What is involved in Value at Risk

Find out what the related areas are that Value at Risk 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 Value at Risk thinking-frame.

How far is your company on its Value at Risk journey?

Take this short survey to gauge your organization’s progress toward Value at Risk 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 Value at Risk related domains to cover and 179 essential critical questions to check off in that domain.

The following domains are covered:

Value at Risk, Systemic risk, Financial economics, Multivariate normal distribution, Tail conditional expectation, Legal risk, Statistical independence, Stress test, JPMorgan Chase, Equity risk, Nassim Taleb, Investment management, Distortion risk measure, Reputational risk, Risk measure, Market risk, J H M Darbyshire, Capital Adequacy Directive, Valuation risk, Financial risk modeling, Probability distribution, Basel II Accord, Risk-free interest rate, Information Technology, Financial crisis of 2007-2008, Cumulative distribution function, Black Monday, Historical simulation, U.S. Securities and Exchange Commission, Sharpe ratio, Holding period risk, Operational risk management, Measurable function, Expected return, Entropic value at risk, Consumer credit risk, Financial risk, Price area risk, The Black Swan, Frequency probability, Risk management, Rogue trader, Constructive proof, Self reference, Mathematical Reviews, Distortion function, Financial governance, Financial correlation, Operational risk, Margin at risk, Shape risk, Coherent risk measure, Random House, Modern portfolio theory, Risk return ratio, Systematic risk, Concentration risk, Expected shortfall, Satyajit Das, Intrinsic value, Foreign exchange risk, Nassim Nicholas Taleb:

Value at Risk Critical Criteria:

Closely inspect Value at Risk strategies and pay attention to the small things.

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

– Is the Value at Risk organization completing tasks effectively and efficiently?

– What is Effective Value at Risk?

Systemic risk Critical Criteria:

Experiment with Systemic risk management and integrate design thinking in Systemic risk innovation.

– 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?

– How will you measure your Value at Risk effectiveness?

Financial economics Critical Criteria:

Weigh in on Financial economics decisions and pioneer acquisition of Financial economics systems.

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

– What are the long-term Value at Risk goals?

– Who needs to know about Value at Risk ?

Multivariate normal distribution Critical Criteria:

Devise Multivariate normal distribution goals and don’t overlook the obvious.

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

– What vendors make products that address the Value at Risk needs?

– Does Value at Risk appropriately measure and monitor risk?

Tail conditional expectation Critical Criteria:

Transcribe Tail conditional expectation outcomes and report on setting up Tail conditional expectation without losing ground.

– How do mission and objectives affect the Value at Risk processes of our organization?

– How do we Improve Value at Risk service perception, and satisfaction?

Legal risk Critical Criteria:

Investigate Legal risk governance and don’t overlook the obvious.

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

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

– What tools and technologies are needed for a custom Value at Risk project?

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

Statistical independence Critical Criteria:

Learn from Statistical independence risks and find answers.

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

– Meeting the challenge: are missed Value at Risk opportunities costing us money?

– Is Value at Risk Required?

Stress test Critical Criteria:

Facilitate Stress test leadership and finalize the present value of growth of Stress test.

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

– Will Value at Risk deliverables need to be tested and, if so, by whom?

– what is our biggest challenge to stress testing?

– Why are Value at Risk skills important?

JPMorgan Chase Critical Criteria:

Guard JPMorgan Chase projects and get out your magnifying glass.

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

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

– Is the scope of Value at Risk defined?

Equity risk Critical Criteria:

Design Equity risk failures and know what your objective is.

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

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

– How can the value of Value at Risk be defined?

Nassim Taleb Critical Criteria:

Think carefully about Nassim Taleb governance and look for lots of ideas.

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

– Do we have past Value at Risk Successes?

Investment management Critical Criteria:

Adapt Investment management planning and diversify disclosure of information – dealing with confidential Investment management information.

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

– Does Value at Risk analysis isolate the fundamental causes of problems?

Distortion risk measure Critical Criteria:

Powwow over Distortion risk measure risks and interpret which customers can’t participate in Distortion risk measure because they lack skills.

