Contributor: Capital Markets

We’ve all been hearing a lot about Value at Risk (VaR) lately, from discussions about its usefulness as a risk metric to likening it to a hero’s journey in Star Wars. What we don’t see discussed quite as much is Cash Flow at Risk (CFaR), which can offer significant insights in as one looks to control costs. But it’s important to know the differences between VaR and CFaR, and to know how CFaR can benefit the firm.... read more