Treasury software group Visual Risk is partnering with independent treasury advisor Zanders to provide the latter’s clients with the opportunity to add analytic input from its Cashflow-at-Risk system to supplement their FX, interest rate and commodity risk management advisory projects.
“Macro global market conditions are increasingly volatile and this will likely be exacerbated when interest rates start rising to more ‘normal’ levels,” said Richard Hughes, managing director, Visual Risk. “Inevitably, market risk management is developing as a major focus for corporate treasuries in Europe and, as such, we are delighted to forge a closer collaboration with Zanders.”
Judith van Paassen, a partner at Zanders, added: “Our risk management projects commonly cover the identification and measurement of exposures and the design of robust and sustainable risk management policy and processes.
“Increasingly, our clients are interested in advanced risk modelling techniques such as Cashflow-at-Risk. Visual Risk helps them see their market risk positions modelled in a specialist analytic tool which applies dynamic Monte Carlo simulations to stress-test market conditions and model their hedging strategies.”
Far and away, the largest financial market on the planet is the foreign exchange currencies market, where on average individuals and organisations trade more than $5 trillion daily. In the FX world, the ability to master the market isn't considered a luxury for treasury officers–it's a necessity.
Using data for predictive analytics is the future of banking success, argued Jean-Laurent Bonnafé, CEO of BNP Paribas, in his session on how the bank is reinventing its approach to innovate with and for corporates.
The top five sectors Asian fintech investors are interested in are data analytics, blockchain, lending, payments and regtech, according to Gary Hwa, EY regional managing partner.
On the third day of the Singapore Fintech Festival conference, there was a focus on specific applications of fintech innovation. One was trade finance, which is clearly is ripe for a revolution.