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 |
|---|---|---|---|
| Leveraging compliance: the looming challenges of the post-FRTB paradigm | FRTB guidelines will soon be implemented across a wide section of the global financial industry and will introduce a mountain of complexity to risk management standards and practices. Roger Coroas, head of business development, North America at ActiveViam, describes his vision for the post-FRTB paradigm |
https://www.risk.net/insight/risk-management/7956534/leveraging-compliance-the-… | |
| Why tougher liquidity rules may not reduce the risk of bank runs | EU regulator and industry experts say LCR reform is the wrong response to Credit Suisse and SVB |
https://www.risk.net/regulation/7956525/why-tougher-liquidity-rules-may-not-red… | |
| Banks find new uses for discarded FRTB models | Much-maligned IMA models are being upcycled and repurposed for internal risk management |
https://www.risk.net/risk-management/7956437/banks-find-new-uses-for-discarded-… | |
| How banks can avoid bad haircuts on hedge fund trades | HSBC quant makes case for looking at collateral and funding rates in concert |
https://www.risk.net/cutting-edge/views/7956509/how-banks-can-avoid-bad-haircut… | |
| Legacy legal costs could stretch state support for UBS | Downside protection of Sfr9 billion must cover numerous outstanding claims against Credit Suisse |
https://www.risk.net/risk-management/7956524/legacy-legal-costs-could-stretch-s… | |
| Op risk data: Wells Fargo whacked for Wachovia lapse, and a Ponzi slap | Also: Long and winding road to the end of Credit Suisse; Swedbank IT fails. Data by ORX News |
https://www.risk.net/risk-management/7956497/op-risk-data-wells-fargo-takes-its… | |
| Fed preps new white paper on cyber incident reporting | New proposals due on data capture after Fed dumps bid to use DFAST submissions |
https://www.risk.net/risk-management/7956495/fed-preps-new-white-paper-on-cyber… | |
| LCH plans for Q4 bitcoin derivatives clearing launch | CCP will run segregated default fund; does not rule out following up with ether-based contracts |
https://www.risk.net/risk-management/7956489/lch-plans-for-q4-bitcoin-derivativ… | |
| Stemming the tide of rising FX settlement risk | As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market |
https://www.risk.net/insight/markets/7956483/stemming-the-tide-of-rising-fx-set… | |
| A model for small basket equities financing | A haircut model for equity baskets based on credit and equity indexes is introduced |
https://www.risk.net/cutting-edge/7956474/a-model-for-small-basket-equities-fin… |
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