Quantitative risk management

Risk management in a financial institution is crucial in order to identify, analyse and manage all the risks associated with the institution’s activities. Over the past decades risk management has become a differentiating factor among financial institutions in the institution’s ability to manage multiple risk types while preparing for new regulations and complying with current ones. Sound risk management within financial institutions not only safeguards their own profitability and safety, but also contributes to the stability of the financial industry as a whole. In this article, we would like to give a short introduction of quantitative risk management and explore some interesting research questions within this fascinating field.