– Who sets the Value at Risk standards?

Reputational risk Critical Criteria:

Apply Reputational risk failures and figure out ways to motivate other Reputational risk users.

– What are the barriers to increased Value at Risk production?

– How can we improve Value at Risk?

– How much does Value at Risk help?

Risk measure Critical Criteria:

Illustrate Risk measure visions and point out Risk measure tensions in leadership.

– Does Value at Risk 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?

– Should supervisors be engaged deeply with risk measurements and Risk Management?

– What potential environmental factors impact the Value at Risk effort?

Market risk Critical Criteria:

Investigate Market risk projects and research ways can we become the Market risk company that would put us out of business.

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

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

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

– Are assumptions made in Value at Risk stated explicitly?

J H M Darbyshire Critical Criteria:

Review J H M Darbyshire decisions and display thorough understanding of the J H M Darbyshire process.

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

Capital Adequacy Directive Critical Criteria:

Familiarize yourself with Capital Adequacy Directive visions and gather practices for scaling Capital Adequacy Directive.

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

– Do we all define Value at Risk in the same way?

Valuation risk Critical Criteria:

Co-operate on Valuation risk planning and don’t overlook the obvious.

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

– What are the Essentials of Internal Value at Risk Management?

Financial risk modeling Critical Criteria:

Boost Financial risk modeling visions and report on the economics of relationships managing Financial risk modeling and constraints.

– What are the key elements of your Value at Risk performance improvement system, including your evaluation, organizational learning, and innovation processes?

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

Probability distribution Critical Criteria:

Have a session on Probability distribution planning and gather Probability distribution models .

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

– Who will provide the final approval of Value at Risk deliverables?

Basel II Accord Critical Criteria:

Adapt Basel II Accord governance and optimize Basel II Accord leadership as a key to advancement.

– How do we ensure that implementations of Value at Risk products are done in a way that ensures safety?

– Are there Value at Risk problems defined?

Risk-free interest rate Critical Criteria:

Categorize Risk-free interest rate strategies and find answers.

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

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

Information Technology Critical Criteria:

Think carefully about Information Technology governance and devote time assessing Information Technology and its risk.

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

– Do the response plans address damage assessment, site restoration, payroll, Human Resources, information technology, and administrative support?

– Does your company have defined information technology risk performance metrics that are monitored and reported to management on a regular basis?

– If a survey was done with asking organizations; Is there a line between your information technology department and your information security department?

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

– How does new information technology come to be applied and diffused among firms?

– The difference between data/information and information technology (it)?

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

– When do you ask for help from Information Technology (IT)?

Financial crisis of 2007-2008 Critical Criteria:

Judge Financial crisis of 2007-2008 decisions and track iterative Financial crisis of 2007-2008 results.

– Will new equipment/products be required to facilitate Value at Risk delivery for example is new software needed?

Cumulative distribution function Critical Criteria:

Probe Cumulative distribution function results and point out Cumulative distribution function tensions in leadership.

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

Black Monday Critical Criteria:

Examine Black Monday governance and correct Black Monday management by competencies.

– Think about the people you identified for your Value at Risk project and the project responsibilities you would assign to them. what kind of training do you think they would need to perform these responsibilities effectively?

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

Historical simulation Critical Criteria:

Add value to Historical simulation issues and report on the economics of relationships managing Historical simulation and constraints.

– Do we cover the five essential competencies-Communication, Collaboration,Innovation, Adaptability, and Leadership that improve an organizations ability to leverage the new Value at Risk in a volatile global economy?

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

U.S. Securities and Exchange Commission Critical Criteria:

Contribute to U.S. Securities and Exchange Commission tactics and attract U.S. Securities and Exchange Commission skills.

– What management system can we use to leverage the Value at Risk experience, ideas, and concerns of the people closest to the work to be done?

– Do the Value at Risk decisions we make today help people and the planet tomorrow?

– How do we measure improved Value at Risk service perception, and satisfaction?

Sharpe ratio Critical Criteria:

Judge Sharpe ratio decisions and raise human resource and employment practices for Sharpe ratio.

– Which Value at Risk goals are the most important?

Holding period risk Critical Criteria:

Investigate Holding period risk tactics and acquire concise Holding period risk education.

– Does Value at Risk analysis show the relationships among important Value at Risk factors?

– How to deal with Value at Risk Changes?

Operational risk management Critical Criteria:

Investigate Operational risk management tactics and figure out ways to motivate other Operational risk management users.

– What new services of functionality will be implemented next with Value at Risk ?

– Are accountability and ownership for Value at Risk clearly defined?

Measurable function Critical Criteria:

Look at Measurable function quality and drive action.

– Do those selected for the Value at Risk team have a good general understanding of what Value at Risk is all about?

– Have you identified your Value at Risk key performance indicators?

Expected return Critical Criteria:

Examine Expected return tasks and question.

– What are your current levels and trends in key measures or indicators of Value at Risk 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?

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

Entropic value at risk Critical Criteria:

Paraphrase Entropic value at risk results and handle a jump-start course to Entropic value at risk.

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

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

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

Consumer credit risk Critical Criteria:

Collaborate on Consumer credit risk outcomes and ask what if.

– What are your most important goals for the strategic Value at Risk objectives?

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

Financial risk Critical Criteria:

Differentiate Financial risk visions and arbitrate Financial risk techniques that enhance teamwork and productivity.

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

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

– What are our Value at Risk Processes?

Price area risk Critical Criteria:

Reconstruct Price area risk goals and oversee implementation of Price area risk.

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

– What is our formula for success in Value at Risk ?

The Black Swan Critical Criteria:

Closely inspect The Black Swan visions and stake your claim.

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

– Have all basic functions of Value at Risk been defined?

Frequency probability Critical Criteria:

See the value of Frequency probability results and reinforce and communicate particularly sensitive Frequency probability decisions.

– What is the source of the strategies for Value at Risk strengthening and reform?

Risk management Critical Criteria:

Powwow over Risk management tactics and finalize the present value of growth of Risk management.

– Has management conducted a comprehensive evaluation of the entirety of enterprise Risk Management at least once every three years or sooner if a major strategy or management change occurs, a program is added or deleted, changes in economic or political conditions exist, or changes in operations or methods of processing information have occurred?

– Do we support the certified Cybersecurity professional and cyber-informed operations and engineering professionals with advanced problem-solving tools, communities of practice, canonical knowledge bases, and other performance support tools?

– Do regular face-to-face meetings occur with risk champions or other employees from a range of functions and entity units with responsibility for aspects of enterprise Risk Management?

– What is the potential impact on the organization if the Risk assessed information is disclosed to unauthorized personnel?

– Does the process include a BIA, risk assessments, Risk Management, and risk monitoring and testing?

– Are the risk register and Risk Management processes actually effective in managing project risk?

– Is our organization doing any form of outreach or education on Cybersecurity Risk Management?

– Organizational context: what are our organizations objectives, structure and operations?

– Do you have a baseline configuration of IT/ICS that is used and regularly maintained?

– What are the security information requirements of Cybersecurity stakeholders?

– What is our approach to Risk Management in the specific area of social media?

– How important is the information to the user organizations mission?

– Do all systems need to be patched with the same level of priority?

– What if vulnerability existed on millions of systems?

– What can be done to reduce or eliminate risks?

– How do we implement planned risk mitigation?

– Which rules appear frequently? Which are anomalies?

– When should risk be managed?

Rogue trader Critical Criteria:

Concentrate on Rogue trader quality and find answers.

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

Constructive proof Critical Criteria:

Canvass Constructive proof quality and pioneer acquisition of Constructive proof systems.

Self reference Critical Criteria:

Unify Self reference outcomes and budget the knowledge transfer for any interested in Self reference.

– Record-keeping requirements flow from the records needed as inputs, outputs, controls and for transformation of a Value at Risk process. ask yourself: are the records needed as inputs to the Value at Risk process available?

– What about Value at Risk Analysis of results?

Mathematical Reviews Critical Criteria:

Model after Mathematical Reviews failures and tour deciding if Mathematical Reviews progress is made.

