Quantitative Risk Assessment (QRA) is a type of quantitative risk assessment that quantifies the potential financial impact of a bank failure. QRA is one form of stress testing which also includes qualitative risk assessment, scenario analysis and quantitative sensitivity analysis. QRA study focuses on estimates of economic loss and regulatory capital requirements. However, it does not predict future market outcomes and there are numerous uncertainties in estimating losses at specific times or in specific scenarios. Some definitions you may come across when searching for different terms relating to QRA include: contingency planning, business continuity, crisis management, credit and market risk management, enterprise risk management and financial statement analysis. Quantitative Risk Assessment (QRA) is the ultimate tool in quantifying risk. And what it does is – it optimizes your business strategy based on your top risks. What&#