In January of this year, the Basel Committee released a final set of “Principles for effective risk data aggregation and risk reporting” to enhance banks’ ability to identify and manage bank-wide ...
Risk aggregation and dependence structures constitute a fundamental aspect of modern statistical research, particularly in the realms of finance, insurance and risk management. This field addresses ...
A multitude of factors can quickly change the credit health of counterparties and investments, from global slowdowns to supply-chain disruptions and new regulations. In today’s complex markets, ...
BOSTON--(BUSINESS WIRE)--Corvus Insurance, the leading provider of smart commercial insurance products powered by AI-driven risk data, today announced its Risk Aggregation Platform, a data-powered ...
Will You Be Compliant With BCBS 239 Principles In Time? Given the phenomenal growth of the financial services industry over the past decade, resulting in a much greater demand on data provisioning, it ...
Risk aggregation is not a new phenomenon. The insurance industry, for example, has long examined how shared assets and similarities between organizations in their books bundle potential risk. Risk ...
NEW YORK & LONDON & FRANKFURT, Germany & SINGAPORE & MEDELLIN, Colombia--(BUSINESS WIRE)--AxiomSL, the leading provider of regulatory reporting and risk management solutions, today announced that it ...
The 2015 BIS progress report around BCBS 239 throws up some significant compliance gaps. There is much within the report to discuss. One of the primary goals of these principles was to address was a ...
Dubai, UAE-Increasing financial regulations in major markets - including US, Canada, China, Germany and UK­­­- demand that banks accurately consolidate, aggregate and report risk across their entire ...