Insights

These three major trends in risk software architecture will not only continue to change customer behavior but also introduce powerful risk management techniques using deep learning algorithms, advanced analytics, and real-time data processing. The proliferation of these technologies is providing cost-efficient, faster, and more powerful computing and enhanced data storage capabilities, allowing for better risk-based decision-making, reporting, and process integration.

The risk architecture (or risk management architecture) is a crucial element of every financial institution’s risk management system, aimed at supporting its risk management activities and improving risk analysis. In this article, we explore the main enterprise risk architecture issues that arise when moving existing on-premises applications to the cloud, and analyze ways to address them.

Following the company’s bobsguide awards win for the Best Cloud Platform, CompatibL’s Executive Chairman and Head of Quant Research, Alexander Sokol, sat down with bobsguide’s editor, Michael McCaw, to discuss the new cloud computing and machine learning trends behind the rapid transformation of the financial services industry.

We present a Q&A session with Alexander Sokol, CompatibL’s Executive Chairman and Head of Quant Research. The questions covered include how remote working has affected cloud computing during the pandemic, how companies can reduce costs with cloud transition, cloud security risks, and the main cloud migration challenges in the financial sector.

Basel norms in banking are an internationally agreed set of measures developed by the Basel Committee on Banking Supervision (BCBS) in response to the numerous challenges faced by the financial and capital markets. As the Bank for International Settlements (BIS) explained, the measures aim at setting minimum standards and requirements that apply to internationally active banks and financial institutions.

What is model validation and why is it important for model risk management for banks and financial institutions?

The potential for regulatory requirements and reputational issues caused by the coronavirus appears to be speeding up the digital shift.

“The Coronavirus Means Market Turbulence and Weaker Consumer Spending and Investment”. Read more.

All business endeavors come with risks. A risk means an event which, if it occurs, may lead to undesired outcomes and impacts. Risk management offers a set of techniques and tools that allow us to identify, measure, and manage risks.

Every company has its unique business needs, creating a challenge for cloud services and solutions providers. CompatibL’s overview of cloud deployment models explores their advantages, disadvantages and major trends for 2020.

Orchestrate and manage: a complete cloud strategy and a reliable enterprise cloud platform help you unlock the potential of the cloud.

As one of the most advanced technologies, the cloud promises to meet challenges faced by the financial sector. Given its volume, variety, and speed, it is the perfect place to store and process data. In addition, cloud transformation offers scalability and cost reduction of cloud computing for business, and many other benefits.

The well thought-out, informative, and topical conference provided delegates with knowledge about the latest developments in supervision, regulation and industry practice.

A minor change in CSA proposed by Leif Andersen, Michael Pykhtin, and Alexander Sokol allows residual counterparty credit risk to be reduced under IM.

Despite regulatory restrictions, use of AAD-based technologies sparks interest of the market players.

Initial margin provides market players with a mechanism to reduce their residual exposure, but its efficiency remains doubtful.