29 Aug Exhaustive Scenario Analysis: What Risk Managers Can Learn From Pilots
What can CROs learn from airline pilots? Quite a bit. Pilots have to know how to take their plane to...
What can CROs learn from airline pilots? Quite a bit. Pilots have to know how to take their plane to...
It is, according to the FT's U.S. Editor-at-large, Gillian Tett, one of the smartest ideas to emerge in finance for...
Henry Ford famously remarked that “a customer can have a car painted any color he wants as long as it's...
"“How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually, then suddenly.”" These lines, from Ernest Hemingway's The...
On HBO’s The Last of Us, much of humanity has been zombified by a fungus that spreads like, er, a...
After three years of pandemics, bear markets and war, what on earth could 2023 have in store? Anyone who tells...
An AI-powered tool-set for the C-suite and senior management to enhance and support strategic risk decision-making Download PDF ...
Bringing the power of machine learning and full-range scenario analysis to Strategic Asset Allocation, Straterix is the first SaaS application...
Do your capital buffers need buffing-up - and if so, by how much? In a market buffeted by extreme events...
With age, they say, comes wisdom. But when it comes to models, the older they get, the less useful they...
From politics to punchlines, timing can be everything. The same goes for investment. In an ideal world, wealth managers would...
Cash is king. This may be a cliché, but it also happens to be true. If your balance sheet is...
Markets tanking, rates rising, recession looming, Russia's Ukraine invasion ongoing - these are, to put it mildly, volatile times. Against...
What do you do if you want to digitalize your risk management processes? For a start, firms need to take...
Some of us dream of Olympic glory. Others, of making it big by backing the next meme stock before it...
What is Strategic Asset Allocation's problem? It helps investment managers determine how best to spread their investments. But SAA can’t...
Alternative investments are all the rage these days. But how do you select an investment strategy that optimally improves the...
Inflation is surging. But just how high will it go, and how long will it endure? The short answer is...
To enhance returns, develop dynamic risk limits and beat competition, asset managers and hedge funds are increasingly turning to alternative...
Many business functions use automatically generated scenarios for pricing, hedging, and meeting regulatory and accounting requirements. These scenarios are generated...
Quite a bit, as it happens. Traditional Asset & Liability Management (ALM) assumes deterministic levels of assets and liabilities and focuses on...
Like reality TV or Marmite, surprises aren’t to everyone’s taste. Sometimes they’re nasty (like the pandemic and the lockdowns it...
Like animal-friendly faux fur coats, synthetic data is manufactured - artificially created rather than resulting from actual events. It’s having...
How can you use machine learning for Strategic Decision Making in finance? This was the subject of Straterix CEO Alla...
Pre-pandemic, life was pretty simple: work was from an office, pajamas were for bedtime, and revenue projections of financial institutions...
"There are known knowns...
The Terminator movie franchise left us with many memorable quotes, but the one from the unborn John Conner, relaed by...
On the surface, there’s a singular purpose behind the introduction of stress testing: ensure that the next unprecedented crisis doesn’t...
The COVID-19 crisis found most financial models wanting. In response, modelers panicked: what models, and how many of them, were now...
The coronavirus pandemic continues to rage globally. Vaccination campaigns have injected some much needed optimism, but they’ve also prompted thoughts...
Like the Titanic being unsinkable, banks' models were meant to be unbreakable - able to withstand any scenario. They'd been...
Pensions have never been especially exciting. Usually, it takes a crisis, like a company collapsing and retirees being deprived of...
“Prediction,” said the Danish physicist, Niels Bohr, “is very difficult, especially if it's about the future.” Within these pages, we’ve...
We're delighted to share that our CEO, Alla Gil, is the new FRM Corner columnist at the Global Association of...
In these crazy days, it can sometimes seem like one-in-a-hundred-year events are happening every five years (of course, as long...
Imagine running-up to take a penalty, only for the goalposts to move just as you’re about to kick the ball....
Equities, bonds and cash. This is the holy trinity of assets where investment managers stash most of their money. They...
They sent chills down the spines of every big bank CEO, forcing some of the most storied names on Wall...
The past six months have been full of surprises, ranging from the coronavirus pandemic and lockdown, to massive government intervention...
Have the markets gone mad? After the COVID crash - prompted by the “Great Shutdown” rather than than the pandemic...
Stale, confusing and little more than a compliance exercise designed to enable banks to continue paying dividends - that’s how...
Totally outdated. That’s how the U.S. Federal Reserve must now feel about February’s bank stress tests - within weeks, the...
The precise timing and severity of a pandemic is impossible to predict: there is no Minority Report-style “pre-pandemic”, where genetically-blessed...
Last week, we discussed how our algorithms factor in new, unprecedented scenarios, such as COVID-19. But which particular variables have...
Last month we wrote about the massive upheaval caused by the coronavirus pandemic, and how financial institutions must quickly find...
Read our CEO's article - COVID-19 Calls for New Risk Measures, which was published on April 3, 2020 in the...
TRADITIONAL STRESS TESTS ARE AT BEST USELESS; AT WORST, THEY COULD BE DEVASTATING The markets are in turmoil. Economies are being shut...
Coronavirus caused a tremendous market turbulence. Everyone was expecting a crisis - is this it? Could it just be a...
Read our CEO's article that was published in GARP on February 27, 2020. View on Garp ...
Read our CEO Alla Gil's take on the effective use of AI in Risk Management, as published on GARP ...
Our CEO Alla Gil's insights about considering tail-risks in wealth management, as published by GARP ...
Balance sheet optimization has been the Holy Grail of companies’ management for many years now. But to quote Fintekminds on...
The surprise of executives at a mortgage bank was big when confronted with the most threatening scenario for their ALM....
Read our CEO's article about The Best Strategy...
Read our CEO Alla Gil's take on how to reduce costs and increase efficiency: practical steps...
If AI is so much better than humans in chess, can it also save the world in the next crisis?...