteria:

Value Risk Modeling projects and acquire concise Risk Modeling education.

– What is the purpose of Risk Modeling in relation to the mission?

– What are all of our Risk Modeling domains and what do they do?

– What are the Key enablers to make this Risk Modeling move?

### Liquidity risk Critical Criteria:

Troubleshoot Liquidity risk projects and devote time assessing Liquidity risk and its risk.

– What are your results for key measures or indicators of the accomplishment of your Risk Modeling strategy and action plans, including building and strengthening core competencies?

– Who will be responsible for making the decisions to include or exclude requested changes once Risk Modeling is underway?

– How do we make it meaningful in connecting Risk Modeling with what users do day-to-day?

### Financial modeling Critical Criteria:

Concentrate on Financial modeling risks and explain and analyze the challenges of Financial modeling.

– Does Risk Modeling create potential expectations in other areas that need to be recognized and considered?

– What are the record-keeping requirements of Risk Modeling activities?

– Can we do Risk Modeling without complex (expensive) analysis?

### Interest rate risk Critical Criteria:

Accumulate Interest rate risk quality and develop and take control of the Interest rate risk initiative.

– What are the barriers to increased Risk Modeling production?

### Sarbanes-Oxley Act Critical Criteria:

Administer Sarbanes-Oxley Act leadership and clarify ways to gain access to competitive Sarbanes-Oxley Act services.

– How do we go about Comparing Risk Modeling approaches/solutions?

– How much does Risk Modeling help?

– Is Risk Modeling Required?

### Margining risk Critical Criteria:

Graph Margining risk tasks and track iterative Margining risk results.

– What are your current levels and trends in key measures or indicators of Risk Modeling product and process performance that are important to and directly serve your customers? how do these results compare with the performance of your competitors and other organizations with similar offerings?

– What are our needs in relation to Risk Modeling skills, labor, equipment, and markets?

– Is a Risk Modeling Team Work effort in place?

### Liquidity at risk Critical Criteria:

Audit Liquidity at risk outcomes and point out improvements in Liquidity at risk.

– Do you monitor the effectiveness of your Risk Modeling activities?

– Are accountability and ownership for Risk Modeling clearly defined?

### Legal risk Critical Criteria:

Familiarize yourself with Legal risk strategies and develop and take control of the Legal risk initiative.

– Risk factors: what are the characteristics of Risk Modeling that make it risky?

– What sources do you use to gather information for a Risk Modeling study?

– What are the legal risks in using Big Data/People Analytics in hiring?

### Political risk Critical Criteria:

Wrangle Political risk management and cater for concise Political risk education.

– How do we Lead with Risk Modeling in Mind?

### Power law Critical Criteria:

Deliberate Power law strategies and intervene in Power law processes and leadership.

– A compounding model resolution with available relevant data can often provide insight towards a solution methodology; which Risk Modeling models, tools and techniques are necessary?

– What are your key performance measures or indicators and in-process measures for the control and improvement of your Risk Modeling processes?

– Why are Risk Modeling skills important?

### Consumer credit risk Critical Criteria:

Substantiate Consumer credit risk risks and mentor Consumer credit risk customer orientation.

– Which individuals, teams or departments will be involved in Risk Modeling?

– How is the value delivered by Risk Modeling being measured?

### Benoît Mandelbrot Critical Criteria:

Examine Benoît Mandelbrot tactics and catalog Benoît Mandelbrot activities.

– What other jobs or tasks affect the performance of the steps in the Risk Modeling process?

– What vendors make products that address the Risk Modeling needs?

### Risk pool Critical Criteria:

Start Risk pool governance and observe effective Risk pool.

– What are the disruptive Risk Modeling technologies that enable our organization to radically change our business processes?

– What is our formula for success in Risk Modeling ?

– Who needs to know about Risk Modeling ?

### Settlement risk Critical Criteria:

Collaborate on Settlement risk leadership and diversify by understanding risks and leveraging Settlement risk.

– Among the Risk Modeling product and service cost to be estimated, which is considered hardest to estimate?

– What will drive Risk Modeling change?

– Do we have past Risk Modeling Successes?

### Refinancing risk Critical Criteria:

Ventilate your thoughts about Refinancing risk quality and define what do we need to start doing with Refinancing risk.

– How do we Identify specific Risk Modeling investment and emerging trends?

– Does our organization need more Risk Modeling education?

– What is Effective Risk Modeling?

### Extreme value theory Critical Criteria:

Deliberate Extreme value theory failures and know what your objective is.

– What are the success criteria that will indicate that Risk Modeling objectives have been met and the benefits delivered?

– How do we manage Risk Modeling Knowledge Management (KM)?

