Credit Risk
262 white papers and resources
Risk Library provides a number of credit risk white papers, industry reports and opinions, which can be used to aid the decision making process and to reduce your organisations credit risk exposure. Credit risk is the type of risk that a lender assumes. As a form of compensation for taking on the risk, a lender receives interest repayments at an agreed upon rate. However, if a borrower defaults on agreed repayments, lenders may lose the partial or full sum and interest of the loan. This could result in the lender incurring further costs such as collection of debt owed and disruption to cash flow.
Webinar: Ensuring An Effective Risk Modelling Framework
The recent financial crisis has ensured that effective risk management is the primary focal point for the financial industry. Institutions are increasingly looking at ways to improve their risk management practices to drive better investment decisions across multiple asset classes. Risk and IBM,…
Understanding ORSA, A Global Regulatory Regime for Insurers
Read this whitepaper to:Understand how the ORSA regulations developed globally Review ORSA framework information for 15 jurisdictions Read about the latest changes to ORSA regulatory regimes
Model Validation: New Approaches in Testing Mathematical and Financial Correctness of Models
In this paper, we will examine model validation as it is typically practiced today and then explore new approaches, including the benefits of testing with mathematical identities.
Conduct Risk - When Compliance Becomes a Game
Read this whitepaper to explore contrasting views of risk, the various categories of compliance games, and understand why many conduct risk controls have historically failed.
The OIS & FVA Relationship: The Evolution of OTC Derivative Funding Dynamics
We will begin this paper with a discussion of the basics of OIS discounting and FVA for OTC derivatives—and then explore the relationship between the two concepts. We will also look at a case study that highlights the potential impact of FVA on trade profitability.
Improved decision-making and business insight using a holistic ALM solution
This white paper outlines a more holistic approach to ALM modeling that captures a detailed view of both the assets and liabilities and the interactions between them in a common framework.
Model Risk: The Challenges of Legacy Code and Best Practices
In this paper, we will examine the most common types and sources of model risk, and then outline best practices that practitioners can utilize in their model validation processes.
Webinar - Collateral and counterparty tracking - the practical challenges of the new margin regime for non-cleared trades.
FREE webinar: 'Collateral and counterparty tracking: The practical challenges of the new margin regime for non-cleared trades.'
Margin calling—Is your VaR methodology ready for initial margin on uncleared derivatives?
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives. The revised “near-final” draft of requirements would be phased in from 2015 to 2019, impacting the largest entities first, with the…
Evolution for efficiency: Active Collateral Management
Through centuries of financial innovation, experimentation, and standardization, dependable collateral has been consistently used to effectively mitigate the credit risk of financial transactions.