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About the Open Risk Manual

The Open Risk Manual is an open online repository of information about risk management in all its forms. The Manual is developed and maintained by Open Risk. Our objective is to create a comprehensive, detailed, authoritative collection of risk management resources that are easily accessible by anybody, anywhere - well, network access is currently required! You can read more about the Open Risk Manual concept here.

Help us test the Android app version of the Open Risk Manual

As part of our plan to make the Open Risk Manual as widely accessible and usable as possible, we are deploying and Android app version. If you are interestested in this functionality you can try out the app during the open testing period.

You can join the testing via a web link or directly at the Google Play app store.

Open Risk Manual Android App

Get Involved!

• You can provide short anonymous feedback on any page by clicking on the "Help improve this page" box at the end of every page.
• Questions? Check the Frequently Asked Questions for answers to common issues.
• Join the community at the Open Risk Commons
• Alternatively you can also post and discuss pages in our Reddit Channel or our mastodon Open Risk Fediverse Account

Latest Updates

• SDMX (New Category)
• Sustainability Risk (New Category)
• Dates And Times (Reorganized Category)
• Uncertainty (Expanded Category)
• FM SFLP Template (Update for 2023 Schema Changes)
• Environmental Input-Output Database (Update and New Dedicated DB pages)
• Energy Risk (New Category)
• Goodhart’s Law (Updated)
• Kraljic Model (New Entry)

Open Risk Academy Courses

Follow up with more in-depth exploration of topics at the Open Risk Academy. The following is the catalog of available courses (open and free - self registration required).

Financial Literacy	Sustainable Finance
Money Glossary and The Money Puzzle	Input-Output Model Interactivities Introduction to Input-Output Models using Python The Climate Dictionary Quiz Input-Output Model Mathematics
General Courses	Risk Modeling using Python
Introduction to the Open Risk Manual Getting Started with the Open Risk Academy Academy CrashProgram Demo Getting Started with Open Source	Processing Mortgage Data Using Awk and Pandas - Part 2, Performing Book Processing Mortgage Data Using Awk and Pandas - Part 1, Static Data Analysis of Credit Migration using Python TransitionMatrix Loan Level Templates Using Python Managing Loan Portfolio Data Using MongoDB
Risk Management	Credit Concentration Courses
Risk Management Crosswords! Periodic Table of Risk Elements Shortest Possible Course on Risk Management Risk Management Questions and Answers	Introduction to Credit Concentration CrashProgram: Credit Contagion Measuring Name Concentrations Measuring Sector Concentrations
General Data Science	Banking Regulation
Class Inheritance in Data Science Overview of Python Semantic Web tools Introduction to GeoJSON Visualization of Timeseries Data Exploratory Risk Data Analysis using Pandas, Seaborn and Statsmodels An Introduction to the Copernicus Satellite Data Ecosystem Tensor Calculations with the Eigen C++ Library Working with large matrices using Command Line Tools	Introduction to the EBA NPL Templates Introduction to Risk Data Review Basel on Credit Concentration Risk Credit Concentration in the UK Pillar II EU Financial Regulations Quiz

Featured Categories

The tables below organize some of the currently available risk manual articles in a convenient set of categories. Keep in mind that an article can appear in several categories (and there are many more categories than those in the tables). Would you like to recommend a new category? Use the feedback button at the bottom of the page!

Sustainability

These categories focus on new developments such as new markets, new products or emerging risks linked to the sustainability transition

European Finance	Climate-Related Risk	Sustainable Finance
Open Source	Open Data	Supply Chain Finance

Credit Portfolio Management

The Credit Portfolio Management category covers all things credit. From the assessment of credit risk, the functioning and setup of firms granting credit to the relevant regulation and accounting standards.

Credit Portfolio Management	Credit Scoring	IFRS 9 and CECL
Credit Networks	EBA Templates	Securitisation
ESMA Templates	Interest Rate Risk	ALM
Credit Origination	Credit Risk	FIBO Taxonomy

Information Technology and Quantitative Tools

IT and Quantitative tools are indispensable in risk management and this collection of articles aims to make it easy to review the state-of-the-art in each area

Quantitative Risk Management	Quantitative Tools	Model Risk
		Fintech

General Risk Management and Regulation

General topics that touch all aspects of risk management

Risk Management	Regulation	Market Risk
Business Risk	Operational Risk	How To's
X versus Y	Historical Events	Glossaries
Risk Management Jobs

White Papers

Latest

• Tensor Representations of ActivityPub Networks
• Integrated energy accounting using relational databases
• Federated Credit Systems: Part 2
• Deep Linking Financial and Energy Accounting
• Sustainable Portfolio Management: Attribution and Allocation of Greenhouse Gas Emissions
• Concentration, diversity, inequality and sparsity in economic networks
• Federated Credit Systems: Part 1
• Economic Networks as Property Graphs

Archive

Open Risk White Papers

Blog Posts

• Representing Matrices as JSON Objects: Part 2 - Sparse Matrices
• Towards a Faceted Taxonomy of Financial Services
• Connecting the Dots, Tensor Representations of Activitypub Networks
• Mathematical Representations of Credit Portfolio Data
• Two New Taxonomies Introduced in the Open Risk Manual
• Input Output Models as Graph Networks
• Exploring 10 years of FOSDEM talks
• Representing Matrices as JSON objects - Part 1

Further Open Risk Resources

Open Risk Data	Open Risk Surveys
Fintech Risk Event Data Model Databreach Event Data Model List of Financial Regulators Launch of Service About Open Risk Data	Awesome Sustainable Finance Open Source Mobile Finance Apps (New List) External Credit Assessment Institution (Update Feb 21) Covid-19 Pandemic Risk Events Fintech Risk Events SME Credit Risk Literature Non-Performing Loan Valuation
Risk Management Ontologies	Open Source Tools
Overview DOAM (0.4.2) CRO NPL RFO	Solstice 0.5 (First public release) Equinox 0.5 (City Procurement) Equinox (Earth Day 2022) Release 0.4 openNPL Release 0.5.0 portfolioAnalytics Release 0.4.0 correlationMatrix Release 0.2.0 concentrationMetrics Release 0.6.0 transitionMatrix Release 0.5.0
Open Risk Dashboard	Open Risk Blog Posts
RegNews Feed Update RegDB Explorer Update Global Mobility Index New index / visualization Mobility Data 0.2 Google Mobility Data Stats and Visualization Policy Data 0.1 Covid-19 Policy Data (Reworked)

Offline Functionality

We are rolling out a new feature that aims to support offline availability of some of the Open Risk Manual content. The approach is to generate PDF files from a selection of entries. First examples are available from the

• Data Privacy,
• GHG Protocol and
• Cyber Risk categories.

The collection of such "pdf books" is also be available on a dedicated github repository. NB: The present collection is experimental and limited in both scope and presentation.

Graphical Browsers

Besides searching for articles by keyword, the Open Risk Manual offers a number of options to browse using visual category trees

• Browse by Risk Type, as classified according to a Risk Taxonomy
• Browse using the Periodic Table of Risk, with a focus on elementary causes of risk
• Browse the subsets of articles aligned with the FIBO Taxonomy