Publications

Global Risk Institute is a preeminent source of ideas on the management of emerging risks and trends for financial services organizations

Publication Library


White Paper

Climate Change Tops Risk Correlation Ranking

Climate change is a broad and diverse trend that poses a significant challenge for Financial Institutions (FIs) to address. This paper deploys one approach to weighing and prioritizing these risks, The Global Risks and Trends Framework (GRAFT), to examples of climate change, extreme weather events and natural disaster risk correlations and suggests ways for FIs to address them.

Research Brief

FINANCIAL INNOVATION SERIES – Sentiment Analysis and Natural Language Processing in Finance

This report discusses the implementation challenges of Natural Language Processing (NLP) and Sentiment Analysis for financial institutions. NLP is being applied by financial institutions across a number of different areas of interest: climate change, asset management, geopolitics, economic policy, monetary policy & cyber risk. This report also touches upon existing practices and dealing with challenges that currently face the financial services sector.

Research Brief

Trade Update 2020

Trade disputes can increase market volatility while dragging down foreign direct investment and cross-border lending. New trade barriers can increase credit risk for lenders. When considering potential impact on compliance, returns and aggregate enterprise risk, risk managers should keep five major trade developments of the past year top of mind and continue to monitor their trajectories in 2020.

Research Brief

Power Shifts: 2019 in Review, 2020 U.S. Election Outlook

Political transitions can increase country risk and disrupt investment, lending, and insurance, while directional swings in public policy, international relations and/or social attitudes impact market sentiment and shape real business environments. We provide an overview of major upcoming developments.

Article

Climate Risk and Sustainable Finance – Outlook for 2020

Recognition of the risks and opportunities associated with climate change reached new peaks across financial markets in 2019. But where to from here? From big picture global forces right down to expected milestones in the Canadian financial sector, here are five big trends that will shape the climate risk and sustainable finance space in 2020

White Paper

2019-2020 Risk Outlook Survey

This marks the fourth year we have conducted the Risk Outlook Survey. The results provide key insight into risks to the Canadian financial system, views on Canada's financial stability & global economies.

Article

Artificial Intelligence/Machine Learning: The CRO’s Agenda

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?

Opinion

Debrief for Canadian Financial Institutions on COP25 Outcomes

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

Research Brief

What Keeps Bank Board Directors Awake at Night

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.