Travel the M(R)AP
This London landmark, a masterpiece of Gothic architecture, is the burial site of many British monarchs and notable figures.
What is "Westminster Abbey"?
The guiding principles which form the foundation of Morgan Stanley's culture.
What are "Morgan Stanley's Core Values"/"Core Values"?
This statistical measure is used to quantify the amount of variation or dispersion in a set of data values.
What is "standard deviation"?
This department is responsible for identifying, assessing, and mitigating risks associated with market fluctuations and ensuring compliance with regulatory requirements.
What is the "Market Risk Department" (MRD)?
This project facilitates the integration of two popular programming languages, allowing users to leverage the statistical capabilities of one within the environment of the other.
What is "R2Python"?
This city was renamed after a duke who later became King James II of England.
What is "New York"?
This innovative event, inspired by a well-known delivery company's promise, encourages employees to dedicate 24 hours to work on any project they choose, fostering creativity and rapid problem-solving.
What is "FedEx Day"?
This statistical concept is known for its bell-shaped curve and plays a fundamental role in probability theory.
What is a "normal distribution"?
This term refers to a comprehensive list of projects and initiatives that an organization plans to undertake, often used to prioritize and manage resources effectively.
What is the "Book of Work" (BoW)?
These inherent constraints in financial models, arising from factors like assumptions, data quality, and simplifications, can affect a model's accuracy and reliability, highlighting the need for regular review and updates to ensure effective risk management.
What is a "Limitation"/"Model Limitation"?
This footballer is the record holder for most goals scored in a European Cup Final, also FIFA established an award named after him in 2009.
Who is "Ferenc Puskás"?
This acquisition transformed Morgan Stanley into one of the world's largest wealth management firms after 2008.
What is "Smith Barney"?
This method involves using historical data to predict future outcomes and is often used in time series analysis.
What is "regression analysis"?
This Basel reform introduced Expected Shortfall, desk-level approval, and modellability tests as part of its framework for market risk management.
What is the "Fundamental Review of the Trading Book." (FRTB)?
This process involves evaluating a financial institution's resilience by simulating extreme economic scenarios to assess potential impacts on capital and liquidity.
What is "Stress Testing"?
Known for its impressive skyline, this city is often referred to as "Mainhattan."
What is "Frankfurt"?
This division of Morgan Stanley provides the highest "Revenue share by business unit" for the firm. (as of Q4 2024).
What is "Morgan Stanley Wealth Management"?
This risk management tool simulates a wide range of outcomes to assess the impact of a potential risk.
What is "Monte Carlo simulation"?
This term describes applications and tools developed to support business processes, often requiring careful management to ensure data integrity and security.
What is "End User Computing" (EUC)?
This financial services company is renowned for its stock market indices, and is also a major provider of credit ratings for corporations and governments.
What is "Standard & Poor's (S&P)"?
This city is the home of the world's most expensive and largest private home.
What is "Mumbai"?
In 1935, these two individuals established a new firm that would become a leading global financial services company.
Who are "Henry Sturgis Morgan" and "Harold Stanley"?
This theorem states that the sum of a large number of random variables will be approximately normally distributed.
What is the "Central Limit Theorem"?
In Risk Analytics, this term refers to a streamlined version of a new tool or model with only essential features, designed to test a core concept quickly and gather feedback before full development.
What is "Minimal Viable Product" (MVP)?
The collective term for approaches that involve evaluating the potential impact of various hypothetical events on a portfolio or financial system, helping organizations prepare for and mitigate risks associated with extreme market conditions.
What is "scenario analytics"?