ISO to IBM
I can see these two acronyms becoming synonymous with each other at an application level when it comes to risk assessment and evaluation. Let me elaborate further, just for a moment. There are two trends in risk management today which are quite exciting to be tangled up in. The first is how the planet is taking to the ISO 31000 risk management standard and a good thing might I add. I truly believe the world is potentially a better place when the people within it go about what
Oil at 130 in twelve months
Ecstrat Emad Mostaque's call is that oil prices are heading for the highs of seven years ago and that the Brent forward curve will flip from Backwardation into Contango. His basis is that capital investment into untapped crude reserves over the last couple of years has been far less than required to shore up a stable supply chain of the commodity. High prices in this case will be driven from the supply side rather than the demand side of the market. Bloomberg Interview | Link
Rise of regional banking in Asia
An interesting research study on the rise of regional banking in Asia has recently been published by the Bank for International Settlements. If you are part of the corporate Asian banking community, this is an interesting read and worth taking a look at. The Rise of Regional Banking in Asia Pacific Bank for International Settlements [LINK] Firstly, if anyone says to me that Asian banks didn't suffer substantial outcomes from the Global Financial Crisis, they are mistaken. Int
Scrapping Op Risk Modelling
Overall I am a fan of Risk.Net and I find their articles, as well as their publications not only interesting but relatively comprehensive, definitely leading when it comes to news in the risk management domain. I like it. After seeing the article titled “Basel Committee Faces hard choices in op risk modelling reform” a while back, it didn’t really surprise me. This does reflect where operational risk practices have kind of ended up after all these years of struggle. All this
