Region America's                                 -->        Counterparty Risk        Form PF        Model Validation        Stress Testing        Region Europe                                    -->        Stress Testing                               Counterparty Risk                               Model Validation                               Region India                                       -->        Market Risk        Regulatory Reports        Risk Advisory Services        Stress Testing        Region APAC                                       -->        Counterparty Risk        CVA        Stress Testing        Regulatory Reports        Model Validation        Our Vision                                   Stress Testing   Form PF   Counterparty Risk   Market Risk   Risk Advisory Services   Model Validation         A Top Tier Global Investment Bank outsources their global counterparty stress testing work to Riskmatics Client Background   The counterparty exposure management group of a top tier global bank with business growing in all major global trading centers.   Business Challenge   The client, constrained by budgets and resources needed to build a comprehensive stress testing governance process. This process would stress across all asset classes and global locations, aggregate by counterparty stress exposures for all its global portfolios inclusive of trades unprocessed by its risk engines. The primary motivation was to attain regulatory capital relief by using stress results for some portion of exotic trades which needed manual handling, pricing and stress testing.   Riskmatics Counterparty Risk Management solution Group:   Since the inception of this relationship Riskmatics has expanded the coverage of stress testing from 80% to 99% of the client portfolio, covering all asset classes .The managed service has been instrumental in saving the bank close to 2 Billion Euros in regulatory capital through regulatory approved stress analytics, governance and a methodology framework.   The periodicity from a quarterly exercise has been brought to a bi-weekly incremental trade and monthly comprehensive stress testing of all counterparty exposure, aggregated with shortfalls flagged and highlighted for proactive risk management.   The scenario sensitivities have been used to deliver a variety of senior management reports, highlighting wrong way risk, collateral stress and wrong correlations, default and concentrations risks, liquidity profiles and distressed and watch list counterparty monitoring.   Hedge Fund Administrator leverages Riskmatics Var Reporting, Counterparty Exposure Management and Derivative valuation expertise to provide Form PF solution and Investor Risk Reports to its clients.   Client Background   One of the top ranked Hedge Fund Administrator with a large managed account client book.   Business Challenge   The client having had many years of providing fund administration expertise, having established very good relations with their client hedge funds wanted to provide the best service possible. Coming off of a failed multi-million dollar proprietary risk engine build, decided to white label our services to their clients.   Riskmatics Market Risk Reporting and Counterparty Risk Management solution Group:   Seamlessly integrated with our clients systems ,taking feeds from variety of hedge fund, pension fund and other private fund clients of the fund administrator (our client) and providing an outsourced solution to cater to the varied risk reporting needs of the member funds.