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 |
|---|---|---|---|
| Esma still wants more tools to tackle clearing crises | Even after Emir 3 draft, the EU regulator would like more powers over both foreign and domestic CCPs |
https://www.risk.net/regulation/7956190/esma-still-wants-more-tools-to-tackle-c… | |
| Top 10 operational risks for 2023 | The biggest op risks for the year ahead, as chosen by senior industry practitioners |
https://www.risk.net/risk-management/7956128/top-10-operational-risks-for-2023 | |
| OK regulator? How AI became respectable for AML controls | Dutch court case pressures supervisors to accept new tech; explainability the key challenge |
https://www.risk.net/risk-management/7956140/ok-regulator-how-ai-became-respect… | |
| Top 10 op risks 2023: regulatory risk jumps sharply | Cyber and third-party risks also rise, along with concerns around data management and execution errors |
https://www.risk.net/risk-management/7956157/top-10-op-risks-2023-regulatory-ri… | |
| Incorporating climate risk into ALM frameworks for banks | Banks are coming under increasing regulatory pressure to incorporate climate risk into their risk management frameworks. An emerging focus is incorporating climate risk into the asset-liability management (ALM) function. This webinar explores this new role of Treasury and ALM in modelling financial climate risks. |
https://www.risk.net/risk-management/asset-liability-management/7956244/incorpo… | |
| The impact of rising interest rates on risk models and balance sheet management | In this podcast, ALM and treasury experts discuss how global rate hikes are triggering changes to balance sheet management, behavioural modelling and hedging |
https://www.risk.net/insight/energy-and-commodities/7956154/the-impact-of-risin… | |
| Why risk managers don’t trust the EU’s new IRRBB test | And why there may never be a perfect way of assessing the risks of changes in net interest income |
https://www.risk.net/risk-management/7955803/why-risk-managers-dont-trust-the-e… | |
| Why risk managers don’t trust the EU’s new IRRBB test … | … and why they think there may never be a perfect way of assessing the risks posed by changes in NII |
https://www.risk.net/risk-management/7955803/why-risk-managers-dont-trust-the-e… | |
| Ion in the fire: three banks call in lawyers after hack | Banks are examining service-level agreements for possible breaches |
https://www.risk.net/risk-management/7956092/ion-in-the-fire-three-banks-call-i… | |
| Trading with the momentum transformer: an interpretable deep learning architecture | An attention-based deep learning model for trading is presented |
https://www.risk.net/cutting-edge/7956074/trading-with-the-momentum-transformer… |
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