Growing uncertainty has spread throughout the financial industry. The reason for this is a shift from well-defined conventional risks (credit, market and liquidity risks) to risks that require a more specific assessment like operational, strategic and reputation risks.
At the same time, financial supervisory authorities decided to set up new rules intended to reinforce risk management frameworks within the financial services area: Basel II / Capital Requirement Directive (CRD) for financial institutions, UCITS III for investment funds and Solvency II for insurances.
Consequently, incorporating risk management into tactical and strategic decision-making, as well as into day-to-day business, has become a crucial factor of success for financial services providers today.
How we can help you
- Basel II /CRD solutions: Readiness diagnosis, development of scoring systems, vendor system selection and implementation, design or review of your risk management framework, regulatory assistance, trainings and workshops
- Financial Risk Management software selection and implementation
- Implementation of Financial Risk Management frameworks other than regulatory
- Value at Risk (VaR): Selection of the appropriate VaR methodology given your portfolio composition, vendor system selection and implementation, review of your VaR framework
- Support on risk strategy and assessment of economic capital
Benefits for you
By implementing a risk management solution tailored to your organisation, you will be able to:
- Be compliant with the regulatory requirements and best practices standards
- Better understand the risks taken within tolerable levels
- Improve risk methodologies and risk management policies
- Reduce market, credit and operational risks and losses
- Improve processes, controls and related cost management
Please have a look at our Case Studies on this subject.
