Global Risk Institute is a preeminent source of ideas on the management of emerging risks and trends for financial services organizations
31 January 2018 | Risk Management Practices
This year marks 2nd years GRI has conducted their Risk Outlook Survey to assess the risk outlook of our member organizations for the coming year. The results of this survey provide insights into our members’ views on key risks, the stability of the Canadian financial system, and the strength of major global economies.
22 January 2018 | Macro-economic Risk
The persistence of prolonged periods of low interest rates in developed economies such as Canada, the UK and the US has generated a lot of interest in its impact on asset allocation decisions of institutional investors.
19 January 2018 | Risk Management Practices
In many organizations, across many industries, the most vital opportunities to drive growth, as well as the most pressing risks, start with people.
6 December 2017 | Risk Management Practices
GRAFT – The Global Risks and Trends Framework – is a new and innovative approach designed to help organizations identify, assess and respond to global risks and trends in order to avoid pitfalls that could threaten an organization’s long-term survival. This Government Case study provides the process, implementation, and outputs of GRAFT.
8 November 2017 | Cyber security and Fraud
This report, “A Resource Estimation Framework for Quantum Attacks Against Cryptographic Functions” provides our next update on our ongoing work related to estimating the real-world effort it will take for a quantum computer to compromise specific cryptographic functions at the foundation of protecting our ICT infrastructure.
1 November 2017 | Pension Industry
At the 2017 Annual Summit, the Global Risk Institute (GRI) announced the creation of a National Pension Hub (NPH) that will serve as Canada’s centre for pension thought leadership and research.
16 October 2017 | Risk Management Practices
GRAFT – The Global Risks and Trends Framework – a new and innovative approach designed to help organizations identify, assess and respond to global risks and trends in order to avoid pitfalls that could threaten an organization’s long-term survival, or conversely to leverage for the benefit of the organization.
2 October 2017 | Climate Change and Environmental Risks
Confronting Deep and Persistent Climate Uncertainty Authors: Gernot Wagner and Richard J. Zeckhauser Abstract Deep-seated, persistent uncertainty is a pernicious feature of climate change. One key parameter, equilibrium climate sensitivity, has eluded almost all attempts to pin down more precisely than a ‘likely’ range that has stalled at 1.5–4.5°C for over thirty-five years. The marginal... View Article
7 September 2017 | Financial Stability and Regulatory Compliance
At the GRI we expect the transition to IFRS 9 to present challenges to the various stakeholders. There is a clear need for education and discussion across the financial services industry as we approach the implementation date this November. In this paper we focus on the implications of IFRS 9 going forward, particularly as Canadian banks are required to “go live” in November.
6 September 2017 | Financial Stability and Regulatory Compliance
This paper develops a framework to analyze the consequences of alternative designs for interbank networks, in which a failure of one bank may lead to others.