For many years, financial institutions have been using the Murex enterprise risk platform for market, credit and liquidity risk management. Today, and in view of the recent market volatility, those users are appreciating the advantages of a multi-asset trading platform with a fully integrated risk function that is flexible and open enough to integrate and analyse information from all areas of the institution
It seems that 'liquidity risk' is the prevalent term on everyone's lips these days. The recent market instabilities have highlighted the shortage of consistent guidance and supervision concerning the management of this risk classification, and now the industry is readying itself for a wave of increased regulation. All of the main bodies, including the UK Financial Services Authority, US Federal Reserve, the Council of Europe Development Bank and the Basel Committee, are putting forward their recommendations for addressing these shortfalls in liquidity governance. They have already identified major business areas that can greatly impact on the funding profile of a financial institution and that require close integration into any liquidity solution.
Topics: Enterprise-wide risk management
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