Lying with Statistics: How Risk Model Selection Contributed to SVB's Downfall

Apr 21, 2023 | Choice is the root of all evil in statistics. We require bankers to use a single model, which ...


Stress-Testing the Supply Chain for Risk Resiliency

Mar 31, 2023 | Disruptions to supply chains have become all too common in recent years, with far-reaching ...


A Defense of Empirical Risk Management

Feb 24, 2023 | Is risk modeling broken? Many so-called experts are now beating that drum after flaws in ...


Continuing Complications in Supply-Chain and Third-Party Risks

Feb 24, 2023 | In 2022, it became clear that effective supply chain risk management (SCRM) is not a luxury but a ...


What Do CROs Look for in a Risk Manager?

Feb 10, 2023 | You’re ready to interview for an exciting risk management position. You’ve researched the company’s ...

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The Unconventional Skills Chief Risk Officers are Now Seeking

In a world of civil unrest, geopolitical upheaval and coronavirus-driven economic shocks, risk managers with problem-solving capabilities are now in...

Friday, July 17, 2020

Model Risk Management Lessons Learned: Tracing Issues from the Pandemic to the Great Recession

Risk models have been strongly criticized for projecting high credit losses that never materialized during the pandemic, but these methodologies...

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Strategic Risk: How to Select Critical Future Scenarios

Risk modeling needs a new approach. That’s one thing that model developers, model users and senior management can all agree upon – but what, exactly,...

Friday, August 19, 2022

Lying with Statistics: How Risk Model Selection Contributed to SVB's Downfall

Just how easy is it to choose data in a model to suit the preferences of bank management? Flaws in the current model selection and model validation...

Friday, April 21, 2023



Bypassing Legal Reviews and Procedures: An Overlooked Source of Risk?

Feb 3, 2023 | Corporate legal departments have frustrations that risk management and other control functions can ...



Model Risk Management Challenges and Opportunities in a Volatile World: A Q&A with Evan Sekeris

Jan 20, 2023 | Contending with an unprecedented combination of shocks, financial risk modelers have lately had to ...


Reducing Operational Risk with Systems Engineering

Jan 13, 2023 | Costly, impactful operational risk events – ranging from fraud, money laundering and record-keeping ...


The Stagnation of Stress Testing: Causes … and Potential Solutions

Nov 18, 2022 | Next year, with a potential recession on the horizon, bank stress testing will be as vital as ever. ...

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