### Investment management Critical Criteria:

Nurse Investment management management and research ways can we become the Investment management company that would put us out of business.

– Do we aggressively reward and promote the people who have the biggest impact on creating excellent Risk Modeling services/products?

– What is the total cost related to deploying Risk Modeling, including any consulting or professional services?

– What are the business goals Risk Modeling is aiming to achieve?

### Credit risk Critical Criteria:

Start Credit risk projects and attract Credit risk skills.

– How do we know that any Risk Modeling analysis is complete and comprehensive?

– Is Risk Modeling dependent on the successful delivery of a current project?

– What are internal and external Risk Modeling relations?

### Black-Scholes model Critical Criteria:

Administer Black-Scholes model quality and remodel and develop an effective Black-Scholes model strategy.

– Is Risk Modeling Realistic, or are you setting yourself up for failure?

### Commodity risk Critical Criteria:

Pilot Commodity risk risks and explore and align the progress in Commodity risk.

– How do you incorporate cycle time, productivity, cost control, and other efficiency and effectiveness factors into these Risk Modeling processes?

### Knightian uncertainty Critical Criteria:

Disseminate Knightian uncertainty engagements and forecast involvement of future Knightian uncertainty projects in development.

– For your Risk Modeling project, identify and describe the business environment. is there more than one layer to the business environment?

– Does the Risk Modeling task fit the clients priorities?

– What are the usability implications of Risk Modeling actions?

### Valuation risk Critical Criteria:

Drive Valuation risk risks and check on ways to get started with Valuation risk.

– How does the organization define, manage, and improve its Risk Modeling processes?

### Mathematical finance Critical Criteria:

Incorporate Mathematical finance leadership and correct better engagement with Mathematical finance results.

– What are our best practices for minimizing Risk Modeling project risk, while demonstrating incremental value and quick wins throughout the Risk Modeling project lifecycle?

– What potential environmental factors impact the Risk Modeling effort?

– Who will provide the final approval of Risk Modeling deliverables?

### Capital requirement Critical Criteria:

Powwow over Capital requirement tactics and interpret which customers can’t participate in Capital requirement because they lack skills.

– What are the short and long-term Risk Modeling goals?

### Volume risk Critical Criteria:

Participate in Volume risk adoptions and ask questions.

– Why is it important to have senior management support for a Risk Modeling project?

– What about Risk Modeling Analysis of results?

– Is the scope of Risk Modeling defined?

### The Economist Critical Criteria:

Experiment with The Economist decisions and prioritize challenges of The Economist.

### Concentration risk Critical Criteria:

Confer over Concentration risk adoptions and adopt an insight outlook.

– Who will be responsible for deciding whether Risk Modeling goes ahead or not after the initial investigations?

– What are the Essentials of Internal Risk Modeling Management?

– What threat is Risk Modeling addressing?

### Holding period risk Critical Criteria:

Differentiate Holding period risk governance and report on the economics of relationships managing Holding period risk and constraints.

– What may be the consequences for the performance of an organization if all stakeholders are not consulted regarding Risk Modeling?

### Operational risk Critical Criteria:

Analyze Operational risk tasks and differentiate in coordinating Operational risk.

– What role does communication play in the success or failure of a Risk Modeling project?

### Financial crisis of 2007–2010 Critical Criteria:

Scan Financial crisis of 2007–2010 issues and diversify disclosure of information – dealing with confidential Financial crisis of 2007–2010 information.

– What prevents me from making the changes I know will make me a more effective Risk Modeling leader?

### Margin at risk Critical Criteria:

Exchange ideas about Margin at risk engagements and clarify ways to gain access to competitive Margin at risk services.

### Shape risk Critical Criteria:

Substantiate Shape risk management and pioneer acquisition of Shape risk systems.

– How can you negotiate Risk Modeling successfully with a stubborn boss, an irate client, or a deceitful coworker?

– Does Risk Modeling analysis isolate the fundamental causes of problems?

### Price area risk Critical Criteria:

Value Price area risk tasks and develop and take control of the Price area risk initiative.

– Consider your own Risk Modeling project. what types of organizational problems do you think might be causing or affecting your problem, based on the work done so far?

– Are there any disadvantages to implementing Risk Modeling? There might be some that are less obvious?

### Financial economics Critical Criteria:

Deliberate over Financial economics leadership and intervene in Financial economics processes and leadership.

– Who will be responsible for documenting the Risk Modeling requirements in detail?

– What is our Risk Modeling Strategy?

### Volatility risk Critical Criteria:

Be responsible for Volatility risk leadership and explain and analyze the challenges of Volatility risk.

