The exposure
Systemic risk cannot be diversified away. Selling an exposed position removes it from the portfolio; hedging transfers the loss to a counterparty. The system that produces the risk stays unchanged.
Know what breaks first.
Resilion is an independent Swiss risk intelligence firm. We show asset owners and managers which industries in their portfolios can no longer absorb shocks because they have lost their ability to adapt, the financial channels through which that rigidity reaches returns, and what to do about it.
Grounded in science
The Resilion methodology builds on peer-reviewed research in economic complexity, ecological network analysis, critical-transition theory and financial-network science.
Read about the methodology →Conventional risk management is built for a stable world with low volatility.
Risk registers, heatmaps and volatility models capture risks that are already visible, already priced and already managed. They rely on historical data and assume the future resembles the past. Tipping points, cascades and regime shifts break that assumption, and they are the mechanisms through which systemic shocks related to climate change, nature loss, the AI transition and related geopolitical tensions reach long-dated portfolios. A portfolio can be diversified at asset level but concentrated at assumption level: every holding leaning on the same few conditions like insurable cities, functioning supply chains, stable purchasing power.
The blind spot
Stability is routinely read as health. A sector can look stable precisely because it has stopped adapting. Structural rigidity is the risk that builds while every indicator stays green.
The horizon
Structural pressure moves slowly; its financial transmission is fast. Insurance repricing, refinancing terms and regulatory action compress years of pressure into a single event inside your mandate horizon. The relevant measure shifts from calculating exposure to crises toward evaluating an industry's structural ability to address them.
From scattered signals to decision-relevant intelligence.
Resilion focuses on systemic risk at the industry level, where fragility actually forms. That lets an institution concentrate its attention on the parts of the portfolio most likely to break, instead of spreading risk work evenly across holdings that are not equally exposed. For each exposure, Resilion sets out the management actions available, alongside their financial and non-financial implications based on an adaptive planning approach. The analysis uses information the organisation already holds, complemented with public information and synthesises it into one structural picture and a prioritised plan, delivered in four phases.
Step 1 — Training
Your teams learn to read systemic risk through a complexity lens, tailored to your governance context.
Step 2 — Assessment
We map where your portfolio is structurally exposed: hidden concentrations, fragile dependencies, proximity to critical transitions.
Step 3 — Remediation
You receive actions with cost-benefit analysis that can inform hedging or investor engagement strategies (whom to engage on which issues), or where and how to invest to reduce systemic risk in an industry.
Step 4 — Cockpit
Ongoing monitoring tracks your risk environment and your progress against agreed actions, updated as conditions change.
Built for owners of long-dated capital, regulators, supranational organisations, impact investors and philanthropic organisations.
Pension funds and insurers
The models behind your long-horizon returns still assume growth that mounting climate and nature stress no longer support, so today's numbers can flatter the risk you actually hold. Resilion gives your investment committee an independent, defensible view of that hidden fragility, framed for fiduciary decisions on risk-return and capital preservation.
Family offices
Concentrated, long-duration wealth carries direct principal accountability for systemic exposure. Resilion shows you where that exposure is structural, and how to act on it through allocation and positioning, not hedging alone.
Wealth managers
Your clients hold concentrated, long-horizon positions exposed to risks that outlast a market cycle. Resilion helps you manage that systemic risk and design investment solutions around it, a capability few wealth managers can currently offer.
Asset managers (private equity, venture capital and real assets)
Illiquid, long-hold positions cannot be exited when a sector loses its ability to adapt, so the structural question belongs at selection. Resilion shows which industries are fragile and which can still evolve, to guide entry, portfolio construction and hold decisions.
Regulators, supranational organisations and industry bodies
Independent structural analysis of the sectors you supervise or represent, grounded in published science and reproducible methods. Resilion shows where structural fragility is forming, so regulatory action lands where the sector is most at risk.
Impact investors
Impact depends on whether a sector can change, and a locked-in industry absorbs capital without shifting. Resilion identifies where structural fragility sits and where the capacity to adapt remains, so you design impact strategies that target sectors where change is possible.
Philanthropic organisations
Grants work best where a sector is ready to shift and stall where it is structurally stuck. Resilion maps those structural fragilities, so you can direct grants to where they can move the system.
Proxy voters and investor engagement teams
Resilion's intelligence informs your engagement strategies, so resources focus on the issues and counterparties that generate the most overall benefit.
We measure whether the systems you invest in can still adapt.
We look at an industry as a complex adaptive system, and the loss of its ability to adapt is the dominant systemic risk: a sector that can no longer change cannot absorb the pressures building around it, however stable it looks. That capacity is a structural property, measurable before its effects show up in prices. Resilion turns research from economic complexity, ecological network analysis and critical-transition theory into a repeatable, auditable assessment.
Independence is the method.
Systemic vulnerabilities are hard to see clearly from the inside. Existing incentives and everyday priorities can keep them in the background, even for the people best placed to act on them. Resilion looks from the outside. That independence is what lets us name them plainly.
Resilion was founded in 2026 by Patrick Schmucki, after 20 years in Big Four audit and advisory across risk, regulation, sustainability and strategy.
Understand where your portfolio could be fragile.
A briefing takes one hour. You bring your questions; we walk you through the methodology and where it would look first in a portfolio like yours.