Open Risk Academy

We are happy to publish the first installment of a trilogy that focuses on the risk factors that can turn any credit portfolio toxic.

The first topic is default correlation, a topic that is both core to understanding credit risk and much misunderstood.

Enjoy!

As part of the public beta testing programme, two new Open Risk Academy courses are accessible absolutely free (and with no strings attached :-).

The courses are introductions to measuring credit name or sector concentrations in credit portfolios. They cover the following topics:

• The concept of credit name or sector concentration - what it is and how it can be measured
• The regulatory context and how the issue is covered by requirements and regulatory guidance
• The measurement of credit name or sector concentrations using basic indicators and indexes
• The measurement of credit name or sector concentrations using more advanced (risk based) indicators

The courses run from Oct 7th till Oct 13th. Read more about prerequisites for the courses here:

A CrashCourse (short course) introducing the Open Risk Academy for first time users is now available here. Please try it out!

Building out further the Open Risk Academy curriculum around Credit Risk Concentration management, we just added a course on sector concentration.

Alpha testing did not reveal any fatal problems with the website or the Open Risk Academy website. Many thanks to Odysseus for painstakingly testing everything!

As of this weekend login details were sent to select volunteers with a mission to further test drive Open Risk. This limited beta testing will be ongoing for the duration of May.

We just added a new course at the Open Risk Academy!

The course covers name concentration risk measurement, chiefly the construction of suitable metrics based on portfolio data (Free registration is required for this course).

For more details see the course page.