Getting Ready for Liquidity Risk Compliance
Easy access to liquidity was something that many organizations, including banks, had taken for granted from 1997-2007. The financial crisis took even the most well regarded and longstanding banks of the last century by surprise as they found themselves unable to predict their liquidity vulnerabilities and over exposed to risk. In effect, the economic crisis revealed a significant weakness in a historically conservative industry’s knowledge of its risk exposure.
As a result, CFOs, compliance officers and treasurers are now under intense scrutiny from regulators, boards of directors and customers. To remain competitive, banks need to deploy a liquidity risk management strategy that complies with more stringent industry regulation and provides greater transparency into how they define and manage their risk appetite.
SunGard can help. SunGard’s Ambit Liquidity Risk Management solution provides proven capabilities that help banks identify and simulate strategies that minimize the cost of and exposure to liquidity risk. With the Ambit Liquidity Risk Management solution, a bank has a prepackaged stress testing solution that’s proven scenario engine can accommodate current and future stress testing needs, supports countermeasure activities and measures their impact, as well as includes a pre-defined extensible key risk indicators. Click the links below or in the top navigation of the Ambit Liquidity Risk Micro site to find more information about:
