Banks welcome flexibility, but it could lead to big divergence on climate risk management
Mistakes mean more data for reporting, models and scenarios. But do banks learn from them?
Smaller lenders fear outages and other IT bungles, as do regulators. So, what are they doing about it?
Amid tougher trading conditions, Apac banks are making greater use of pre‑trade analytics to inform their strategies and reduce risk. But how successful are these tools?
Advances in energy credit risk technology are improving the accuracy and efficiency of the credit risk function, says credit risk technology expert
G-Sibs split on risk modelling and management for IT disruption and infosec
Long-awaited US climate risk exercise puts tough pressure on banks’ data and models
Fixed income markets are entering a new era of turbulence. This paper outlines the challenges facing asset managers in this macro environment and how to overcome them through high-quality data and cutting-edge analytical tools that uncover alpha and…
Hedge funds echo Mervyn King’s calls for a new approach to inflation modelling post-2022 crisis
Six jurisdictions conducted exercises only for transition risk
A nuclear strike on Ukraine would open the door to the pit; our readers guessed how markets would fare, with surprising results
The author presents an empirical approach to scenario design for selecting a stress scenario for international macrofinancial variables and compares this approach with a historical scenario approach.
Republican control of Congress could deal “a sharp shock to markets”, analysis suggests
Talking Heads 2022: Bank is reaping rewards of sticking with its trading businesses, says macro head Lublinsky
This paper uses the ten laws of operational risk along with taxonomies for inadequacies or failures and their impacts, and it also draws parallels with past crises, in order to make systematic predictions.
Leo Sadovy, analytics consultant, risk, finance and banking, and solution lead for SAS‘s scenario analysis and stress-testing solution, sets out the key role of strong decision-making and the importance of being able to innovate and respond to adverse…
This webinar explores how to enhance business planning activities, while accelerating regulatory demands with limited resources amid a need to derive greater value from the analytic lifecycle
Ukraine invasion, western sanctions and Russian response seen driving big rise in cyber and supply chain risks
Beefed-up sanctions on Russia’s largest banks spark IT security alert; 100s of computers brought down in Ukraine
In this paper, the authors apply a measure of statistical unusualness, called the Mahalanobis distance, to assess the plausibility of the scenarios used in the Federal Reserve's stress tests.
Financial institutions are facing several challenges as they prepare for the transition risk journey that will see them evaluating their existing risk and finance solutions. Ludwig Dickens, client advisor, risk business consulting, at SAS discusses what…