FRSGlobal

In the News

Business Islamica, December 2009 - Keeping Pace: Islamic Banks and Stress Testing

Dr. Sunil Kumar K, Head of Risk Management Middle East, FRSGlobal, Co-Regional Director, GARP Dubai, writes "A wake-up call has been raised by the current crisis, mainly in countries offering both conventional and Islamic forms of banking. These countries have had to tackle two issues. First, managing the crisis, which has largely affected conventional banks, and second, attempting to gauge the impact of the crisis on the Islamic sector."

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CIR (Continuity Insurance and Risk), December 2009 - A technical detail?

While insurers and reinsurers are being forced to confront the issue of which model and software they which to deploy, so too are software vendors facing a critical period, claims Thomas Brouwer, head of product management at risk and regulatory compliance software provider FRSGlobal.

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Wall Street Journal, December 2009 - UK aims to bolster capital rules

"This will change business models," said Selwyn Blair-Ford, senior domain expert at FRSGlobal, a risk and regulatory reporting company. "If I were a bank I would be questioning the ability to maintain certain business lines because of the increased costs of capital and liquidity."

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Financial News, December 2009 - Banks allowed to set own liquidity buffers in Europe

Nicola Hortin, senior domain expert at FRSGlobal, which advises financial firms on risk and regulatory issues said: “Inevitably, CEBS is playing catch-up to the FSA. The FSA’s liquidity buffer rules are more prescriptive about what assets can be held and how they are determined, but otherwise, the divergence is slight.”

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A-Team Group, November 2009 - Liquidity Risk Management Directory

FRSGlobal provides solutions for all aspects of the new liquidity regime including regulatory reporting, stress testing, data management and management reporting. Our solution enables the analysis of funding and market liquidity risk and distinguishes between cash flows which are fully contract determined, market-dependent or contingent on assumptions of the client behaviour. It can include static positions and/or new business. More advanced analyses calculate the liquidity at risk based on Monte Carlo simulations. Stress testing can incorporate the widest range of scenarios, with behavioural characteristics of markets and counterparties being appropriately modified under different conditions.

Available to download for free now »