### Credit derivative Critical Criteria:

Add value to Credit derivative adoptions and assess what counts with Credit derivative that we are not counting.

– Who is responsible for ensuring appropriate resources (time, people and money) are allocated to Risk Modeling?

– How would one define Risk Modeling leadership?

### Financial Times Critical Criteria:

Substantiate Financial Times leadership and create Financial Times explanations for all managers.

– At what point will vulnerability assessments be performed once Risk Modeling is put into production (e.g., ongoing Risk Management after implementation)?

### Expected return Critical Criteria:

Track Expected return results and spearhead techniques for implementing Expected return.

– Does the expected return on investment (roi) of this new collection justify putting it in place?

– How do we go about Securing Risk Modeling?

### Random House Critical Criteria:

Guide Random House visions and balance specific methods for improving Random House results.

– Have all basic functions of Risk Modeling been defined?

– What are specific Risk Modeling Rules to follow?

### Market risk Critical Criteria:

Administer Market risk management and improve Market risk service perception.

– Can we add value to the current Risk Modeling decision-making process (largely qualitative) by incorporating uncertainty modeling (more quantitative)?

– Market risk -Will the new service or product be useful to the organization or marketable to others?

– What are the long-term Risk Modeling goals?

### Corporate scandals Critical Criteria:

Guide Corporate scandals governance and spearhead techniques for implementing Corporate scandals.

– Where do ideas that reach policy makers and planners as proposals for Risk Modeling strengthening and reform actually originate?

– How can you measure Risk Modeling in a systematic way?

### Gaussian distribution Critical Criteria:

Meet over Gaussian distribution management and finalize specific methods for Gaussian distribution acceptance.

– Have the types of risks that may impact Risk Modeling been identified and analyzed?

– Are there Risk Modeling problems defined?

– How to deal with Risk Modeling Changes?

### Modern portfolio theory Critical Criteria:

Revitalize Modern portfolio theory decisions and revise understanding of Modern portfolio theory architectures.

– Does Risk Modeling include applications and information with regulatory compliance significance (or other contractual conditions that must be formally complied with) in a new or unique manner for which no approved security requirements, templates or design models exist?

### Operational risk management Critical Criteria:

Weigh in on Operational risk management goals and know what your objective is.

– How can skill-level changes improve Risk Modeling?

### Risk Modeling Critical Criteria:

Investigate Risk Modeling visions and do something to it.

– Do several people in different organizational units assist with the Risk Modeling process?

– Who sets the Risk Modeling standards?

### Market portfolio Critical Criteria:

Consider Market portfolio quality and give examples utilizing a core of simple Market portfolio skills.

– Who is the main stakeholder, with ultimate responsibility for driving Risk Modeling forward?

### The New Palgrave Critical Criteria:

See the value of The New Palgrave engagements and grade techniques for implementing The New Palgrave controls.

– Think about the functions involved in your Risk Modeling project. what processes flow from these functions?

– In what ways are Risk Modeling vendors and us interacting to ensure safe and effective use?

### The Black Swan Critical Criteria:

Do a round table on The Black Swan results and achieve a single The Black Swan view and bringing data together.

– Will Risk Modeling have an impact on current business continuity, disaster recovery processes and/or infrastructure?

### Risk-free interest rate Critical Criteria:

Reorganize Risk-free interest rate risks and don’t overlook the obvious.

– In the case of a Risk Modeling project, the criteria for the audit derive from implementation objectives. an audit of a Risk Modeling project involves assessing whether the recommendations outlined for implementation have been met. in other words, can we track that any Risk Modeling project is implemented as planned, and is it working?

– Think of your Risk Modeling project. what are the main functions?

### Value at risk Critical Criteria:

Infer Value at risk decisions and summarize a clear Value at risk focus.

### Reputational risk Critical Criteria:

Canvass Reputational risk adoptions and perfect Reputational risk conflict management.

– How can we incorporate support to ensure safe and effective use of Risk Modeling into the services that we provide?

### Damiano Brigo Critical Criteria:

Co-operate on Damiano Brigo failures and report on setting up Damiano Brigo without losing ground.

– What knowledge, skills and characteristics mark a good Risk Modeling project manager?

– Are assumptions made in Risk Modeling stated explicitly?

– Why is Risk Modeling important for you now?

### Foreign exchange risk Critical Criteria:

Review Foreign exchange risk projects and observe effective Foreign exchange risk.

– Marketing budgets are tighter, consumers are more skeptical, and social media has changed forever the way we talk about Risk Modeling. How do we gain traction?

– Are there Risk Modeling Models?

### Profit risk Critical Criteria:

Track Profit risk results and ask questions.

– To what extent does management recognize Risk Modeling as a tool to increase the results?

