Learn about model risk, its causes, management strategies, and real-world examples from financial industry pitfalls. Unlock ...

Risk.net’s 2026 study sees record participation and collective unease, as banks race to incorporate AI into op risk ...

Climate models have evolved from research tools to underpin decision-making across the globe. To provide optimal value for society in the future, the models need to ...

Atkar: Not necessarily on operational risk. For instance, the recent Basel paper on the treatment of insurance to mitigate operational risks proposes arguably a more complicated approach than ...

The gap between AI and traditional risk modelling is substantial. Traditional models often fall short when dealing with complex, non-linear relationships. In contrast, AI models thrive in detecting ...

This article was written by Antonios Lazanas, Head of Portfolio and Index Research at Bloomberg. Modern risk modelling is not just about monitoring risk. Sure, the specialists who manage risk are ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

The ability to understand and control risk allows organizations to be more confident in their business decisions. The culture of risk analysis is characterized by the alignment of risk management with ...