We emphasize and encourage links between academic researchers and practitioners at financial institutions to bring theoretical techniques to bear on real-world issues.

Systemic Risk

When a large, interconnected organisation fails or has a significant negative “financial event”, it can have a rippling effect in the marketplace; destabilizing economies and causing an entire industry to collapse. We label these incidents as a Systemic Risk. 

Many insights from the 2008 financial crisis identified that the consequences of an individual company-level event can be a source of systemic risk and must be examined. This causes the intervention of governments and regulators to prevent and minimize the rippling effect from impacting the economy as a whole. Systemic Risk is a recurrent and emerging risk that GRI continues to investigate and research.