– How to Secure Risk Modeling?

### Nassim Nicholas Taleb Critical Criteria:

Learn from Nassim Nicholas Taleb outcomes and assess and formulate effective operational and Nassim Nicholas Taleb strategies.

### Profit at risk Critical Criteria:

Survey Profit at risk decisions and sort Profit at risk activities.

– What tools do you use once you have decided on a Risk Modeling strategy and more importantly how do you choose?

– Can Management personnel recognize the monetary benefit of Risk Modeling?

### Financial risk Critical Criteria:

Reason over Financial risk leadership and figure out ways to motivate other Financial risk users.

– Financial risk -can the organization afford to undertake the project?

### Basis risk Critical Criteria:

Generalize Basis risk adoptions and check on ways to get started with Basis risk.

– What are current Risk Modeling Paradigms?

### Systemic risk Critical Criteria:

Scan Systemic risk tasks and perfect Systemic risk conflict management.

– When developing and capitalizing on IoT solutions, do we as owners consider the societal cost, systemic risk, and risk externality to avoid what may be called designer hubris. In other words, why add features when theyre not needed and contribute to the insecurity/fragility of the whole system?

– Does Risk Modeling systematically track and analyze outcomes for accountability and quality improvement?

### Standard deviation Critical Criteria:

Experiment with Standard deviation engagements and devote time assessing Standard deviation and its risk.

– what is the best design framework for Risk Modeling organization now that, in a post industrial-age if the top-down, command and control model is no longer relevant?

– Is there a Risk Modeling Communication plan covering who needs to get what information when?

– Is the standard deviation of the stock equal to the standard deviation of the market?

### Risk analysis Critical Criteria:

Co-operate on Risk analysis adoptions and describe which business rules are needed as Risk analysis interface.

– How do risk analysis and Risk Management inform your organizations decisionmaking processes for long-range system planning, major project description and cost estimation, priority programming, and project development?

– Which customers cant participate in our Risk Modeling domain because they lack skills, wealth, or convenient access to existing solutions?

– What levels of assurance are needed and how can the risk analysis benefit setting standards and policy functions?

– In which two Service Management processes would you be most likely to use a risk analysis and management method?

– How does the business impact analysis use data from Risk Management and risk analysis?

– How do we do risk analysis of rare, cascading, catastrophic events?

– With risk analysis do we answer the question how big is the risk?

### Fat-tailed distribution Critical Criteria:

Use past Fat-tailed distribution engagements and get answers.

### Basel II Critical Criteria:

Revitalize Basel II governance and spearhead techniques for implementing Basel II.

– Is maximizing Risk Modeling protection the same as minimizing Risk Modeling loss?

### Equity risk Critical Criteria:

Adapt Equity risk visions and achieve a single Equity risk view and bringing data together.

– In a project to restructure Risk Modeling outcomes, which stakeholders would you involve?

### Sharpe ratio Critical Criteria:

Think carefully about Sharpe ratio adoptions and triple focus on important concepts of Sharpe ratio relationship management.

– How do senior leaders actions reflect a commitment to the organizations Risk Modeling values?

### Financial risk management Critical Criteria:

Huddle over Financial risk management outcomes and figure out ways to motivate other Financial risk management users.

– Does Risk Modeling appropriately measure and monitor risk?

### Systematic risk Critical Criteria:

Administer Systematic risk projects and display thorough understanding of the Systematic risk process.

### Historical simulation Critical Criteria:

Transcribe Historical simulation leadership and simulate teachings and consultations on quality process improvement of Historical simulation.

– What business benefits will Risk Modeling goals deliver if achieved?

### Risk parity Critical Criteria:

Trace Risk parity decisions and grade techniques for implementing Risk parity controls.

### Levy function Critical Criteria:

Consolidate Levy function engagements and create Levy function explanations for all managers.

– Are there any easy-to-implement alternatives to Risk Modeling? Sometimes other solutions are available that do not require the cost implications of a full-blown project?

### Risk-adjusted return on capital Critical Criteria:

Demonstrate Risk-adjusted return on capital decisions and innovate what needs to be done with Risk-adjusted return on capital.

– When a Risk Modeling manager recognizes a problem, what options are available?

– How will we insure seamless interoperability of Risk Modeling moving forward?

# Conclusion:

This quick readiness checklist is a selected resource to help you move forward. Learn more about how to achieve comprehensive insights with the Risk Modeling Self Assessment:

store.theartofservice.com/Risk-Modeling-Complete-Self-Assessment/

Author: Gerard Blokdijk

CEO at The Art of Service | theartofservice.com

gerard.blokdijk@theartofservice.com

www.linkedin.com/in/gerardblokdijk

Gerard is the CEO at The Art of Service. He has been providing information technology insights, talks, tools and products to organizations in a wide range of industries for over 25 years. Gerard is a widely recognized and respected information expert. Gerard founded The Art of Service consulting business in 2000. Gerard has authored numerous published books to date.

