The Lepus Risk System selection tool is designed to assist you and your organisation in finding the most suitable and effective risk management vendor for all your risk management solution needs. Incorporating over 200 different risk attributes from a total of 27 different vendors the Lepus Risk System Selection Tool allows you to select those attributes and areas of risk which are most relevant to your particular needs and to rank them in order of importance. The Lepus Risk System Selection Tool will then generate a list of the most appropriate risk management vendors based on your selections along with detailed product data on the various products each vendor offers.
Over the last two months, the severely compromised reputation of the financial services industry has been damaged even further by revelations that the London Inter-Bank Offered Rate (LIBOR) has been manipulated by at least one of the banks on the panel that sets these rates since 2007. Lepus has published the results of an online survey of banking industry professionals that examines their opinions on the LIBOR rate manipulation scandal. The survey gathers insight from 103 respondents from 44 banks across the globe, and yields some very interesting results.
Sponsored By QlikView
Business and risk have always been seen to go hand-in-hand. The higher the risk, the higher the return. The recovery period, over the last five years since the global recession, has become even more difficult to navigate due to distress in the Eurozone and fiscal tightening around the world. Many organisations have had to scale back on their high risk policies and attempt to stabilise their portfolios. As such, the need for banks to strengthen their risk management framework has become vital.
Sponsored by SAS
The extreme volatility in financial markets that has been experienced over the last four years has brought counterparty credit risk to the fore. Anaemic economic growth and a scarcity of credit have blighted some of the most prominent economies of North America and Europe, a situation that has been exacerbated markedly by the unrelenting currency crisis in the eurozone. As a result, confidence in the ability of financial institutions and corporates to fulfil all their obligations to counterparties is gradually ebbing.
Over the last two years, banks have been inundated with a range of punitive regulations, requiring them to hold capital against many aspects of the risk profile that the previous framework had neglected. Among the first set of regulatory proposals to be enforced is the revised market risk framework, which supplements the traditional VaR-based approach with Stressed VaR, Incremental Risk Charge (IRC) and Comprehensive Risk Measure (CRM). The IRC is intended to cover the omnipresent risk in the trading book of credit migrations and default, which VaR does not capture fully.