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.”
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.
Kicking off day two of the Singapore Fintech Festival, Deloitte Chairman David Cruikshank said that fintech is significant for three reasons. First, customer expectations of services are higher than ever. Second, barriers to entry are lower than before. And finally, financial institutions (FIs) face a threat of what a competitor might do.
The EU and US’ shift in accounting standards may bring balance sheet losses and increase credit risk, according to James Elder, director of risk services at Standard & Poor’s (S&P) Global.