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Why ALM is Set to Make a Staggering Comeback
Read why compared to all the other risk disciplines, Asset/Liability Management (ALM) has lacked broad visibility in the last couple of years, certainly far less than it deserves. Of course, in times like these, interest rate risk management does get a lot of attention. But you could not find debates like the Point-in-Time vs Through-the-Cycle discussion going on in credit risk, or righting the wrongs of Value-at-Risk for the trading book. This paper argues that ALM is bound to make a staggering comeback, perhaps even turning it into the pivot in Risk Management
Stress Testing - Going Beyond the Risk Management Comfort Zone
Learn why regulators say stress testing is one of the key areas of risk management that banks must strengthen in the wake of the banking crisis. However, many bankers remain uncertain about how stress testing programs should 'fit' within their bank's overarching enterprise risk management framework, and whether their approach to stress testing needs to be either rethought or simply augmented to cover more scenarios... New Regulation, Stress Testing and Capital Budgeting whitepaper
Understand why after the recent economic crisis and the ongoing calamities on financial markets around the globe, regulators have seized the chance to launch a new set of regulations on banks. In particular, banks are now asked to employ novel techniques such as forward-looking stress testing and capital budgeting to justify higher buffers for liquidity and capital. The Quantification of Buffers article
In any case, the quantification of the buffer is a key consideration in the whole liquidity risk program of a firm. Indeed, when calculating the buffer, a firm needs to keep in mind that a lack of liquidity could kill a bank instantly, whereas too much of it will kill it slowly.
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Stress Testing in the World of Regulatory Change
Listen to our panel of experts in the field of risk management as they discuss emerging standards, analytical and technical challenges financial organizations are facing around the framework for flexible, forward-looking, integrated scenario analysis and stress-testing. The Whys and the Hows of Integrated Stress Testing
Learn why the financial crisis and the subsequent policy response has shown that in order to better capture and manage risks, stress testing is an essential and valuable tool. But as with any tool or resource, harnessing its power is paramount in order to get the best value out of your investment. Liquidity Risk Management & Beyond
Download our most recent Webinars on Liquidity Risk presented by David Renz, director, risk advisory for SunGard's Ambit.
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