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Application of Distributions in ERM

In: When Do I Take Which Distribution?

Author

Listed:
  • Uwe Wehrspohn

    (Wehrspohn GmbH & Co. KG)

  • Dietmar Ernst

    (University of Nürtingen-Geislingen (HfWU))

Abstract

All these distributions can be used directly with Risk Kit in risk aggregations in ERM and for PS 340. A template model that structures the application and adds an evaluation can be found on the Risk Kit toolbar under “Examples—Case Studies.” The model is presented in detail in a film. Small and medium-sized companies will already be able to cover the requirements of PS 340 with this model. Large companies, whose risk management process includes many locations and usually even country subsidiaries, need a more comprehensive platform to efficiently support risk collection and assessment, action management, risk analysis, and reporting. Enterprise Risk Evaluator provides you with a modern implementation of an end-to-end quantitative risk management process. And it is designed to allow risk experts to participate in the process of risk evaluation who are not otherwise professional risk managers in their professional lives. Contact us to get to know the Enterprise Risk Evaluator in a presentation.

Suggested Citation

  • Uwe Wehrspohn & Dietmar Ernst, 2022. "Application of Distributions in ERM," SpringerBriefs in Business, in: When Do I Take Which Distribution?, chapter 0, pages 43-43, Springer.
    • Handle: RePEc:spr:spbrcp:978-3-031-07330-4_3
    DOI: 10.1007/978-3-031-07330-4_3
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