# External links:

To address the criteria in this checklist, these selected resources are provided for sources of further research and information:

### Risk Modeling External links:

Risk Modeling Manager Salaries – Salary.com

www1.salary.com/Risk-Modeling-Manager-Salary.html

Threat Risk Modeling – OWASP

www.owasp.org/index.php?title=Threat_Risk_Modeling

Risk Modeling Work Group | Home

primis.phmsa.dot.gov/rmwg/index.htm

### Liquidity risk External links:

What is Liquidity Risk? definition and meaning

www.investorwords.com/2841/liquidity_risk.html

Liquidity Risk Management | BBVA Compass

www.bbvacompass.com/commercial/liquidity-management.html

### Financial modeling External links:

Whitebirch | Financial Modeling Platform

www.whitebirchsoftware.com

### Interest rate risk External links:

Duration and Bond Interest Rate Risk – Morningstar, Inc.

news.morningstar.com/classroom2/course.asp?docId=5323&page=5

[PDF]Advisory on Interest Rate Risk Management (the …

www.ffiec.gov/PDF/01-12RR_FAQs.pdf

Managing interest rate risk with swaps & hedging strategies

privatewealth.usbank.com/insights/managing-interest-rate-risk

### Sarbanes-Oxley Act External links:

1-6 Sarbanes-Oxley Act Compliance – USPS

about.usps.com/publications/pub804/pub804_c1_012.htm

Sarbanes-Oxley Act Flashcards | Quizlet

quizlet.com/14412325/sarbanes-oxley-act-flash-cards

SEC Testimony: Implementation of the Sarbanes-Oxley Act …

www.sec.gov/news/testimony/090903tswhd.htm

### Legal risk External links:

ASCA – 2018 Minimizing Your Regulatory & Legal Risk

www.ascassociation.org/2018regulatory

What is LEGAL RISK – The Law Dictionary

thelawdictionary.org/legal-risk

### Political risk External links:

Political risk. (Book, 1982) [WorldCat.org]

www.worldcat.org/title/political-risk/oclc/84986762

Political risk spreads (eBook, 2014) [WorldCat.org]

www.worldcat.org/title/political-risk-spreads/oclc/868229339

Political Risk Analysis & Management | Aon

www.aon.com/risk-services/crisis-management/political-risks.jsp

### Power law External links:

Akin Gump Energy Lawyers | Power Law firm | Energy Law …

www.akingump.com/en/experience/industries/energy/index.html

Home – The Power Law FirmThe Power Law Firm

www.powerlawfirm.com

Power law – encyclopedia article – Citizendium

en.citizendium.org/wiki/Power_law

### Consumer credit risk External links:

Consumer Credit Risk Analyst Jobs, Employment | Indeed.com

www.indeed.com/q-consumer-credit-risk-analyst-jobs.html

[PDF]Consumer Credit Risk Models via Machine-Learning …

mitsloan.mit.edu/media/Lo_ConsumerCreditRiskModels.pdf

### Benoît Mandelbrot External links:

Benoît Mandelbrot, Father of Fractals | Mental Floss

mentalfloss.com/article/53794/benoît-mandelbrot-father-fractals

Benoît Mandelbrot | The n-Category Café

golem.ph.utexas.edu/category/2010/10/benot_mandelbrot.html

### Risk pool External links:

The risk pool (Book, 1988) [WorldCat.org]

