I enjoyed an engaging discussion with Dr Ariane Chapelle on quantifying rare events. Ariane is an author, lecturer, and award winning consultant - I felt it would be helpful to share our interesting discussion focused on operational risk / risk events, and quantification within this field.  

Bookmarks and topics discussed are as follows: 

🔶 Can firms reliably quantify rare events (1:20)

🔶 How is risk quantification evolving, particularly for non - financial risks; and how does this tie into ICAAP (3:18) 

🔶 Is there an evolution in the way firms look at scenarios and emerging risks (5:20) 

🔶 Do you think there could be some form of replication for AMA (7:05)  

🔶 Talent Risk - Where are the biggest gaps in training and skills within risk? (9:04)