on 10-16-2012 9:33 PM
hello,
. We are on the stage when we show to the client the options for risk analysis and aggregations and we saw that we have two options for that:
1/ operational risk works with bow tie analysis and custom (class implementation) aggregation
2/ corporate risk works with forecasting horizon and standard aggregation.
We can’t find information about the differences between them and we can’t locate documents about corporate risk and forecasting horizon analysis.
i will appreciate info that you have about the differences between those methods
Thanks in advance
Rachel haimovitz
Hello Haimovitz ,
Please refer to the attachments provided in Note:1649904 for details on forecasting horizon.
In general Corporate and operational risks are supporting completely different approach to the risk evaluation. While Operational risks are having multiple impacts supporting qualitative, quantitative and score based way of risk evaluation and support mitigation. On the other hand corporate risks support evaluation in several so called forecasting horizons, they works with the only one impact and in current release they do not support mitigation yet. The evaluation can be done in qualitative or quantitative way.
The graphical view isn't possible for the corporate risk.
Hope the information is useful to you.
Thanks & Regards,
Chandani
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