www.worldcat.org/title/risk-pool/oclc/17803510

OCI Comprehensive Health Rate Filings – Single Risk Pool

oci.wi.gov/Pages/OCIForms/CompHealthRateFilingSRP.aspx

### Settlement risk External links:

[PDF]Notice of Closing or Settlement Risk – Missouri

insurance.mo.gov/laws/documents/FormT-32008-06-25.pdf

### Refinancing risk External links:

What is reinvestment risk and refinancing risk? – Quora

www.quora.com/What-is-reinvestment-risk-and-refinancing-risk

Refinancing Risk – Investopedia

www.investopedia.com/terms/r/refinancing_risk.asp

Refinancing Risk definitions – Defined Term

definedterm.com/refinancing_risk

### Extreme value theory External links:

[PDF]Extreme Value Theory as a Risk Management Tool

www.casact.org/library/studynotes/Embrechts_ExtremeValue.pdf

[PDF]Extreme Value Theory: Fuhgetaboudit

www.fooledbyrandomness.com/EVT.pdf

CiteSeerX — Extreme Value Theory in Finance

citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.178.4050

### Investment management External links:

First Eagle Investment Management

www.feim.com

SEC.gov | Investment Management

www.sec.gov/investment

Ivy Investments | Investment Management Company

www.ivyinvestments.com

### Credit risk External links:

Leader in Credit Risk Analytics – CreditEdge.com

www.creditedge.com

### Black-Scholes model External links:

ESOs: Using the Black-Scholes Model – Investopedia

www.investopedia.com/features/eso/eso2.asp

Black-Scholes Model and What it Means – The Balance

www.thebalance.com/an-option-pricing-model-2536859

### Commodity risk External links:

Commodity risk news and analysis articles – Risk.net

www.risk.net/topics/commodity-risk

### Knightian uncertainty External links:

Explained: Knightian uncertainty | MIT News

news.mit.edu/2010/explained-knightian-0602

### Mathematical finance External links:

The Eastern Conference on Mathematical Finance – …

wp.nyu.edu/easterncmf

### Capital requirement External links:

The Capital Requirements Regulations 2013 – legislation

www.legislation.gov.uk/uksi/2013/3115/contents/made

What is Capital Requirement? definition and meaning

www.investorwords.com/730/capital_requirement.html

Capital Requirement – Investopedia

www.investopedia.com/terms/c/capitalrequirement.asp

### Volume risk External links:

Volume Risk – Open Risk Manual

www.openriskmanual.org/wiki/Volume_Risk

### The Economist External links:

The Economist – Official Site

www.economist.com

The Economist Coupons – CouponChief.com

www.couponchief.com/economist

Buy The Economist – US Edition: Read 733 Kindle Store Reviews – Amazon.com

4.2/5(733)

### Concentration risk External links:

[PDF]Managing Equity- Concentration Risk

www.privatebank.citibank.com/doc/conc_equity_risk.pdf

Correspondent Concentration Risk | My Banker’s Bank

www.mybankersbank.com/correspondent-concentration-risk

Concentrate on Concentration Risk | FINRA.org

www.finra.org/investors/concentrate-concentration-risk

### Holding period risk External links:

Holding period risk – WOW.com

www.wow.com/wiki/Holding_period_risk

Holding Period Risk definitions – Defined Term

definedterm.com/holding_period_risk

Holding period risk – Revolvy

update.revolvy.com/topic/Holding period risk

### Operational risk External links:

Elements of an Operational Risk Management Program

www.aba.com/Training/Online/Courses/Pages/OTBRM-EORMP.aspx

ABA Certificate in Operational Risk Management

www.aba.com/Training/DC/Pages/ormcertificate.aspx

### Margin at risk External links:

Margin at risk – Revolvy

update.revolvy.com/topic/Margin at risk

Tender Detail for GROSS MARGIN AT RISK (GMAR)

www.tendersonline.com.au/TenderDetails.aspx?uid=416846

### Shape risk External links:

[PDF]How luck and fortune shape risk-taking behaviors

scholarcommons.usf.edu/cgi/viewcontent.cgi?article=6759&context=etd

### Financial economics External links:

Financial economics (eBook, 2012) [WorldCat.org]

www.worldcat.org/title/financial-economics/oclc/795315410

Masters in Financial Economics Online | Ohio University

onlinemasters.ohio.edu/masters-financial-economics

Overview – M.S. in Quantitative Financial Economics

business.okstate.edu/watson/msqfe

### Volatility risk External links:

[PDF]Dynamic Estimation of Volatility Risk Premia and …

www.federalreserve.gov/pubs/feds/2004/200456/200456pap.pdf

### Credit derivative External links:

Credit Derivative – investopedia.com

www.investopedia.com/terms/c/creditderivative.asp

What is CREDIT DERIVATIVE – Black’s Law Dictionary

thelawdictionary.org/credit-derivative

Credit derivative – How is Credit derivative abbreviated?

