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KRM22 PLC

Is COVID-19 a black swan event?

In the matter of a few weeks, the way that people work and play has been turned on its head due to COVID-19. Governments and businesses worldwide have been scrambling to react to the latest twists and turns of this crisis. Many have been caught flat-footed and ill-prepared.

Given the nature of COVID-19, and the speed with which it has spread and the impact it is having globally, it is tempting to think about COVID-19 as a Black Swan event.

BLACKS SWANS

Nassim Nicholas Taleb popularized the concept of a Black Swan event in his highly acclaimed book, The Black Swan.

KRM22’s Global Risk Platform provides applications to help you address your firm’s regulatory, market, technology and operations risk challenges and to manage your entire enterprise risk profile. KRM22 is a public Group listed on AIM and headquartered in London, with offices in several of the world’s major financial centers.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.