Stress Testing under COVID? Follow the Money

24 Mar 2020

Who had stress tested Shanghai, Paris or New York turning into ghost towns in 2020? Who modeled energy prices down 70% within a few days? Surely enough, all sectors of all developed countries grinding to a halt in a matter of weeks, were overlooked scenarios. Remotely comparable situations involve the Great Recession of the 30’s, or more recently t...

Banking Regulations

LIBOR to survive the RFRs

21 Jan 2020

Neither IBORs nor RFRs; firms should ready up to work with both types of benchmarks and reference rates for the foreseeable future. The quantitative finance focused publications of 2019 have highlighted that replacing forward looking term rates (IBORs) with convexity-adjusted overnight rates compounded in arrears (RFRs) could lead to discrepancie...

Capital Market Technology

THE BANK'S DIGITAL JOURNEY -SIMPLIFY IT

22 Sep 2019

Technology is a starting point — the end goal is to use it to regain control of change management. REDUCING EQUATIONS There’s nothing new with banks being compelled to transform to keep relevant. As enablers of economic growth, banks are constantly under pressure to morph into something else, due to either globalisation, regulation, advance in tech...