Introducing the Open Risk Dashboard

Introducing the Open Risk Dashboard

April 2016

Apr 2016©2016, OpenRisk. All Rights Reserved

Background

• Who is OpenRisk?

– Trading company under Dutch law

– Philippos Papadopoulos, Founder and Director

– Supported by European Union Startup Accelerator (FIWARE Finodex)

• What is OpenRisk about?

– We aim to produce a step change in the availability, quality and affordability of risk management tools

• How?

– Utilizing open source, open data, standards, collaborative platforms and e-learning


In financial services this is not a time for Business As Usual

“The headwinds facing the financial industry after the financial crisis have been relentless and show no sign of abating”

BCBS239

Fintech

Business Models

Negative rates

Legacy


Yet there are opportunities!

Open Standards

“The financial industry is seriously lagging other sectors in extracting the benefits from extremely fertile new paradigms”

Open API's


Our vision is built around three pillars: Tools, Training, Community

Cutting edge risk management Tools, using Open Data, transparently implemented as Open Source

Inspiring, effective and widely available risk management Training, using the best interactive eLearning tools

An Open Community of knowledge sharing which sets the standard for high quality risk management

“The objective is to put risk managers center stage, empower them to reach the next stage of maturity of the profession”

RiskCommunity

RiskTools

RiskTraining

People


Introducing the Open Risk Dashboard

We are very proud to deliver our first release of the Dashboard

Forms the center piece of our value proposition

A novel, flexible, architecture for the delivery and use of risk models

Comes with compliance, future-proofing and cost-effectiveness built-in


An easy to use, fully web based solution


Based on a new paradigm for linking risk data and models


Utilizing industrial strength big data components


Three powerful “quick wins”

1. Acquire and process non-proprietary data (market and open economic data) to obtain useful risk metrics and interactive visualizations



2. Combine external data with portfolio data for multi-period stress testing and risk capital calculations



3. Keep track of semantic model meta-data for unprecedented ability to keep track and manage model risk


Thanks for the attention!

Get in touch now for a trial account!

© Copyright 2016, OpenRisk. All rights reserved.

All information contained herein is protected by copyright law and none of such information may be copied or otherwise reproduced, repackaged, further transmitted, transferred, disseminated, redistributed or resold, or stored for subsequent use for any such purpose, in whole or in part, in any form or manner or by any means whatsoever, by any person without OpenRisk’s prior written consent.

No warranty, express or implied, as to the accuracy, timeliness, completeness, merchantability or fitness for any particular purpose of any analysis or other opinion or information is given or made by OpenRisk in any form or manner whatsoever.

https://www.openrisk.eu/openrisk/open-risk-dashboard-account-request/

Economy & Finance

Introducing the Open Risk Dashboard