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 |
|---|---|---|---|
| Managing a high-inflation environment with clearing | Recent geopolitical events, macroeconomic forces and market disruptions have created significant challenges for the investment community. LCH explores how clearing can help market participants manage inflation. |
https://www.risk.net/investing/markets/7956659/managing-a-high-inflation-enviro… | |
| Basel climate guidance leaves op risk managers in the dark | Banks still unclear on how to fit climate events into existing capital framework |
https://www.risk.net/risk-management/7956661/basel-climate-guidance-leaves-op-r… | |
| BME in talks with global banks over euro swaps clearing | SIX Group's Spanish CCP wants to establish itself as an alternative venue for onshore clearing by 2025 |
https://www.risk.net/derivatives/7956652/bme-in-talks-with-global-banks-over-eu… | |
| Ice and LCH declare victory as CDS migration nears end | Ice retains lion’s share of positions at shuttered European CDS service, but LCH gets more clients |
https://www.risk.net/risk-management/7956646/ice-and-lch-declare-victory-as-cds… | |
| Action time on FRTB: is your bank ready for the data challenge? | FRTB has been a long time coming and some have wondered if the new rules for market risk capital would ever see the light of day |
https://www.risk.net/risk-management/7956629/action-time-on-frtb-is-your-bank-r… | |
| Incorporating climate risk into ALM frameworks at banks | In this webinar convened by Risk.net in collaboration with SS&C Algorithmics, experts discuss the challenges and benefits of incorporating climate risk into asset-liability management frameworks at banks |
https://www.risk.net/risk-management/asset-liability-management/7956620/incorpo… | |
| In a downturn, mitigation beats litigation every time | Economic shocks increase op risks for banks, but institutions can take steps to limit the danger |
https://www.risk.net/comment/7956546/in-a-downturn-mitigation-beats-litigation-… | |
| Liquidity modellers clash on assuming central bank support | Experts disagree on whether internal stress tests should include emergency facilities |
https://www.risk.net/risk-management/7956601/liquidity-modellers-clash-on-assum… | |
| Bank runs prompt rethink of IRRBB deposit models | ALM managers are looking for ways to separate the impact of rate hikes from idiosyncratic risks |
https://www.risk.net/risk-management/7956580/bank-runs-prompt-rethink-of-irrbb-… | |
| FRTB implementation: Spotlight 2023 | The Fundamental Review of the Trading Book (FRTB) introduces significant technical and operational challenges for banks on the path to compliance. |
https://www.risk.net/risk-management/7956576/frtb-implementation-spotlight-2023 |
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