Razor Risk will be exhibiting and speaking at Risk EMEA 2018 24-25 April in London. Come along to our stand and talk about challenges such as FRTB, organisational change, and business metrics. Use our discount code below to receive a discount on attendance below. Risk EMEA 2018: Financial Risk & Regulation Summit The agenda boasts over 60 senior industry professionals delivering ... Read More
Clearing is now mandated globally which means for many high volume products their processing takes place via a CCP. With this bifurcation of cleared and un-cleared business, new clearing costs occur, but also from having trades in two environments. In this webinar we are going to consider: Whether your firm should move as much business into clearing as possible Whether ... Read More
The BIS published their reforms to Basle III on the 7th of December with a raft of measures to improve the measurement of risk and calculation of capital. The reforms also have an impact on the arrival of the Minimum Capital Requirements for Market Risk, commonly known as FRTB.
McKinsey published a report on the Future of Bank Risk Management which we believe agrees with some of our own long term views. Rami Cassis, CEO of Razor Risk Technologies said: “McKinsey have identified a trend we have observed for some time. Firms need to use analytics, trend tracking and business scenario analysis to navigate through regulatory requirements. However this ... Read More
Following the www.risk.net news article on 19th October that the ECB is advising banks to apply for IMA approvals before the full FRTB rules are finalised, has left bankers worrying that as the rules are still “up in the air” the timetable seems unreasonable. As the rules are still slated to enter into force in 2019 firms will be expected ... Read More
Razor Risk is growing and need to add to our software development team in Sydney. Razor is now an independant company and has long term plans to develop our technology and business tools to serve the global customers who rely on us. Our Sydney team is the main centre for development of our platform which provides a highly flexible, high ... Read More
A blog post by Norman Marks here reminded us that Risk Management for an Enterprise needs a guiding framework, of which there are many sources. Norman refers to the COSO ERM framework which dates back to 2004 and believes that this will be updated soon to reflect the changes that have taken place in regulation and risk technology. The ISO ... Read More
Razor Risk has secured a contract to deploy our award winning solution Razor™, with Landesbank Baden-Württemberg (LBBW), Germany’s biggest state-backed Landesbank lender. LBBW is a medium-sized universal bank and the central bank of the savings banks in Baden-Württemberg, Saxony and Rhineland-Palatinate. Razor Risk is a specialist provider of integrated Counterparty Credit Risk Measurement and Limit Management solutions for the financial ... Read More
Not only should Senior Executives and leading practitioners from Risk, Treasury/Capital Management, Compliance, Regulatory Reporting and Front Office trading participate in discussions and decisions about their firm’s approach to resolving the issues surrounding FRTB, they will, if they are not already, surely be expected to lead the final decisions as to how “fundamental” this wide-ranging BCBS requirement will change the ... Read More
On the 30th of March we broadcast a webinar explaining the background to FRTB, the timeline for readiness, and showed a live demo of our platform. We showed how using our dashboard you can select and drill into key metrics underpinning your capital charges. Our dashboard shows capital charges by desk, by business, by product and by nearly any attribute, ... Read More
In January 2016, the Basel Committee on Banking Supervision published the final rules resulting from its Fundamental Review of the Trading Book (FRTB). The rules are due to come into effect at the end of 2019 and are encapsulated in BCBS 352, Minimum Capital Requirements for Market Risk.
This Webinar will explain how, by deploying Razor, firms will be able to speed up the time to compliance, leverage existing investments in people, technology and intellectual property and have the functionality and time to optimise their Market Risk capital consumption.