The Basel Committee on Banking Supervision has published for comment its findings and recommendations on the range of practices and issues in economic capital modelling. This work focuses on the use of economic capital measures, governance processes, risk measurement and aggregation, and the validation of economic models. Klaas Knot, chairman of the Basel Committee’s Risk Management and Modelling Group and division director of Supervision Policy for the Netherlands Bank, said: “The paper presents the current state of practices in economic capital modelling. It discusses the steps banks have taken to address the modelling challenges they face and reviews supervisory concerns relating to current bank practices.”
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more