Many organisations keep track of possible adverse events that may affect their financial well-being. Turning such risk registers into transparent measures of capital and showing how individual risks or groups of risk contribute to total risk is challenging.
We are experienced in working with clients to achieve these goals. In particular, jointly with the client, we can implement a sequence of risk identification, quantification and analysis processes.
Risk Control has developed highly practical and effective tools for assisting expert judgement concerning risk events. We have wide experience of blending such judgement with data-driven quantification of risk using robust statistical methods.
See some of our related insights
Top Down Stress Testing for Bank Financial Statements: A Case Study
Updated Note on Real-Time Sovereign Ratings
Gainers and the Losers: Real-Time Industry PDs in the Covid-19 Crisis
Here are some example assignments completed:
For a medium-sized bank, we devised a unified application for generating stress tests and ICAAP measures of risk including necessary Pillar 2 calculations.
For a major fund manager, we devised a framework for monitoring and controlling risk in the institutions own pricing and risk management models.
For an export credit insurer, we analysed the full historical loss experience and devised risk parameters.