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XTREME RISK GAMES (XRG)
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Overview |
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Xtreme Risk Games (XRG) is an exciting concept. Participants face a series of realistic, yet extreme risk events.
XRG trains market professionals to respond immediately and appropriately to sudden and extreme real-life events.
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Scenario analysis and risk modeling only go so far. Role playing real-time extreme events is
a very useful tool for testing procedural weaknesses and systemic risks.
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The Games extend well beyond scenario building in anticipating the reactions of market participants, governments and central banks.
Working in real-time with resources that resemble actual operating conditions, participants hone on-the-job skills development,
experience life-like uncertainty with ambiguous/asymmetrical information and pressure to perform under extreme time constraints.
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XRG are usually run in-house and can be customized to test various internal functions and external risks. XRG are suitable
for Board Members, Senior Management, Risk Managers, Sales/Traders, Internal Audit/Control, Compliance/Operations Officers, Treasury and IT/Risk Systems.
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