Thursday, June 18, 2009

Open source Risk Rating

Via Kevin Lan, Risk Rating Goes to Open Source. Please check their website, www.freerisk.org

The notorious rating game needs an end. Open source might be the answer. Or not, if the statistical models are obscure, the data source are scattered, being open source does not imply being clear and understandable. Interesting one of the co-founders is also founder of Certainty Labs, which promises to: "make models and projections easier and bring transparency to the risks your project". That sounds like to be the quality we want to be brought into the rating games.

The website also states that other co-founder is deemed a “Person of Exceptional Ability” by the USCIS. What does USCIS(immigration) have to say about a techonology startup? Probably it is a EB-2 Green Card. Handshake.

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