The Global Financial Complexity Index – Measuring the World’s “Financial Temperature”
The World’s stock markets form a complex highly interdependent and dynamic network which embraces the entire global economy. This systemContinue Reading
Tag: advanced analytics
Complexity-Based Estimation of Drug Toxicity
As the patents on many drugs, which have been launched in the 1990s, will soon expire, the pharmaceutical industry findsContinue Reading
Measuring the Complexity of Sounds and Music
Have you ever wondered how complex a sound is? Our brain is fairly good at recognizing sounds or pieces ofContinue Reading
Systemic Resilience Analysis: Supercomputers Provide New Tools for Regulators, Investors and Governments
In a world dominated by turbulence and interdependency, fragility and complexity are the main new factors which are impactingContinue Reading
Financial Stability Board – Moving Away From CRA Ratings
It its may 12-th, 2014 final Peer Review Report (download) the Financial Stability Board speaks of “reducing Reliance on CRAContinue Reading
A Bank is Only as Healthy as Its Clients. High-Frequency Rating of Bank-Client Transactions
In a turbulent and globalized economy, the focus is no longer on growth but on stability. The stability of aContinue Reading
Probability of Default Versus the Principle of Incompatibility
In circumstances characterized by high turbulence and interdependency: it is impossible to make predictions – in fact, even the currentContinue Reading
Risk = Probability X Consequences. Really?
(image from http://www.impactlab.net) Probably the most frequently used definition of risk is this one: Risk = the Probability ofContinue Reading
On the Complexity of Dynamics and the Dynamics of Complexity
When talking of derivatives and other sophisticated financial products, people often say that they are complex, that they have complexContinue Reading
Beyond Risk Management. What Are The Alternatives?
When facing large doses of uncertainty risk model-based methods of managing uncertainty don’t work. One thing is to manage anContinue Reading
Artificial Intuition 