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 |
|---|---|---|---|
| Looming US Basel endgame redraft sparks calls to save IRB | Experts say 20 years of data makes credit risk models more appropriate than standardised approach |
https://www.risk.net/regulation/7961046/looming-us-basel-endgame-redraft-sparks… | |
| Cool heads must guide financial regulation of climate risk | Supervisors can’t simply rely on ‘magical thinking’ of market discipline, says Sergio Scandizzo |
https://www.risk.net/regulation/7961070/cool-heads-must-guide-financial-regulat… | |
| Op risk data: Two Sigma pays the price for model mess | Also: KuCoin’s AML fail, Angola bribes bite Trafigura, and Trump’s green scepticism. Data by ORX News |
https://www.risk.net/comment/7961076/op-risk-data-two-sigma-pays-the-price-for-… | |
| ‘More questions than answers’ in race to build repo plumbing | Complexity could slow the development of necessary matching and credit-checking tools for US Treasury trades |
https://www.risk.net/risk-management/7961075/more-questions-than-answers-in-rac… | |
| How Citi moved GenAI from firm-wide ban to internal roll-out | Bank adopted three specific inward-facing use cases with a unified framework behind them |
https://www.risk.net/risk-management/7960686/how-citi-moved-genai-from-firm-wid… | |
| Margin standards are here – and clearing firms aren’t happy | Clearing members complain that latest transparency proposals would force them to act as middlemen by providing margin simulation tools for clients |
https://www.risk.net/risk-management/7961048/margin-standards-are-here-and-clea… | |
| Riding the storm: banking in the era of climate risk | https://www.risk.net/insight/climate/7961050/riding-the-storm-banking-in-the-er… | ||
| Buffer stop: Eurex clearing members shunt default fund | Clearing house’s CRO says both members and clients opt to pay more margin instead |
https://www.risk.net/risk-management/7961042/buffer-stop-eurex-clearing-members… | |
| How a serverless risk engine transformed a digital bank | Migrating to the cloud permitted scalability, faster model updates and a better team structure |
https://www.risk.net/comment/7961030/how-a-serverless-risk-engine-transformed-a… | |
| During Trump turbulence, value-at-risk may go pop | Trading risk models have been trained in quiet markets, and volatility is now looming |
https://www.risk.net/risk-management/7961000/during-trump-turbulence-value-at-r… |
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