Presently, financial regulators in leading financial centres strive to bring internal risk management procedures and methodologies to the level required by the current financial environment, with an increased scrutiny on a bank’s derivative portfolio and repo operations. However, the capacity to comply with current regulations puts a heavy burden on entities that lack the appropriate in-house expertise. Therefore, there is a growing need for a professional advice to either implement new requirements or audit and validate risk management frameworks and procedures developed in-house or installed by a third-party.

Numéraire Financial delivers risk management solutions on various levels:

• P&L reconciliation
• Developing the methodological framework for computations of
  • Value-At-Risk (VAR) and Stressed Value-At-Risk(SVAR) as required by Basel Committee
  • Potential Future Exposure (PFE)
  • Credit Valuation Adjustment (CVA) due to the counterparty credit risk
  • Incremental Risk Charge (IRC) due to credit rating migration and default for unsecuritized credit products
  • Comprehensive Risk Measure (CRM)
  • P&L distribution and loss estimates
  • Effective Expected Positive Exposure (EEPE)