https://blog.turboawesome.win/tags/risk/ Recent content in Risk on Bits, Trades & Systems Hugo en-us Tue, 05 Apr 2016 14:17:00 +0000 https://blog.turboawesome.win/2016/04/why-the-risk-team-chose-clojure-and-why-it-made-sense/ Tue, 05 Apr 2016 14:17:00 +0000 https://blog.turboawesome.win/2016/04/why-the-risk-team-chose-clojure-and-why-it-made-sense/ A Lisp in a large financial institution sounds like a punchline. The reasoning behind the decision was more principled than the stereotype suggests. https://blog.turboawesome.win/2015/07/risk-aggregation-in-real-time-design-constraints-from-the-dealing-desk/ Wed, 08 Jul 2015 13:20:00 +0000 https://blog.turboawesome.win/2015/07/risk-aggregation-in-real-time-design-constraints-from-the-dealing-desk/ Aggregating live risk across thousands of positions in real time is a different problem than batch risk. The constraints from the dealing desk — sub-second freshness, continuous availability, correct arithmetic — shaped everything.