Quant models overthrow traditional risk management: embrace or perish?
RISK-ACADEMY Blog
by Alex Sidorenko
7h ago
In my last job as a Head of operational risk and insurance, I needed a team of 3 quants to build risk models to support decisions, quantify expected losses and ..read more
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Help unlock the power of uncertainty: Why I think Excel needs probabilistic calculations
RISK-ACADEMY Blog
by Alex Sidorenko
1M ago
Whether we like it or not, Excel spreadsheets are the backbone of countless businesses and organizations. They drive projections, inform decisions, and model all sorts of processes. But there’s a ..read more
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Tucker Carlson failed risk management 101
RISK-ACADEMY Blog
by Alex Sidorenko
1M ago
I recently tried watching Lex Fridman podcast with Tucker Carlson on Putin, Navalny, Trump, CIA, NSA, War, Politics & Freedom. I am not sure whether Tucker is IYI, corrupt or ..read more
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How quantitative risk analysis can transform insurance buying and other business decisions
RISK-ACADEMY Blog
by Alex Sidorenko
2M ago
Alex Sidorenko, group head of risk, insurance and internal audit at Serra Verde Group, shares why technological advances mean that every CRO can tackle quantitative risk analysis to improve threat management ..read more
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The future of risk management: the power of SIPs and chancification
RISK-ACADEMY Blog
by Alex Sidorenko
2M ago
What was the last risk management innovation that you remember? 5×5 heatmap instead of 3×3? Just kidding. Risk management has been pretty stagnant in the last 30 years… that is ..read more
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Raising brave decision-makers: 7 key principles to teach your kids About Risk
RISK-ACADEMY Blog
by Alex Sidorenko
3M ago
In my world, predictability and certainty are myths. Challenging assumptions, no matter how fundamental, is my life motto. But how do I explain this to other people and, most importantly ..read more
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What does risk manager do?
RISK-ACADEMY Blog
by Alex Sidorenko
4M ago
They are responsible for designing, coordinating and implementing methodologies that integrate quantitative risk analysis into the core decisions and processes of the organization. A risk manager’s primary responsibility is to ..read more
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Risk managers dilemma – what do you do when the parent company or shareholders are RM1?
RISK-ACADEMY Blog
by Alex Sidorenko
4M ago
One of my LinkedIn followers asked the question: I’m fully onboard with a quantitative approach and RM2 principles. However, our parent company insists on RM1, especially using Likelihood (1-5 score ..read more
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Why risk awareness and risk-based thinking are essential for decision-makers
RISK-ACADEMY Blog
by Alex Sidorenko
6M ago
If there’s one thing that the pace of modern business has taught us, it’s that the unexpected should be expected. From market shifts to sudden changes in technology or regulations ..read more
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Wrapping up #RAW2023: if you missed this amazing event, you can still watch replays and ask speaker questions
RISK-ACADEMY Blog
by Alex Sidorenko
6M ago
As we close the chapter on another successful Risk Awareness Week, it’s time to reflect on the event’s impact and share some key takeaways. This year, we’ve set new records and ..read more
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