Global Risk Institute is a preeminent source of ideas on the management of emerging risks and trends for financial services organizations
19 December 2019 | Technology Innovations
Around the world, there is a steady increase in people searching for "Artificial Intelligence" and "Machine Learning" on the internet. With this increase in public interest, what is important for CROs and financial executives to understand from this?
18 December 2019 | National Pension Hub Publications
This paper will focus on what we consider to be "the other longevity risk", namely the influence of population aging on portfolio returns and the related effect on pension plan finances.
18 December 2019 | Climate Risk and Sustainable Finance
Debrief for Canadian Financial Institutions on COP25 Outcomes Alyson Slater and Sara AghakazemJourabbaf, Global Risk Institute Global leaders concluded their annual negotiations on climate change over the past weekend, where carbon markets and more ambitious national emission reduction plans were key agenda issues. The Global Risk Institute in Financial Services has put together a quick... View Article
27 November 2019 | Risk Management Practices
Chief Risk Officers are constantly asked this question. However, it's not just CRO's or their executive management teams, that should have trouble sleeping. With an ever-increasing focus on governance, board of directors must focus on risks, traditional and emerging, that could impact the health and stability of their organizations.
27 November 2019 | Risk Management Practices
Even the most casual observer will notice that newspaper headlines continue to be fueled by a steady stream of corporate scandals, malfeasance, and other assorted conduct and risk management “missteps”. A commonly recurring theme in much of the ensuing narrative and analysis is that these events are often directly attributable to some form of material “failure of (risk) culture”. In this paper, we explore a working definition of a “strong risk culture” as a guide to identify key management practices and conditions that can often play a critical role in shaping an organization’s risk culture.
13 November 2019 | Climate Risk and Sustainable Finance
In our latest publication, we review the current practices that financial institutions are employing, globally, to comply with the recommendations developed by the Task Force on Climate-related Financial Disclosure (TCFD). We call for continued actions by the financial sector, governments, and standard-setting organizations and highlight six key areas of improvement to accelerate climate action and reporting.
13 November 2019 | Climate Risk and Sustainable Finance
We develop a top-down strategic pathway towards green investing and show that eco-investing should not be a puzzle or a sacrifice if investors consider the unknown impact of climate change on different asset classes.
13 November 2019 | Climate Risk and Sustainable Finance
Robert Engle, statistician, winner of the 2003 Nobel Memorial Prize in Economic Sciences, and his team of researchers, undertook a project, in collaboration with GRI, to use the tools of modern finance and risk management to measure and model environmental risk. They have contributed significantly to the bourgeoning literature that studies how climate change affects asset markets and, in turn, how asset markets may affect the dynamics of climate change.
13 November 2019 | Climate Risk and Sustainable Finance
Assessing the hazard and exposure of dams in the U.S. This report provides visibility as to the types of risks that could emerge and is an important read for investors, asset managers and insurance providers analyzing portfolio level risk.
3 October 2019 | Cyber security and Fraud
The 'quantum race' is on and the race course and timeline are partially unknown. The creation of a scalable, fault-tolerant quantum computer that poses a significant risk to cyber security may be closer than we think. Although quantum attacks are not here yet, critical decisions need to be made today in order to respond to these threats in the future.
