The Atlantic divide over scenario analysis

Continental differences

marcelo-cruz-morgan-stanley-2010

This is my first regular column in Operational Risk & Regulation. As the editor-in-chief and founder of the Journal of Operational Risk, I am blessed with the opportunity of reading some of the best technical articles published in this field worldwide. Many of these articles are very technical and require the reader to have an advanced mathematical background to fully appreciate the benefits of the techniques demonstrated. In this column, our objective is to translate some of the ideas di