DORA – The EU’s Digital Operational Resilience Act
DORA is a landmark regulation aimed at fortifying the cybersec & ops resilience of EU FIs. FIs can not only comply with DORA but thrive! How?
Tag: Risk
Risk refers to the possibility of loss or damage, usually in financial or business contexts, and is determined by the likelihood of an adverse event occurring and the consequences if it does.
Key Concepts: VaR, stress testing & counterparty risk
Understanding VaR, stress testing, and counterparty risk empowers FIs to better assess and manage risks, enhance resilience, and make informed decisions.
MaRisk: Germany’s Risk Management Framework for FIs
Introduction The Minimum Requirements for Risk Management (MaRisk), established by Germany’s Federal Financial Supervisory Authority (BaFin), is a cornerstone of…
Climate Risk: Scenario-Based Modeling
A recent report by the NGFS estimates that physical climate risk associated with climate change could lead to a loss of $2.5 trillion in annual GDP by 2050.
The Capital Markets challenge: Market volatility
Market volatility has become a major challenge for investment banks in recent years, posing a growing concern for the financial industry.
AI & ML in CapMarkets: Top 5 use cases
AI and ML in finance and fintech is rapidly evolving, and banks are continuously experimenting with new algorithms and technologies to stay ahead of the curve.