Global Risk Institute is a preeminent source of ideas on the management of emerging risks and trends for financial services organizations
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 | National Pension Hub Publications
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.
2 August 2017 | Climate Change and Environmental Risks
Throughout his campaign for the U.S. presidency, Donald Trump expressed skepticism about climate change and promised to repeal Obama-era climate policies. On June 1, 2017, President Trump made good on one of his biggest climate-policy promises by announcing that the United States would withdraw from the Paris Agreement. This paper discusses the impacts of this decision.