acronyms.thefreedictionary.com/Credit+derivative

### Financial Times External links:

Financial Times

www.ft.com

Financial Times (@FinancialTimes) | Twitter

twitter.com/FinancialTimes

Business Acumen Definition from Financial Times Lexicon

lexicon.ft.com/Term?term=business-acumen

### Expected return External links:

Expected Return financial definition of Expected Return

financial-dictionary.thefreedictionary.com/Expected+Return

[PDF]Part II Security Beta Expected return

web2.uwindsor.ca/courses/business/assaf/p&sw05s2.PDF

### Random House External links:

Random House | Junie B. Jones | Games

www.juniebjones.com/games

Random House Academic – Official Site

www.randomhouseacademic.com

Penguin Random House US Personal Portal

na.login-us.mimecast.com

### Market risk External links:

Market Risk Definition | Investopedia

www.investopedia.com/terms/m/marketrisk.asp

### Corporate scandals External links:

25 Biggest Corporate Scandals Ever – list25.com

list25.com/25-biggest-corporate-scandals-ever

### Gaussian distribution External links:

[PDF]The Multivariate Gaussian Distribution

cs229.stanford.edu/section/gaussians.pdf

Gaussian Distribution – Georgia State University

hyperphysics.phy-astr.gsu.edu/hbase/math/gaufcn.html

Gaussian Distribution Function – HyperPhysics Concepts

hyperphysics.phy-astr.gsu.edu/hbase/Math/gaufcn.html

### Modern portfolio theory External links:

Modern Portfolio Theory Investment Strategy | Personal Capital

www.personalcapital.com/wealth-management/investment-strategy

Modern Portfolio Theory Essay – 5180 Words – StudyMode

www.studymode.com/essays/Modern-Portfolio-Theory-109562.html

Modern portfolio theory (Book, 1995) [WorldCat.org]

www.worldcat.org/title/modern-portfolio-theory/oclc/31328365

### Operational risk management External links:

ABA Certificate in Operational Risk Management

www.aba.com/Training/DC/Pages/ormcertificate.aspx

Elements of an Operational Risk Management Program

www.aba.com/Training/Online/Courses/Pages/OTBRM-EORMP.aspx

### Risk Modeling External links:

Threat Risk Modeling – OWASP

www.owasp.org/index.php?title=Threat_Risk_Modeling

Risk Modeling Manager Salaries – Salary.com

www1.salary.com/Risk-Modeling-Manager-Salary.html

Risk Modeling Work Group | Home

primis.phmsa.dot.gov/rmwg/index.htm

### Market portfolio External links:

[PDF]EQ/Money Market Portfolio – AXA Equitable

mrp.axa-equitable.com/pdf/fs__axa~dreyfus__money-market.pdf

BlackRock Government Money Market Portfolio | …

www.blackrock.com/cash/en-us/products/282860

### The New Palgrave External links:

[PDF]S. N. Durlauf and L. E. Blume, The New Palgrave …

www2.bc.edu/james-anderson/palgravetrade.pdf

[PDF]The New Palgrave – unile.it

www.dsems.unile.it/upload/sub/about the Department/Viti de Marco.pdf

The New Palgrave Dictionary of Economics Online: Articles A-Z

www.dictionaryofeconomics.com/articles_az?result_number=2631

### The Black Swan External links:

The Black Swan Hair Salon Vero Beach

www.theblackswansalon.com

The Black Swan Dress Boutique

www.theblackswandressboutique.com

The Black Swan (1942) – IMDb

www.imdb.com/title/tt0034522

### Risk-free interest rate External links:

Risk-Free Interest Rate Definition – NASDAQ.com

www.nasdaq.com/investing/glossary/r/risk-free-interest-rate

What is Risk-free Interest Rate? definition and meaning

www.investorwords.com/12292/risk_free_interest_rate.html

### Value at risk External links:

Value at risk. (Book, 2001) [WorldCat.org]

www.worldcat.org/title/value-at-risk/oclc/784986060

[1602.07599] Backtesting Lambda Value at Risk – arXiv

arxiv.org/abs/1602.07599

### Reputational risk External links:

Reputational Risk Definition | Investopedia

www.investopedia.com/terms/r/reputational-risk.asp

### Damiano Brigo External links:

Damiano Brigo (Prof.) – Home | Facebook

www.facebook.com/professorbrigo

Damiano Brigo – The Mathematics Genealogy Project

www.genealogy.math.ndsu.nodak.edu/id.php?id=80112

### Foreign exchange risk External links:

Foreign exchange risk (Book, 1976) [WorldCat.org]

