Progressive Credit Risk Management (CRM) Improving The Cost and Availability Of Corporate Credit
Thursday, 15 March 2012 | 
John A Morrison
Progressive Credit Risk Management (CRM) transparently presents “own credit risk” to improve Asset-Backed transaction terms. When the CRM output is combined with insurance and funding methodologies, the financial benefits are striking. This is because banks rarely offer funding terms based on a due diligence process as thorough as the company themselves can execute daily.
Policymakers are keen for banks to lend. However, the banking model is broken. Many of the methodologies developed to intermediate credit are no longer cost effective or trusted by investors. Banks have responded by tightening credit issuance and de-leveraging. Alongside tougher Basel and domestic regulation, fee-earning has been hit. Banks are using general de-leveraging to cleanse their exposure to individuals, companies, other banks/ Financial Institutions and sovereigns who they believe will not only be unable or unwilling to repay debt but also unable to afford the cost of re-priced risk.
Tags: The Asymptotix Manifesto for a Solution Blueprint in Risk Management
Tuesday, 18 October 2011 | John A Morrison
Our Manifesto for a an IT systems Solution Architecture Blueprint for the Risk Management requirement of today is provided in the following 14 references to asymptotix pages.
asymptotix has the deep domain expertise and experience in the risk analytics and data management requirement and in the technology solutions described above contact us if this manifesto fits with your perspective on your current challenge.
Social Media risk management
Thursday, 7 April 2011 | asymptot
With an increasing number of companies integrating social media activities as part their overall marketing and PR strategy, it is important that as part of this strategy brands also focus upon the importance of effectively managing and monitoring the potential risks involved.
Due to the sheer growth in conversations and user-generated content, by its very nature social media leaves brands and users open to a number of risks as well as opportunities. As a result, the need to be proactive, identify possible risks ahead of time and develop an appropriate social media monitoring platform and process is key. Additionally, the integration of an effective internal management platform is also important, to ensure user access to accounts is coordinated and utilised in the right way, clearly communicating social media guidelines and allocating resources within the organization more efficiently. In light of this, below are three ways that companies can approach managing social media engagement and risk in the social media sphere.
BIS - Joint Forum recommends improvements in risk aggregation models
Monday, 25 October 2010 | Technology - An...
The report suggests improvements to the current modelling techniques used by complex firms to aggregate risks. It also examines supervisory approaches to firms' use of risk aggregation models, particularly in light of the global financial crisis.
Mr Tony D'Aloisio, Chairman of the Joint Forum and Chairman of the Australian Securities and Investments Commission, said "This report is essential reading for firms considering ways to make more effective use of risk aggregation methods, and for supervisors wanting to understand firms' use of risk aggregation models to help identify shortcomings in a firm's approach."
Official BIS: Group of Governors and Heads of Supervision announces higher global minimum capital standards Basel III
Sunday, 12 September 2010 | Finance - Banki...
HEALTH WARNING : THIS MAY REQUIRE THE ADOBE PDF FACILITY,
IT DOES GO ON A BIT; BUT IS NEVERTHELESS WORTH IT
At its 12 September 2010 meeting, the Group of Governors and Heads of Supervision, the oversight body of the Basel Committee on Banking Supervision, announced a substantial strengthening of existing capital requirements and fully endorsed the agreements it reached on 26 July 2010. These capital reforms, together with the introduction of a global liquidity standard, deliver on the core of the global financial reform agenda and will be presented to the Seoul G20 Leaders summit in November.
The Committee's package of reforms will increase the minimum common equity requirement from 2% to 4.5%. In addition, banks will be required to hold a capital conservation buffer of 2.5% to withstand future periods of stress bringing the total common equity requirements to 7%. This reinforces the stronger definition of capital agreed by Governors and Heads of Supervision in July and the higher capital requirements for trading, derivative and securitisation activities to be introduced at the end of 2011.
Oracle White Paper: Application Grid - The Ideal Platform for IT Consolidation
Monday, 25 January 2010 | Technology - An...
Today’s economic environment is driving many enterprise IT organizations to
consolidate, that is, to reduce the numbers of vendors of different technologies and to
reduce the resources used by those technologies within their data centers. Consolidation
means different things at different levels: it can be reducing the number of physical
servers to run a given workload; it can be combining multiple data stores into a single
larger storage facility; it can be the replacement of multiple applications of redundant
functionality with a single all-encompassing solution. We look here at the opportunity for
consolidation of middleware—Java application servers and related technologies.
Consolidating or reducing the number of vendors of a given technology can significantly
improve efficiency by streamlining operations. For example, if an IT shop has more than
one type of application server, each will have its own update schedule, patching
procedures, and management practices. Consolidating to a single application server will
bring simplification and economies of scale to each of these activities.
Five steps for a new approach to risk management
Friday, 24 April 2009 | Risk - Research
By Steven Husk, FRSGlobal, published at finextra.com
There has been a lot of discussion – and differing opinions - around how risk management must change in light of the financial crisis. But to find the path to recovery, there is perhaps some consensus emerging about what steps risk managers must now take. And with tight deadlines to conquer – such as the FSA’s October deadline for liquidity risk – there needs to be a quick fix to enable them to complete these rapidly and effectively. Below is a roundup of the five areas that should take priority.
United States Government Accountability Office - Review of Regulators’ Oversight of Risk Management Systems
Friday, 10 April 2009 | Risk - Research
United States Government Accountability Office - Review of Regulators’ Oversight of Risk Management Systems
Review of Regulators’ Oversight of Risk Management Systems at a Limited Number of Large, Complex Financial Institutions
Statement of Orice M. Williams, Director Financial Markets and Community Investment
Testimony Before the Subcommittee on Securities, Insurance, and Investments, Committee on Banking, Housing, and Urban Affairs, U.S. Senate
http://www.gao.gov/new.items/d09499t.pdf
ERM-II Enterprise Risk Management & Economic Capital
Wednesday, 1 April 2009 | Risk - Research
On some key research issues in Enterprise Risk Management related to economic capital and diversification effect at group level
Are the key legislative pillars such as Basel II & III, UCITS IV and Solvency II forcing you to re-examine how you identify, measure and manage risk and capital?
Asymptotix work closely with our partners to help clients develop a more proactive, systematic and integrated approach to governance and risk management to deliver proper value.
Asymptotix can offer the support you need to deliver on time. Read more...
Is the goal of your website to sell services or products, educate, or collect data?
A positive customer experience is vital to conversion, no matter what your conversion goals may be. Our designers and developers will create a positive experience to maximize your conversions and deliver the optimal return on your investment. We strive to find the perfect balance between the web site’s design and functionality.
Asymptotix implements interactive solutions for European companies. From corporate websites to social communities, our clients will tell you an investment in building a scalable online experience will deliver long-term tangible benefits.
Based in Luxembourg we can help you all over Europe. Our multi-lingual team can work with projects and speak your language! Read more...