Distortion function Critical Criteria:

Brainstorm over Distortion function planning and separate what are the business goals Distortion function is aiming to achieve.

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

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

Financial governance Critical Criteria:

Apply Financial governance results and be persistent.

– How do we keep improving Value at Risk?

Financial correlation Critical Criteria:

Infer Financial correlation engagements and stake your claim.

– How do your measurements capture actionable Value at Risk information for use in exceeding your customers expectations and securing your customers engagement?

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

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

Operational risk Critical Criteria:

Reason over Operational risk strategies and integrate design thinking in Operational risk innovation.

– Think about the kind of project structure that would be appropriate for your Value at Risk project. should it be formal and complex, or can it be less formal and relatively simple?

– What business benefits will Value at Risk goals deliver if achieved?

– How is the value delivered by Value at Risk being measured?

Margin at risk Critical Criteria:

Ventilate your thoughts about Margin at risk issues and work towards be a leading Margin at risk expert.

– What will drive Value at Risk change?

Shape risk Critical Criteria:

Adapt Shape risk engagements and report on the economics of relationships managing Shape risk and constraints.

– What will be the consequences to the business (financial, reputation etc) if Value at Risk does not go ahead or fails to deliver the objectives?

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

– How would one define Value at Risk leadership?

Coherent risk measure Critical Criteria:

Disseminate Coherent risk measure projects and customize techniques for implementing Coherent risk measure controls.

Random House Critical Criteria:

Depict Random House goals and oversee Random House management by competencies.

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

Modern portfolio theory Critical Criteria:

Map Modern portfolio theory adoptions and maintain Modern portfolio theory for success.

– Is a Value at Risk Team Work effort in place?

Risk return ratio Critical Criteria:

Own Risk return ratio outcomes and budget the knowledge transfer for any interested in Risk return ratio.

– How do we Lead with Value at Risk in Mind?

Systematic risk Critical Criteria:

Chart Systematic risk goals and use obstacles to break out of ruts.

– What are the usability implications of Value at Risk actions?

Concentration risk Critical Criteria:

Disseminate Concentration risk outcomes and suggest using storytelling to create more compelling Concentration risk projects.

– Is there any existing Value at Risk governance structure?

– Does the Value at Risk task fit the clients priorities?

– What are current Value at Risk Paradigms?

Expected shortfall Critical Criteria:

Extrapolate Expected shortfall results and find the essential reading for Expected shortfall researchers.

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

Satyajit Das Critical Criteria:

Conceptualize Satyajit Das tasks and devote time assessing Satyajit Das and its risk.

Intrinsic value Critical Criteria:

Unify Intrinsic value governance and diversify disclosure of information – dealing with confidential Intrinsic value information.

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

– What is our Value at Risk Strategy?

Foreign exchange risk Critical Criteria:

Think about Foreign exchange risk planning and remodel and develop an effective Foreign exchange risk strategy.

– Are there Value at Risk Models?

Nassim Nicholas Taleb Critical Criteria:

Have a session on Nassim Nicholas Taleb strategies and shift your focus.

Conclusion:

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

https://store.theartofservice.com/Value-at-Risk-The-Definitive-Handbook/

Author: Gerard Blokdijk

CEO at The Art of Service | http://theartofservice.com

gerard.blokdijk@theartofservice.com

https://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:

Value at Risk External links:

[1602.07599] Backtesting Lambda Value at Risk – arXiv
https://arxiv.org/abs/1602.07599

An Introduction To Value at Risk (VAR) – Investopedia
https://www.investopedia.com/articles/04/092904.asp

Value At Risk – VaR – Investopedia
http://investopedia.com/terms/v/var.asp

Systemic risk External links:

Systemic Risk Definition | Investopedia
https://www.investopedia.com/terms/s/systemic-risk.asp

[PDF]Banking Organization Systemic Risk Report—FR Y-15
https://www.federalreserve.gov/reportforms/forms/FR_Y-1520151231_f.pdf