www.worldcat.org/title/foreign-exchange-risk/oclc/1863507

[PDF]foreign exchange risk management – CBA

www.cbaruba.org/cba/readBlob.do?id=161

### Nassim Nicholas Taleb External links:

Real Life is Risk Taking – Nassim Nicholas Taleb – Medium

medium.com/@nntaleb/real-life-is-risk-taking-ac424efd5fcc

Nassim Nicholas Taleb – Medium

medium.com/@nntaleb

Amazon.com: Nassim Nicholas Taleb: Books, Biography, …

www.amazon.com/Nassim-Nicholas-Taleb/e/B000APVZ7W

### Financial risk External links:

What Is Financial Risk Management? | Chron.com

smallbusiness.chron.com/financial-risk-management-43326.html

Trends 2017: Financial Risk and Fraud Blog | Fiserv

www.fiserv.com/blog/the-point/trends-2017-risk-fraud-blog.aspx

Financial Risk Management – Farin

www.farin.com

### Basis risk External links:

basis risk – Insurance Glossary | IRMI.com

www.irmi.com/online/insurance-glossary/terms/b/basis-risk.aspx

Basis risk financial definition of basis risk

financial-dictionary.thefreedictionary.com/basis+risk

[PDF]Using Futures Spreads to Manage Basis Risk Cattle – …

www.cihedging.com/assets/cih/beefmargin/FutureSpread.pdf

### Systemic risk External links:

H.R.3312 – Systemic Risk Designation Improvement Act …

www.congress.gov/bill/115th-congress/house-bill/3312/text

H.R. 3312, Systemic Risk Designation Improvement Act …

www.cbo.gov/publication/53317

### Standard deviation External links:

Standard Deviation and Variance – Math Is Fun

www.mathsisfun.com/data/standard-deviation.html

208 Title Loans – What Is Standard Deviation

loansrcvc.com/208-title-loans=ud0yy

Standard Deviation Calculator

www.calculator.net/standard-deviation-calculator.html

### Risk analysis External links:

Full Monte Project Risk Analysis from Barbecana

www.barbecana.com

What is Risk Analysis? – Definition from Techopedia

www.techopedia.com/definition/16522/risk-analysis

### Fat-tailed distribution External links:

Fat-tailed distribution – Helpified

helpified.com/links/fat-tailed-distribution

Fat-tailed distribution – YouTube

www.youtube.com/watch?v=ws3nUHRKZAo

### Basel II External links:

Basel II – Investopedia

www.investopedia.com/terms/b/baselii.asp

What is Basel II? – Video | Investopedia

www.investopedia.com/video/play/what-basel-ii

What is Basel II? – Definition from WhatIs.com

whatis.techtarget.com/definition/Basel-II

### Equity risk External links:

Equity Risk Premium – Investopedia

www.investopedia.com/terms/e/equityriskpremium.asp

FDA: Estimating Equity Risk Premiums

archive.nyu.edu/handle/2451/26918

Calculating The Equity Risk Premium – Investopedia

www.investopedia.com/articles/04/020404.asp

### Sharpe ratio External links:

Sharpe Ratio – Morningstar

www.morningstar.com/InvGlossary/sharpe_ratio.aspx

Calculate the Sharpe Ratio with Excel

investexcel.net/calculating-the-sharpe-ratio-with-excel

How to Use the Sharpe Ratio – Morningstar, Inc.

news.morningstar.com/classroom2/course.asp?docId=2932&page=5

### Financial risk management External links:

Financial Risk Management – Farin

www.farin.com

What Is Financial Risk Management? | Chron.com

smallbusiness.chron.com/financial-risk-management-43326.html

### Systematic risk External links:

Systematic risk Definition – NASDAQ.com

www.nasdaq.com/investing/glossary/s/systematic-risk

Systematic risk financial definition of Systematic risk

financial-dictionary.thefreedictionary.com/Systematic+risk

CH. 12 Systematic Risk Flashcards | Quizlet

quizlet.com/88072135/ch-12-systematic-risk-flash-cards

### Historical simulation External links:

[PDF]conditional simulation historical simulation – Weather

www.crh.noaa.gov/ahps2/pdf/nonexceed.pdf

[PDF]The Hidden Dangers of Historical Simulation – The Fed

www.federalreserve.gov/pubs/feds/2001/200127/200127pap.pdf

Historical simulation in finance’s value at risk (VaR) analysis is a procedure for predicting the value at risk by ‘simulating’ or constructing the cumulative distribution function (CDF) of assets returns over time.

Reference: en.wikipedia.org/wiki/Historical_simulation_(finance)

### Risk parity External links:

Risk parity fundamentals (Book, 2016) [WorldCat.org]

www.worldcat.org/title/risk-parity-fundamentals/oclc/922920172

[PDF]The Risk Parity Parallax – Granicus

sdcera.granicus.com/MetaViewer.php?view_id=2&clip_id=517&meta_id=55559

Risk Parity – Copenhagen Business School

studenttheses.cbs.dk/handle/10417/4977

### Levy function External links:

Implement Levy function · Issue #7 · pablormier/yabox · …

github.com/pablormier/yabox/issues/7

Levy Function N. 13 – Simon Fraser University

www.sfu.ca/~ssurjano/levy13.html

### Risk-adjusted return on capital External links:

Risk-Adjusted Return On Capital – RAROC

www.investopedia.com/terms/r/raroc.asp