Inside the Practice of Risk Architecture

Concepts

We consider Risk Architecture as work done at the conceptual level, and Risk Blueprinting as work done at a logical level. The physical, or implementation level is largely accomplished through selection and integration of existing components, with a minimum of software development.

Our risk approach begins with the generally accepted high level concept of how exposure occurs. A threat is considered to be something adverse to expected outcomes. Risk is the probability of the adverse event taking place. Exposures are measures of vulnerability to a specific risk factor.

We differ radically by the way we integrate classical risk metrics with predictive ones - some proprietary - based on collaborative and cooperative computational methods, among others. Also differentiating our work is the mapping framework we developed to unify these two theoretically different quantitative realms into a Unified Risk Framework (tm).