What is Risk
Risk is something that every business has to take to move forward.
However, with most businesses taking some type of risk every single day, it needs to be asked what risk exactly is.
Supply Chain Risk Categories
Supply Risks
"Supply risks pertain to risk events on the supply side that include supplier defaults or other unexpected changes in supply cost, delivery, quality or reliability." 4, p. 23
Process Risks
Risks within a companies own Supply Chain and the Processes within this Supply Chain 4, pp.24ff
Control Risks
Misapplicatoin of rules controlling supply chain processes e.g. order quantities. 18, pp.10-11
Demand Risks
The uncertainty of Product Demand is universal challenge for all companies in all fields of business. 4, pp.26ff
Natural Risks
Risks arising from uncontrollable natural events, e.g. earthquakes or weather-related disaster. 18, pp.11-13; 20, p.5
IT Risks
Especially in a highly digitized business environment, an IT system failure anywhere can cause a failure everywhere. 20, p.5; 21, p.56
Risk News
| Titel | Beschreibung | Quelle | Veröffentlicht |
|---|---|---|---|
| FCMs brace for ‘tough winter’ of energy market disruption | Banks stress-test clients, add big margin multipliers to insulate against risk of 100% price moves |
https://www.risk.net/risk-management/7952531/fcms-brace-for-tough-winter-of-ene… | |
| Banks may spend ‘billions’ to stop quantum hacking threat | Quantum-proof algo standards nearing completion, but enhanced cryptography won’t come cheap |
https://www.risk.net/risk-management/7952386/banks-may-spend-billions-to-stop-q… | |
| Covid chaos spurs on search for model risk aggregation | Many models failed in pandemic, but analysing them in clusters easier than whole-bank view |
https://www.risk.net/risk-management/7951676/covid-chaos-spurs-on-search-for-mo… | |
| Boosting the ESG exposure of a low‑risk portfolio | Nikolay Radev, senior quantitative researcher at FactSet, discusses the limitations of previous environmental, social and governance (ESG) measurement, and proposes a new approach to optimising ESG exposure in minimum tail-risk (MTR) portfolio construction |
https://www.risk.net/market-access/esg/7951941/boosting-the-esg-exposure-of-a-l… | |
| Growing use of ‘carte blanche’ keeps FCMs ‘awake at night’ | Executing brokers want to speed up trade processing, but practice is deemed risky by clearers |
https://www.risk.net/risk-management/7951901/growing-use-of-carte-blanche-keeps… | |
| Why FRTB model test loves volatility, but hates hedges | Crucial P&L test for internal models easier to pass if price swings are large, or desks poorly hedged |
https://www.risk.net/regulation/7951421/why-frtb-backtesting-loves-volatility-b… | |
| Op risk data: SEC says no to Charles Schwab robo-adviser | Also: China steps up scrutiny of wealth management products; Libor fines still rumble on. Data by ORX News |
https://www.risk.net/comment/7951626/op-risk-data-sec-says-no-to-charles-schwab… | |
| Concentration risk add-ons too low at Ice and ECC, says regulator | Results of European stress test suggest shortfall of collateral for large commodities positions is equivalent to 17% of total required margin |
https://www.risk.net/risk-management/7951436/concentration-risk-add-ons-too-low… | |
| The final stretch: outstanding issues in non-linear RFR derivatives | https://www.risk.net/market-access/risk-management/7951461/the-final-stretch-ou… | ||
| As crypto collapses, a major lender quadruples borrowing costs | Brokers warn crypto market faces a reckoning with wrong-way risk as lenders rush to tighten terms |
https://www.risk.net/risk-management/7951251/as-crypto-collapses-a-major-lender… |
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