Updated course at the Open Risk Academy that goes over basic and advanced uses of the Open Risk Manual. While primary use is still via laptop/desktop browsers, a mobile version is now installable on android.
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#openriskacademy
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#elearning
https://www.openriskacademy.com/course/view.php?id=54
https://www.openriskmanual.org/wiki/Main_Page
https://play.google.com/store/apps/details?id=org.openriskmanual.www.twa
"When a measure becomes a target, it ceases to be a good measure" (Goodhart’s Law, alternatively: "Any observed statistical regularity will tend to collapse once pressure is placed upon it for control purposes")
Inevitably #xkcd asks whether there is a metric to identify vulnerable metrics 🙂
#OpenSource Core Banking is the provision of a range of basic (core) banking services using Open Source Financial Software and / or based on open standards and API's.
While there is no formal definition of what constitutes core banking, core banking functions typically include payments, current accounts, deposits and loans
https://www.openriskmanual.org/wiki/Open_Source_Core_Banking
Articles about Concepts and Methods of the US Input-Output Accounts (K.J.Horowitz, M.A.Planting, 2009)
Open Risk Academy Course DAT31071
* Brief Description: This course is a DeepDive into using the Eigen C++ Library to perform Tensor calculations.
* Course Link: https://www.openriskacademy.com/course/view.php?id=71
* Github Link: https://github.com/Open-Risk-Academy/Academy-Course-DAT31071
The "Four Eyes Principle" (sometimes also termed the "two-person rule") is a widely used internal control mechanism that requires that any activity by an individual within the organization that involves a material risk profile must be controlled (reviewed, double checked etc.) by a second individual that is independent and competent.
The principle generalizes in requiring separate reviews by independent teams.
Open Risk