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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.

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

Latest Updates

• European Sustainability Reporting Standards and ESRS Glossary
• XBRL Glossary (Update)
• Credit Life Cycle (New Category)
• FM SFLP Template (New Loan Data Template)
• Energy Risk (New Category)
• Solstice first public release
• Simulation (New Category)
• Physical Energy Flow Accounts (New Category)
• Overview of the Julia-Python-R Universe (Update and Setup of Issue Repo)
• Sustainability Reporting (New Category)
• Sustainable Finance (Category Reorg)

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).

General Courses	Risk Modeling using Python
Introduction to the Open Risk Manual Getting Started with the Open Risk Academy Academy CrashProgram Demo Money Glossary and Crossword Puzzle	Processing Mortgage Data Using Awk and Pandas - Part 2, Performing Book Processing Mortgage Data Using Awk and Pandas - Part 1, Static Data Introduction to Input-Output Models using Python 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
Getting Started with Open Source Class Inheritance in Data Science Overview of Python Semantic Web tools Introduction to GeoJSON	Introduction to the EBA NPL Templates 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!

Sustainable Finance

These categories focus on new developments such as new markets, new products or emerging risks

Fintech	European Finance	Climate-Related Risk
Sustainable Finance	Risk Management Jobs	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

Quantitative Tools

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, promoting in particular the use of Open Data and Open Source tools.

Quantitative Risk Management	Quantitative Tools	Model Risk
Open Data	Open Source

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

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)	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 Integrating the IPCC Emissions Factors Database Into Equinox
Open Risk White Papers
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

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
• Browse a Semantic Hierachy. Please note this page requires some time to load