H.R.3312 – Systemic Risk Designation Improvement Act …
https://www.congress.gov/bill/115th-congress/house-bill/3312/text

Financial economics External links:

Financial economics (eBook, 2012) [WorldCat.org]
http://www.worldcat.org/title/financial-economics/oclc/795315410

Review of Financial Economics – Journal – Elsevier
https://www.journals.elsevier.com/review-of-financial-economics

What is FINANCIAL ECONOMICS? definition of …
https://thelawdictionary.org/financial-economics

Multivariate normal distribution External links:

[PDF]Multivariate Normal Distribution – The Hebrew …
http://www.cs.huji.ac.il/~csip/tirgul34.pdf

4.3 – Exponent of Multivariate Normal Distribution | STAT 505
https://onlinecourses.science.psu.edu/stat505/node/34

[PDF]3 Random vectors and multivariate normal distribution
http://www.stat.ncsu.edu/people/davidian/courses/st732/notes/chap3.pdf

Tail conditional expectation External links:

[PDF]Tail Conditional Expectation for the Multivariate …
https://rd.springer.com/content/pdf/10.1007/s11009-009-9131-9.pdf

[PDF]Using Tail Conditional Expectation for capital …
http://pascal.iseg.utl.pt/~alfredo/ftp/papers/tailvar.pdf

Awesome Bookcase Design. Tail Conditional Expectation …
https://www.pinterest.com/pin/315814992591980017

Legal risk External links:

Legal risk
http://Basel II classified Legal risk as a subset of Operational Risk in 2003. There is no standard definition, but there are at least two primary/secondary definition sets in circulation.

Legal Risk Placement | The Adoption Exchange
https://www.adoptex.org/legal-risk-placements

Legal Risk Management Specialized Studies Program
https://ce.uci.edu/areas/business_mgmt/legal_risk

Stress test External links:

Depression Anxiety and Stress Test – Official Site
https://www.depression-anxiety-stress-test.org

What Is A Nuclear Stress Test? – ABC News
http://abcnews.go.com/health/heartdiseasescreening/story?id=4222350

Lexiscan Nuclear Stress Test Information – Drugs.com
https://www.drugs.com/lexiscan.html

JPMorgan Chase External links:

JPMorgan Chase Bank Routing Numbers – US Bank Locations
http://www.usbanklocations.com/jpmorgan-chase-bank-routing-number.shtml

Commercial Banking | JPMorgan Chase
https://commercial.jpmorganchase.com

JPMorgan Chase Bank Locations
http://www.usbanklocations.com/jpmorgan-chase-bank-locations.htm

Equity risk External links:

Equity Risk Premiums (ERP): Determinants, Estimation …
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2947861

Equity Risk Partners | Who We Are
http://www.equityrisk.com/about

Equity Risk Premium – Investopedia
https://www.investopedia.com/terms/e/equityriskpremium.asp

Investment management External links:

Ivy Investments | Investment Management Company
https://www.ivyinvestments.com

First Eagle Investment Management
https://www.feim.com

SEC.gov | Investment Management
https://www.sec.gov/investment

Distortion risk measure External links:

[PDF]Distortion Risk Measure or the Transformation of …
https://link.springer.com/content/pdf/10.1007/978-3-319-07524-2_2.pdf

Reputational risk External links:

Reputational Risk Toolkit – ue.org
https://www.ue.org/reputational-risk-toolkit

Child labour fuels fear of reputational risk – ft.com
https://www.ft.com/content/89c9f066-d073-11e7-9dbb-291a884dd8c6

Risk measure External links:

Risk Measure vs. Risk Metric
https://www.value-at-risk.net/risk-measures

Market risk External links:

[PDF]SENSITIVITY TO MARKET RISK
https://www.fdic.gov/regulations/safety/manual/section7-1.pdf

Market Risk Management Courses & Resources | RMA
http://www.rmahq.org/market-risk

Market Risk – Definition and Other Information
http://hedgefund-index.com/d_marketrisk.asp

Capital Adequacy Directive External links:

Capital Adequacy Directive – WOW.com
http://www.wow.com/wiki/Capital_Adequacy_Directive

