Avoiding Kotov’s Syndrome in Risk Management Alexander Kotov (1913-1981) was a Soviet Chess Grandmaster and author. In his book, Think Like a Grandmaster, he described a situation now known commonly as the Kotov’s Syndrome. The situation is when a player thinks hard for a very long time but does not find any clear path, and […]
Wish you a Happy & Risk-enabled 2014 ! 2013 was a year of significant turbulence and uncertainty. While Stricter Regulations pushed some investment banks to close down their commodity trading divisions (see JP Morgan, Deutsche Bank), excessive Volatility and poor returns saw some commodity hedge funds closing down. The 16 day US shut-down added significant […]
Top 5 issues with Commodity Risk Systems This post is part of our unorganized research and survey which we have done across multiple industries and geographies, to find out the top 5 issues with Commodity Risk Systems that are being faced by the trading companies. While many companies are likely to have one of these […]
The Future of Commodity Risk Management The Future of Commodity Risk Management. Here we share what we think how Commodity Risk Management is going to change in the Future for companies that today, either don’t have a well-established risk management process or are struggling with their processes. As we talk to industry experts and commodity […]
The Humble PI of Risk Management A lot of approaches and frameworks are discussed in companies that are relatively new to implementing Risk Management process – the types of control processes, committee structure, risk reports, estimation methods, quantification models, systems, people, etc. In fact, these discussions sometimes go so intense and deep that it all […]