Chartis: Looking for Risk - Applying Graph Analytics to Risk Management - Leading Practices from YarcData

In an old joke, a policeman sees a man scrabbling around near a lamp post late at night. The man explains he’s looking for his keys. The policeman helps for a while and then asks the man if he is sure this is where he dropped his keys. The man replies, “No – but the light’s much better here.”

Financial institutions also use their resources to look for risks where the light is. It’s much easier to find a “known unknown” than an “unknown unknown”. Concentrating on risks that are more easily