Capital Adequacy Directive definitions – Defined Term
https://definedterm.com/capital_adequacy_directive

Financial risk modeling External links:

Statistics.com – Financial Risk Modeling
https://www.statistics.com/financial-risk-modeling

[PDF]FINANCIAL RISK MODELING, CALCULATION OF …
http://execed.robinson.gsu.edu/files/2013/10/RM_Brochure.pdf

Probability distribution External links:

Probability Distribution – Statistics and Probability
http://stattrek.com/probability-distributions/probability-distribution.aspx

Fit probability distribution object to data – MATLAB fitdist
https://www.mathworks.com/help/stats/fitdist.html

Probability Distribution in Statistics – ThoughtCo
https://www.thoughtco.com/probability-distribution-3126569

Basel II Accord External links:

Basel II Accord Requirements: Risk Management & …
http://baselcompliance.net/basel-ii-pillars.htm

Basel II Accord To Guard Against Financial Shocks
https://www.investopedia.com/articles/07/basel2.asp

Basel II Accord | Basel Ii | Capital Requirement
https://www.scribd.com/document/16509180/Basel-II-Accord

Risk-free interest rate External links:

Risk-Free Interest Rate Definition – NASDAQ.com
http://www.nasdaq.com/investing/glossary/r/risk-free-interest-rate

What is Risk-free Interest Rate? definition and meaning
http://www.investorwords.com/12292/risk_free_interest_rate.html

Information Technology External links:

Umail | University Information Technology Services
https://umail.iu.edu

Rebelmail | UNLV Office of Information Technology (OIT)
https://rebelmail.unlv.edu

OHIO: Office of Information Technology |About Email
http://www.ohio.edu/oit/email

Cumulative distribution function External links:

[PDF]The Cumulative Distribution Function for a Random …
http://www.math.wustl.edu/~freiwald/Math132/cdf.pdf

Cumulative Distribution Function – Probability – YouTube
https://www.youtube.com/watch?v=bGS19PxlGC4

Black Monday External links:

Cramer Remix: Why Oct. 20, 1987, was worse than Black Monday
https://finance.yahoo.com/news/cramer-remix-why-oct-20-230017578.html

Historical simulation External links:

Filtered Historical Simulation Platform(FHS)
http://filteredhistoricalsimulation.com/fhs-platform.html

THE WOULD-BE GENTLEMAN: A Historical Simulation of …
https://eric.ed.gov/?id=EJ369522

[PDF]The Hidden Dangers of Historical Simulation – The Fed
https://www.federalreserve.gov/pubs/feds/2001/200127/200127pap.pdf

U.S. Securities and Exchange Commission External links:

U.S. Securities and Exchange Commission Careers – …
https://www.facebook.com/SECJobs

[PDF]FORM D U.S. Securities and Exchange Commission …
https://www.sec.gov/files/formd.pdf

Sharpe ratio External links:

How to Use the Sharpe Ratio – Morningstar, Inc.
http://news.morningstar.com/classroom2/course.asp?docId=2932&page=5

Sharpe Ratio | Investopedia
https://www.investopedia.com/terms/s/sharperatio.asp

Sharpe Ratio Definition | Investopedia
http://www.investopedia.com/terms/s/sharperatio.asp

Holding period risk External links:

Holding period risk – WOW.com
http://www.wow.com/wiki/Holding_period_risk

Holding period risk – Revolvy
https://topics.revolvy.com/topic/Holding period risk

Holding Period Risk definitions – Defined Term
https://definedterm.com/holding_period_risk

Operational risk management External links:

Operational Risk Management Training & Resources | …
https://www.rmahq.org/operational-risk

[PDF]OPERATIONAL RISK MANAGEMENT …
https://www.capmembers.com/media/cms/13_AIF_ORM_INST_647D4060B6335.pdf

[PDF]OPERATIONAL RISK MANAGEMENT
https://media.defense.gov/2017/Mar/07/2001708302/-1/-1/0/CI_3500_3.PDF

Measurable function External links:

