by Regitze Ladekarl, FRM | Oct 14, 2024 | Risk Report
It is second nature to me, both as a risk manager and a parent, to focus on the worst-case scenario first. That makes for an, shall we say, interesting size of my amygdala*. What I am dancing around is that there was some good news that almost slipped by unnoticed, so...
by Jonathan Leonardelli, FRM | Oct 10, 2024 | Model Development
This blog series explores the 10 steps of the Model Development Lifecycle (MDLC) so that you understand the components of model development and maintenance as well as where potential sources of model risk can reside. Read the first post here for an introduction to the...
by Regitze Ladekarl, FRM | Oct 7, 2024 | Risk Report
My heart and thoughts go out to everyone affected by Hurricane Helene. As the human mind works, this hits extra hard because North Carolina is home to FRG and many friends and colleagues. We are only just beginning to see the extent of the damage, not in the least...
by Jonathan Leonardelli, FRM | Oct 3, 2024 | Model Development
This blog series explores the 10 steps of the Model Development Lifecycle so that you understand the components of model development and maintenance as well as where potential sources of model risk can reside. Read the first post here for an introduction to the series...
by Regitze Ladekarl, FRM | Sep 30, 2024 | Risk Report
As we have mentioned before, the global economy is comprised by more countries than the United States of America and while those other countries are keeping a close eye on what’s going on stateside—either for direction or counterpoint—they are also having their own...
by Jonathan Leonardelli, FRM | Sep 26, 2024 | Model Development
This blog series explores the stages of the Model Development Lifecycle so that you understand the components of model development and maintenance as well as where potential sources of model risk can reside. Read the first post here for an introduction to the series...
by Regitze Ladekarl, FRM | Sep 23, 2024 | Risk Report
The Fed cut its target rates this week. It was long-awaited and bigger than expected, both literally and symbolically. In number terms, the rates were lowered half a percentage point. In meaning terms, the rate cut was a turning point into the rarely visited Soft...
by Jonathan Leonardelli, FRM | Sep 19, 2024 | Model Development
This blog series explores the stages of the Model Development Lifecycle (MDLC) so that you understand the components of model development and maintenance as well as where potential sources of model risk can reside. Read the first post here for an introduction to the...
by Regitze Ladekarl, FRM | Sep 16, 2024 | Risk Report
A good and true apology* is hard to come by. This week, however, Team Regulator gave it a try. We have reported on the US proposals for the Basel III endgame and the G-SIB surcharge many times before so here’s an ultra-short recap: Summer 2023: Team Regulator proposes...
by Regitze Ladekarl, FRM | Sep 9, 2024 | Risk Report
WSJ recently posed the following math problem: If an office building in Springfield has lost 60% of its value over the past 3 years, and it has a dry cleaner named Dylan’s (after the owner’s nephew) on the ground floor, and the third-floor co-working space has an...
