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FinArch - Articles and news items
The rebrand follows Wolters Kluwer Financial Services’ acquisition of FRSGlobal in September 2010 and FinArch in July 2012…
News • 16 July 2012 •
The acquisition strengthens Wolters Kluwer Financial Services’ leading global risk and compliance position…
May 2012 • 8 May 2012 •
In the words of Jaime Caruana, General Manager of the Bank for International Settlements, “the new standards are tough and they are meant to be…” The implementation of Basel III will be a significant hurdle for banks and financial institutions. It also has implications for Corporate Treasurers. FX-MM asked Nigel Lee, Chief Commercial Officer at FinArch, for his views on the wider implications of Basel III.
FX-MM: Please summarise the key measures that will come in with Basel III
Lee: The Basel III Framework has been designed to enable banks and financial institutions to better manage risk in a response to the deficiencies exposed by the financial crisis. Fundamentally, the Basel III rules are designed to strengthen the resilience of the global financial system.
FinArch is a market leader in integrated Risk and Finance solutions. Here, the firm’s Head of Risk and Capital Management, Nancy Masschelein, address your questions.
August 2010 • 16 August 2010 • FX-MM
FinArch is a market leader in integrated Risk and Finance solutions. Here, the firm’s Head of Risk and Capital Management, Nancy Masschelein, and Chief Commercial Officer, Nigel Lee, address your questions on managing liquidity in an integrated risk return management framework.
Nancy Masschelein: The recent crisis has demonstrated the need for a solid liquidity risk measurement and management system. In fact, this should be central to a bank’s integrated risk management framework. Such a framework should provide them with a common data architecture in which to store, manage and enrich data from all parts of the business. This common data architecture is essential if banks wish to maximise their return. In this respect, we should even speak of a common uniform ‘risk return measurement framework’. Central to the framework should be the calculation of not only liquidity risk, but also other risk types such as credit risk, market risk, operational risk…. It should even move beyond that: a solid framework should support both regulatory and internal risk calculations, such as Economic Capital calculations. And, in order to be fully efficient, the measurement of liquidity risk and other all risks is should be supported by a uniform Cash Flow Engine and a Fair Value Engine.
April 2010 • 17 April 2010 • FX-MM
FinArch is a market leader in integrated Risk and Finance solutions for the finance industry. Here, the firm’s Head of Risk and Capital Management, Nancy Masschelein, and Chief Commercial Officer, Nigel Lee, answer your questions on ensuring a sound liquidity risk framework.
February 2010 • 22 February 2010 • FX-MM
Liquidity risk management strategies will have to be reviewed and upgraded to comply with the incoming, mandatory, additional reporting requirements from the UK’s Financial Services Authority (FSA), as well as increased stress testing and reporting tools.