Avoid oversimplifying risk analysis

A single-characteristic risk classification system is flawed. Neil Cantle and Oliver Gillespie describe an alternative way of classifying risks according to their multiple underlying characteristics.


Keeping it Simple

"Agent-based models" have been used successfully to replicate complex behaviours with very simple rules. Neil Cantle examines the implications for financial modelling.


Make proper allowances for risk interactions

Individual risks like volatility aren't the problem, argues Milliman's Neil Cantle. The way they combine is.


Financial and risk modelling software moves into "qualitative" areas

Our guide to 18 systems from 14 vendors shows a wide range of approaches. All of them have features relevant to compliance with Solvency II and some are prepared for pillar II and III requirements.