Borel measurable function | Article about Borel …
https://encyclopedia2.thefreedictionary.com/Borel+measurable+function

Expected return External links:

Expected Return Worksheet – Morningstar
http://www.morningstar.com/finance/ExpectedReturn.aspx

Expected Return financial definition of Expected Return
https://financial-dictionary.thefreedictionary.com/Expected+Return

Expected Return – Investopedia
http://investopedia.com/terms/e/expectedreturn.asp

Entropic value at risk External links:

Entropic value at risk – WOW.com
http://www.wow.com/wiki/Entropic_value_at_risk

Consumer credit risk External links:

[PDF]Consumer Credit Risk Models via Machine-Learning …
http://mitsloan.mit.edu/media/Lo_ConsumerCreditRiskModels.pdf

Financial risk External links:

Differences Between Business Risk & Financial Risk | Chron.…
http://smallbusiness.chron.com/differences-between-business-risk-financial-risk-100.html

Trends 2017: Financial Risk and Fraud Blog | Fiserv
https://www.fiserv.com/blog/the-point/trends-2017-risk-fraud-blog.aspx

Financial Risk Manager (FRM) | GARP
https://www.garp.org/#!/frm

Price area risk External links:

Price area risk – topics.revolvy.com
https://topics.revolvy.com/topic/Price area risk&item_type=topic

The Black Swan External links:

The Black Swan (1942) – IMDb
http://www.imdb.com/title/tt0034522

The Black Swan Dress Boutique
https://www.theblackswandressboutique.com

Frequency probability External links:

4 1 3 Relative Frequency Probability – YouTube
https://www.youtube.com/watch?v=bT1viyi_1io

Risk management External links:

Risk Management – ue.org
https://www.ue.org/risk-management

20 Best Title:(risk Management Manager) jobs (Hiring …
https://www.simplyhired.com/search?q=title:(risk+management+manager)

Education Risk Management | Edu Risk Solutions
https://www.edurisksolutions.org

Rogue trader External links:

Title Rogue Trader – RPGnet RPG Game Index
https://index.rpg.net/display-entry.phtml?mainid=13348

Rogue Trader (1999) – IMDb
http://www.imdb.com/title/tt0131566

Rogue Trader (1999) – Full Cast & Crew – IMDb
http://www.imdb.com/title/tt0131566/fullcredits

Constructive proof External links:

A Constructive Proof for FLP – Archive of Formal Proofs
https://www.isa-afp.org/entries/FLP.html

[0810.4812] A constructive proof of the Lovasz Local Lemma
https://arxiv.org/abs/0810.4812

Constructive proof – Conservapedia
http://www.conservapedia.com/Constructive_proof

Mathematical Reviews External links:

Mathematical Reviews – AbeBooks
https://www.abebooks.com/book-search/title/mathematical-reviews

Guide for Reviewers–Mathematical Reviews
http://msc2010.org/MSC2010-CD/extras/guide-reviewers.html

Mathematical Reviews, American Mathematical Society
https://www.mathjobs.org/jobs/jobs/10667

Distortion function External links:

[PDF]Model DS360 Ultra Low Distortion Function Generator
http://www.thinksrs.com/downloads/PDFs/Manuals/DS360m.pdf

Low Distortion Function Generator – DS360
http://www.thinksrs.com/products/DS360.htm

Financial governance External links:

Good financial governance – Startseite
https://www.giz.de/en/worldwide/19422.html

Financial governance – Good Governance Guide
http://www.goodgovernance.org.au/financial-governance/

Financial correlation External links:

FCT – Financial Correlation Table | AcronymAttic
https://www.acronymattic.com/Financial-Correlation-Table-(FCT).html

Financial Correlation Modeling Bottom up approaches – …
https://www.youtube.com/watch?v=M0rm1p1gahA

[PDF]Noise Dressing of Financial Correlation Matrices – MIT
http://web.mit.edu/18.325/www/rmt_finance2.pdf

Operational risk External links:

Operational Risk Management
http://www.netc.navy.mil/sobt/web/orm.html

Operational Risk Management Training & Resources | …
https://www.rmahq.org/operational-risk

