Market Gyrations Put Bank Risk Management Systems to the Test
October 18, 2022
A series of recent unprecedented events have disrupted traditional macroeconomic patterns used in bank risk modeling and left financial institutions wondering if the data and tools they use to measure market and credit risk are up to the task.
As market volatility spikes in a post-pandemic world characterized by surging inflation, rapidly rising interest rates and war, banks and bond dealers are scrutinizing their risk management processes.