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Stress testing refers to a process through we which we try and assess the impact of abnormal and extreme conditions on our processes, control systems and organizations.
Within financial services stress testing takes a second dimension where the focus shifts from assessing impact to identifying breaking points; the maximum amount of stress a financial institution would be able to bear before it breaks down and fails. The level of interconnectivity between financial markets and institutions has made this threshold of failure even more important since a since the failure of a single institution can trigger a deep and painful system wide crisis that can very easily turn into a regional or global contagion.
Price volatility in crude oil, gold, silver, cotton, sugarcane, wheat and cereals has created an unprecedented opportunity for corporate relationship managers to cross sell treasury products to their institutional, trading, manufacturing and high net worth customers. We present below a framework for empowering client facing treasury teams to go out and cross sell high value, high margin trading concepts to clients by educating customers about their exposures and some of the solutions available to reduce the risk associated with the same exposures.
Treasury Operations Crash Course for dummiesAcross 200,000 pageviews and 90,000 visitors here is a list of our top 29 posts over the last 8 weeks at Finance Training Courses. The posts cover the impact of US credit rating downgrade, basics of derivative pricing, ICAAP, dissecting
By the end of the two day workshop participants will be able to:
a) Appreciate the linkage between commodity markets (precious metals, crude oil), currencies and rates
b) Trace the impact of monetary policy announcements on commodity markets
c) Explain trading strategies using futures, options and exotic products
d) Understand trading triggers
e) Derive risk limits for counterparty exposures
The Client A market leader providing enterprise-grade software solutions and advisory services that address the complex regulatory, compliance and fair value needs of financial institutions. While financial institutions have always faced a myriad of regulatory and accounting compliance scrutiny, as a result of the financial
Board of Directors Risk Training Package The field of risk management has come a long way over the last three decades. Models, terminology, tools, techniques, conventional wisdom, exceptions – as a Board member we all have difficulty tracking the numbers and reports that come our
Who are you and what do you need? If you are on this page you possibly fall in one of the following three categories 1. The I have a question scenario You have reviewed the risk materials in your risk packet for an upcoming meeting
Market structures and systemic risks of exchange traded funds This article summarizes the Bank of International Settlements working paper No.343 titled “Market structures and systemic risks of exchange traded funds”. The paper defines what exchange traded funds (ETFs) are, particular in the US and Europe
In our last article on Gold relative value: using commodity mispricing to forecast gold prices , we reviewed a number of possible drivers for the rise in the value of Gold. This article is an extension of the same discussion on gold with some additional