The summer is over in the Northern Hemisphere - and what an unusual summer has it been! Worldwide the implications and challenges of adjusting to a Covid-19 pandemic are still a major issue, affecting individuals, companies and governments. The pandemic underscores the serious challenges of risk management methodologies, not unlike the serious stresses exposed during the Great Financial Crisis. If the GFC led us to formulate the Open Source Risk Modeling Manifesto, the present crisis is even more fundamental and far-reaching. It underscores how modern economies (and financial systems) have fundamental vulnerabilities that are routinely neglected even while they are real and present dangers. The shift into sustainable economies (and thus sustainable finance) will both have to accelerate and broaden in the coming years. We believe the mission of Open Risk is more than ever aligned with the required direction of travel. Welcome back to the Academy to both old and new students! Check out some new features we have just released as part of the Back-to-School 2020 and do give us some feedback how to improve the Academy!

A game (in the serious gaming genre) that aims to help with understanding concepts of credit portfolio managemen such as name concentration

• The online documentation
• The code repository

This post aims to shed some light into the visualization process, by illustrating various distinct visualizations where we keep the dataset intentionally the same (and rather simple) and we vary the applied transforms. The result is 21 distinct ways to represent the same data, illustrating the power, flexibility, but also pitfalls of visualization

We have just released the first version of openNPL on github. openNPL is a platfrom for managing non-performing loan data. It implements the detailed templates proposed by the European Banking Authority and thus builds on best market practice. More background and details in this blog post. In due course we will add Academy courses helping along with the use of the platform and its further development.

At the OpenCPM demo instance we incorporate now open data around mobility and policy measures to tackle the Covid-19 pandemic. We plan some Academy courses around those datasets so if you are interested in the topic have a look here!

Many Academy users will know already about the Open Risk Manual, the open wiki dedicated to augmenting Risk Management know-how across the board. For those that don't (or those who would like to learn about more advanced features), this introductory course provides a concise overview.