Askari's RiskBook: Benchmark For Risk/Return Tools?

NEW YORK--In order to remain competitive amidst the volatile global markets, financial institutions must be capable of quickly structuring financial instruments with new twists and manage the risks, as well as disclose complex position information to clients in a user-friendly manner. Despite the daunting task, help may be on its way from Askari, a State Street business, which is scheduled to release later this year a reengineered version of RiskBook -- Askari's enterprise risk management system

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Credit risk & modelling – Special report 2021

This Risk special report provides an insight on the challenges facing banks in measuring and mitigating credit risk in the current environment, and the strategies they are deploying to adapt to a more stringent regulatory approach.

The wild world of credit models

The Covid-19 pandemic has induced a kind of schizophrenia in loan-loss models. When the pandemic hit, banks overprovisioned for credit losses on the assumption that the economy would head south. But when government stimulus packages put wads of cash in…

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