Market Insights: the latest risk management articles
Download SunGard Adaptiv's latest whitepapers for a host of topics including collateral management, credit limit management, credit risk management, market risk management, operations management and risk analytics.
Risk Overhaul: A new framework for risk management
Rather than starting with a new solution, maybe the real starting point is ‘What is the question?’
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Wrong Way Risk
Wrong way risk is defined by the International Swaps and Derivatives Association (ISDA) as the risk that occurs when "exposure to a counterparty is adversely correlated with the credit quality of that counterparty". In short it is where default risk and exposure come together. The terms 'wrong way risk' and 'wrong way exposure' are often used interchangeably.
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Risk Manager Roundtable: The Limits of Analytics
The credit crunch is deepening and broadening into a more general – and worrying – financial malaise. Every day there are fresh casualties, including some of the most illustrious names in banking.
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Default Risk: Part I
Over the last week, seismic events have fundamentally altered the capital markets landscape. Weary eyed risk professionals have spent 15 hour days answering a multitude of management concerns:
How exposed are we? Could this have been foreseen? Would it have made a difference?
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Adaptiv solutions.
Catastrophic Risk: Part II
Anticipating and mitigating catastrophic risk: We have recently experienced an unprecedented time in the global financial markets. Not surprisingly, risk managers and the techniques they employ are under fire from market participants, regulators, financial reporters, and shareholders alike.
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Strategic Risk: Part III
Strategic risk taking: Financial institutions looking to revise their risk management processes must consider a more integrated approach that gives traders and risk managers organizational parity.
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Towards Comprehensive Simulation of Complex Credit Structures
As is typical following a market event such as the sub-prime lending crisis, there has been a certain amount of revisionism with financial institutions now focusing their attention on the large number of credit-based instruments on their books.
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Trading Risk Management Challenges
The intensity of today's capital markets is placing considerable strain on risk managers and their systems. Technology firms can react to this inexorable demand by focusing on three important considerations - dynamic efficiency, qualitative risk factors and parallel processing technology.
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Eliminating Back-Office System Fragmentation, A Practical Approach
The issue of automation, or rather the lack of it, has long been a concern in the financial services industry. The operational and risk management benefits of straight-through-processing (STP) are well documented but the application of automation has been far from universal.
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