Lepus

Our latest executive summary, sponsored by the Options Industry Council, is the white paper "The Changing Risk Management Landscape in Derivatives". It highlights the major changes the industry is facing in the area of OTC derivatives in the wake of the credit crisis.

Credit Meltdown Recovery? Harnessing Stress Testing for Effective Risk Control

A recent Executive Summary, sponsored by OpenLink is the white paper "Credit Meltdown Recovery? Harnessing Stress Testing for Effective Risk Control". It highlights several key trends surrounding the need for a defined stress testing regime and a firm wide, cross asset class risk management solution.

Validation Approaches for ALM Models

The use of models within the financial industry has become prolific to the degree that their deployment has become responsible for a risk factor in and of itself: that of model risk. Although the benefits financial models can offer are considerable, a model that is ill-fitted to its task, applied improperly, poorly understood by its users or not subject to rigorous checks can potentially cause massive damage to a business.

Rogue Trading

Banks need to start being more aware when it comes to the matter of rogue trading. This needs to be for the long term rather than just trying to appease staff, investors and the media in the short term. The preventative methods should be ongoing and a consistent process. It is no longer sufficient to just merely comply with regulation as this has clearly not worked in the past, as this report will outline. Instead, the financial industry needs to wake up to the fact that rogue trading events have occurred and will occur if the organisation’s approach does not change.

Lepus Risk Systems Providers Directory

Time is running out. Now, while supplies last, you can still order your copy of the Lepus' inaugural Lepus Risk Systems Providers Directory. Exclusively from Lepus, the Lepus Risk Systems Providers Directory is the only single comprehensive source of product data on the providers of risk management technology.

From the desk of the research team…

Stress Testing - Ever heard of it?

Stress testing has not only been in the press recently, but the subject of many conversations the Lepus research team has been having with those in the industry on an ongoing basis. However, in the real world, various banks and global regulators may have disparate and conflicting definitions of stress testing. Many of the worst affected institutions were not prepared for such sustained periods of illiquidity, as their simulation horizons had been far too short.