It has been a while since the Causal Capital team has published a white paper, but due to popular request, we are going to start writing these wonderful pieces of work again. All faring well, we will be publishing a White Paper each month and today we are happy to release our White Paper on Risk Aggregation.
Monday, August 27, 2018
Thursday, August 23, 2018
There is a very sobering thought about risk management capability and its dependency on information technology units in banks that goes along the following lines: If your data, model and reporting systems are lacking, so will your response to risk management. It's that simple or perhaps not as we shall see with BCBS 239 regulations.
Monday, July 16, 2018
When we hear risk managers say there are five ways to treat risk (accept it, transfer it, reduce it, increase it, avoid it), we have to accept they aren't being especially creative with their solutions when potentially there is an unlimited number of risk treatment strategies available to them. All they have to do is just broaden their minds.
Sunday, June 10, 2018
Ever heard someone say they are a great multitasker or they can work on an infinite number of new activities and never drop the ball? As it turns out, that may not be true. In a new research paper published by a team of scientists, the number of items we can hold in working memory at any one time has more limits than what we believe.
Thursday, April 12, 2018
I was having a discussion with a risk analyst only the other day about which industry sector does it best from a risk management perspective, be it Banking or Oil and Gas, Health, Aviation and so on.
Monday, April 9, 2018
Dear Causal Capital, we have been reading the ISO 31010 guideline on a Markov Matrix in section B.24 of the risk assessment techniques guideline and the concept is a touch abstract to understand. Do you have an example on where this risk analysis technique can be used to improve decision making in the business, something that goes beyond just Risk Assessment from a Risk Management perspective.
Okay, in this short blog we'll take a quick look.
Thursday, March 15, 2018
Thursday, February 22, 2018
In our first article on Next Gen Enterprise Risk Management [LINK] we talked about a prevailing trend for managers to move beyond the esoteric ERM practices used to gather data across a company TO the importance of aligning Risk Management initiatives with the actual fabric of the business. In this article, we will explore in part how Risk Management can be connected to the Finance Department.
Tuesday, February 13, 2018
Monday, February 5, 2018
Not all controls are designed equal, not all risks are equal that we know to be a potential truism, but the deviation between these two places nearly always leaves some organisations exposed.
Monday, January 22, 2018
In our previous blog on the outstanding attributes of a solid Risk Manager [LINK], a few practitioners have asked me various questions about Causal Capital’s 'Grid of Permissibility', and so I thought it prudent to delve into a couple of slides in more detail.
Thursday, January 18, 2018
Working with the London School of Business and Finance, and a set of MBA students on risk management. The topic of interest today is "The scope of a risk manager" (in a bank) and what it takes to make a good risk manager.
It's a nice change from the technically heavy presentations we can wade through at times, and I look forward to any commentary on this blog, as per usual.
Saturday, December 16, 2017
It is a tragic end to the year for risk management in banking where the regulator's fascination with Risk Comparability and Risk Framework Uniformity has reduced banking risk management solutions to nothing more than Risk = BCI x ILM.
Wednesday, November 1, 2017
Looking back in time is something I recommend risk managers should do from time to time and this week drove me to do just that. In this short blog posting, we are going to take a peep at why and how it is essential for risk managers to see how well they are truly doing and that comes from looking back, it’s more healthy than you may believe, especially if you are honest with yourself.
Sunday, October 29, 2017
Tuesday, September 19, 2017
The Velocity of Risk is a novel risk measure some Enterprise Risk Managers have started to toy around with and in this article, we explore its application and a method for modelling it.
A presentation that walks through what Velocity of Risk is and where it can be applied is attached to this blog.
Wednesday, September 13, 2017
Causal Capital often partners with various risk management solution providers across the planet and tomorrow we are pleased to announce that we will be part of a cohort Risk Management debate hosted by Metricstream [LINK], feel free to pop down to the event and say hi. We have also developed a small presentation on Risk Appetite that will influence our discussion and this document can be accessed from the blog below, please do take a look.
Friday, September 8, 2017
Issued in August and with one month to comment, the Bank for International Settlements has recently released Sound Practices for Implications of Fintech developments on banks and by extension, the supervisors of those banks are captured in this practice brief as well.
Monday, August 14, 2017
From a recent discussion on LinkedIn, the following question was put forward: "What are some of the roles a risk manager should play at the public market / equity investment fund?".
In this short article, we'll take a look at the charter of a risk manager, and why not? Actually, let's quickly take a peep at the top risk management position in any firm, the Chief Risk Officer.
Tuesday, June 27, 2017
Over the years we have written numerous blogs that share in-depth presentations on different risk modelling methods and in the coming months ahead, Causal Capital is going to increase the number of these technically natured risk management articles.
Today we are going to focus on Decision-Trees from the ISO 31010 Risk Assessment standard, and if you are interested in downloading the presentation associated with this posting, please do continue reading.