Banks and regulators urged to up their game in stress tests and scenario analysis
Reducing model diversity may endanger AMA's risk management benefits
Journal of Operational Risk, 10(1); 45-76
This white paper looks at the heavy impact of regulation on investment managers, the mitigation of outsourcing risk, inefficiencies in corporate actions processing and the growing importance of collateral management.
More Scenario analysis articles
ORIC says it received a record number of loss event reports in H1 2014
It is well-known that any risk management activity is a cost to the organization. However, optimized risk management practices satisfy regulatory capital requirements and gain the confidence of investors...
Welcome to the fourth issue of the ninth volume of The Journal of Operational Risk. This year has been a watershed year for operational risk, with large operational losses constantly making the headlines....
Assessing exposures and vulnerabilities gives sophisticated risk view
AMA risk management and op risk modelling cannot succeed by data alone
Utilities and other energy firms are working hard to refine and enhance the scenarios they use for stress testing. Given recent market events, the impact of regulatory change and large-scale liquidi...
Stress tests have become a more important part of the risk manager’s toolkit since the financial crisis reminded banks and regulators how difficult it is to model the tail of the loss distribution –...
A current focus on operational risk by senior management should be grasped by op risk teams to make key improvements
Limits and boundaries
This whitepaper reviews the fundamental changes of Liquidity Risk Management under Basel III. It discusses how institutions can meet the regulatory requirements on liquidity risk management by enhancing their liquidity risk analytics, funds transfer pricing methodologies, liquidity stress testing frameworks, and enterprise risk management platforms.