CRO
Deep dive Report into BCBS-457
CROs know-how in solving FRTB business problems
The CRO role is being reshaped by the supervisory committee encouraging leading banks to define a new digital compliance landscape. The CRO role as a partner to the Business, working in collaboration with the CFO to support business growth. The CRO and CFO must both reposition their roles to that of a trusted, value-added provider of critical operating information and forward-looking business intelligence, while optimising capital allocation across the firm while staying within the CEO / Executive determination of enterprise risk appetite balancing risk and reward.
We discuss key topics
Lead ERM Risk Technology Business Transformation and FRTB Regulatory Change Programme
Meet increased regulatory compliance adopting an integrated Finance and Risk
Business Transformation Flow model
Deliver more for less by modernising Risk Data Infrastructure moving risk processing and data management to the Cloud
Provide a comprehensive, enterprise-wide view of risk and embed the DNA of Risk
Management into the business decision process
Help the business to transition from a focus on top line growth to growing Shareholder
Value adopting risk adjusted return as the business performance framework
Modernising integrated risk and finance capabilities and market risk and data
infrastructures for higher performance across the business.
Business Partner sharing expertise in advanced analytics and building forward-looking
Scenario Planning Stress Testing Models
Meet demand for consolidated view / aggregated view of Risk and Finance (including
Risk Data Aggregation BCB239)
Support the CFO in the agenda to reduce P&L/ performance volatility with effective
Hedging Strategies and forward-looking scenario planning and stress testing
Collaboration with the CFO and Operations to deliver best in class integrated reporting
on business risk and performance in real-time
Best in class integrated reporting on business risk and performance in real-time
Improve capital allocation and reduce costs of delivering risk and compliance
Risk and Finance alignment
The imperative for digitisation
Speed is of the essence
Agility and mastery of data
Stress Testing forward-looking scenarios
Addressing non-economic Risk factors such as COVID-19
WHITEPAPER
Expert Thought Leadership papers
FRTB THOUGHT LEADERSHIP PAPER
The Fundamental Review of the Trading Book’s data management process requirements and challenges.
The regulatory landscape continues to move at a very fast pace. The new minimum capital requirements Basel framework has a number important new methodologies and approaches; such as expected shortfall, a revised standardized approach to calculating capital requirements, and non-modelable risk factors (NMRF) as well as new processes and forms of governance. Including P&L attribution test and desk-level approvals.
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In this enlightening paper, we discuss our view of the regulatory landscape and recommend an approach for banks to follow in compliance. The emphasis should be that banks continue the legacy of thought leadership in their solutions, in that they seek to become compliant and continue building robust internal self-regulation processes which go beyond the Basel compliance.