ABA Certificate in Operational Risk Management
https://www.aba.com/Training/DC/Pages/ormcertificate.aspx

Margin at risk External links:

Margin at risk – Revolvy
https://update.revolvy.com/topic/Margin at risk

Tender Detail for GROSS MARGIN AT RISK (GMAR)
https://www.tendersonline.com.au/TenderDetails.aspx?uid=416846

Shape risk External links:

[PDF]How luck and fortune shape risk-taking behaviors
http://scholarcommons.usf.edu/cgi/viewcontent.cgi?article=6759&context=etd

Coherent risk measure External links:

3. VAR, ES, coherent risk measure (1) – YouTube
https://www.youtube.com/watch?v=EtpkpN7ESTU

Efficient hedging with coherent risk measure – …
https://www.sciencedirect.com/science/article/pii/S0022247X04000800

Coherent Risk Measure Homework Help
https://myhomeworkhelp.com/coherent-risk-measure-homework-help

Random House External links:

Random House Academic – Official Site
https://www.randomhouseacademic.com

Random House | Junie B. Jones | Games | Junie B.’s Closet
http://juniebjones.com/games/junie-b-closet

Penguin Random House Careers – PRH UK Careers Website
https://www.penguinrandomhousecareers.co.uk

Modern portfolio theory External links:

Modern Portfolio Theory – MPT
https://www.investopedia.com/terms/m/modernportfoliotheory.asp

Modern portfolio theory (Book, 1995) [WorldCat.org]
http://www.worldcat.org/title/modern-portfolio-theory/oclc/31328365

Modern Portfolio Theory – 5180 Words | Bartleby
https://www.bartleby.com/essay/Modern-Portfolio-Theory-P3FQ5SSX7KUEY

Risk return ratio External links:

Risk Return Ratio Flashcards | Quizlet
https://quizlet.com/27286119/risk-return-ratio-flash-cards

Systematic risk External links:

Systematic risk Definition – NASDAQ.com
http://www.nasdaq.com/investing/glossary/s/systematic-risk

Concentration risk External links:

Correspondent Concentration Risk | My Banker’s Bank
https://www.mybankersbank.com/correspondent-concentration-risk

Concentrate on Concentration Risk | FINRA.org
http://www.finra.org/investors/concentrate-concentration-risk

[PDF]Managing Equity- Concentration Risk
https://www.privatebank.citibank.com/doc/conc_equity_risk.pdf

Expected shortfall External links:

Expected shortfall story – MSCI
https://www.msci.com/expected-shortfall-story

Risk Budgeting Using Expected Shortfall (CVaR) by …
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1150929

FRM: Expected Shortfall (ES) – YouTube
https://www.youtube.com/watch?v=eHGJFOjyzr4

Satyajit Das External links:

Articles By Satyajit Das – The Daily Reckoning
https://dailyreckoning.com/author/sdas

Satyajit Das | The Independent
http://www.independent.co.uk/author/satyajit-das

Articles by Satyajit Das – Bloomberg View
https://www.bloomberg.com/view/contributors/AB4uKx7pDC4/satyajit-das

Intrinsic value External links:

Warren Buffett Intrinsic Value Formula (?) – Moneychimp
http://www.moneychimp.com/articles/valuation/buffett_calc.htm

What Is Intrinsic Value? — The Motley Fool
https://www.fool.com/knowledge-center/intrinsic-value.aspx

NINLX Neuberger Berman Intrinsic Value Instl Fund …
http://www.morningstar.com/funds/XNAS/NINLX/quote.html

Foreign exchange risk External links:

Foreign exchange risk (Book, 1976) [WorldCat.org]
http://www.worldcat.org/title/foreign-exchange-risk/oclc/1863507

Nassim Nicholas Taleb External links:

Nassim Nicholas Taleb – Home | Facebook
https://www.facebook.com/nntaleb

The Black Swan Quotes by Nassim Nicholas Taleb
https://www.goodreads.com/work/quotes/2157806

Nassim Nicholas Taleb – Medium
https://medium.com/@nntaleb