Opalesque, 17th May 2011: Coping with increased risk management and a changing regulatory environment

Ioannis Akkizidis, product manager and financial risk analyst at FRSGlobal (which became part of Wolters Kluwer financial services in September 2010), highlights the significance, relevance and need, especially post the credit crisis, for institutions to embrace unified financial analysis (integrating market conditions with counterparty quality and behaviour related risk via financial instruments; where performance is driven by that of liquidity, value and income in a consistent and transparent manner).

Listen to the complete feature here »

A-Team Group, May 2011: Special Report: The State of Play in Liquidity Risk Management

In the aftermath of the financial crisis, the period from 2009 through 2010 saw liquidity risk rise from relative obscurity to a position of prominence on regulatory agendas worldwide. One year on, liquidity risk management remains high on the agenda for institutions across the global financial services industry. Liquidity risk management software providers have responded to new global standards and requirements with a range of new and innovative solutions, gaining implementation experience across a broad range of global financial institutions.

In this Special Report, A-Team group examines the current status of developments in liquidity risk management, with a thought-leadership commentaries and Virtual Roundtable ‘Liquidity Risk Management 2011 ’from leading liquidity risk management software provider FRSGlobal. We ask our experts from FRSGlobal to assess the status of liquidity risk regulation and whether regulatory arbitrage has become a reality, we address the practical difficulties inherent in implementing new liquidity risk management capabilities and we review the potential for competitive advantage through effective liquidity risk management.

Read the full report here »

Visit the The A-Team Group here »

The Banker, May 2011: New UK liquidity rules set to have global repercussions

Some have opted to partner with specific vendors to be able to meet the onslaught of regulatory reporting requirements. Sumitomo Mitsui Banking Corporation Europe (SMBCE), for example, chose FRSGlobal’s platform. “With such tight time frames for implementation, we quickly realised time was of the essence for this project,” says Keith Haylock, assistant general manager at SMBCE. “Years ago, when the FSA only required three prudential reports, it would have been possible to handle this internally. But we knew the number of reports would rise to more than 500 with the new liquidity requirements, and the potential opportunity cost to a firm that cannot demonstrate adequate liquidity management and controls is significant.”

Read the full article here, courtesy of the The Banker (subscription required) »

ABA Banking journal, April 2011: A check up for risk

Community banks also need to be sure they stress-test frequently enough. “Most of the smaller banks use core banking systems” Says Andrew Leigel, Vice President FRSGlobal. “What they get is an extract at the end of the month – a quick Polaroid. But what if they decide to lower interest rates mid-month to match a competitor?” They would be better off, he says, if they could take a daily look at some of the stresses they’ve created.

Read the full article here, courtesy of the ABA Banking journal »