Paul Sweeting - ERM - An Overview

Introduction to ERM
- what is ERM
- why manage risk
- stages of ERM
- risk frameworks
 
Financial Institutions
- descriptions of financial institutions (banks, insurers, pension schemes)
- views of risk (stakeholders' relationships with institutions)

Aggregation and ERM
- the importance of aggregation
- the concept of copulas
- Gaussian and t copulas
- Archimedean copulas

Some case studies
- financial ERM failures
- lessons from non-financial failures

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