Industries : Funds, Banking Financial Service, Insurance Reinsurance & Brokerage ]

As per RsRL’s practice line, there are three most significant revisions for the finance and supervision on risk measure:

• CCAR and Beyond – Capital Assessment, Stress Testing and Applications
• CVA if it’s centrally cleared
• BIS’s new proposition for Counterparty Risk

For the first point the application of all simulated outcomes to probabilistic events led to capital modeling, which eventually helped the development of the concept of economic capital, providing banks with basic tools to assess risk-adjusted returns on capital. Given the central role macroeconomic scenarios play in CCAR and stress testing, we have currently developed an economic scenario generation model (ESG) framework which quantifies loss and revenue for multi-asset classes and risk appetite.