Construct and Composition of the WRAP
The Wrap is a unique community of contributors to the development and
maintenance of a transparent Credit Securities market.
- The Wiki is the application of Wikinomics to risk management for
the valuation and assessment of non-government fixed income
securities (FIS)
- The Wiki risk assessment process (WRAP) will manifest itself as
an open collaborative site that is transparent and capable of
sharing IP, publishable versions of models and data
- WRAP will emphasize peer discovery, contribution, value creation,
and reuse
- RISConsulting, as a demonstration of its intellectual property and
contribution to WRAP, is putting certain of its models on the
WRAP website and thereby in the public domain
- Additional independent modeling firms and leading academic
practitioners are also committing to participate in the
WRAPdownlaod publisher 2010
Open Models Valuation
Wiki Risk Assessment Process 2.0