• Login
    Your ProfileLogout
  • join
  • about reply
Avantage Reply Logo
Menu
  • About Us
    About Us
    • About Us
    • History
    • Our Approach
    • Values
    • Alumni
    • Strategic Partners
    • Media Contacts
    • Contact Us
  • Our Capabilities
    Our Capabilities
    • Our Capabilities
    • Risk
    • Finance
    • Conduct & Compliance
    • Technology
  • Newsroom
    Newsroom
    • Newsroom
    • News
    • Events
    • Press Articles
    • Blog
    • Academy
  • Publications
    Publications
    • Publications
    • Briefing Notes
    • White Papers & Practical Guides
    • Case Studies
    • CRO Insights Journals
  • Career
    Career
    • Career
    • BELGIUM
    • FRANCE
    • ITALY
    • LUXEMBOURG
    • NETHERLANDS
    • UK
  • about Reply
  • join
Avantage Reply Logo

Search

Focus On

Case Study

Crisis Recovery Plan

FOCUS ON: Case studies,

In order to exercise the annual update of the Crisis Recovery Plan of the subsidiary of a large French bank and improve the coherence with the Group’s guide, the client has requested Avantage Reply to update and reinforce their Crisis Recovery Plan report with the focus on the Governance, Business activity analysis, the coherence with Contingency funding plan and the Group’s guide.

THE CLIENT

The client is the Luxembourg branch of a large French Group acting as a multi-specialist bank, offering services to business customers, institutional investors (Securities Services) and high net worth individuals (Private Banking) via its highly active trading room.

THE CHALLENGE

The client was looking to conduct an annual update of their Crisis Recovery Plan, as they were facing challenges in following the guide of the Group and in maintaining consistency on all its components with the holding. The previous year plan was lacking a well-established governance of Crisis Recovery Plan and the business activity analysis needed an updated assessment of all business lines.

APPROACH AND SOLUTION

Following the Group guide, the client has decided to set up an action plan to conduct an updated Business Model Assessment and a comprehensive governance framework associated to the Crisis Recovery Plan consistent with internal processes.

Avantage Reply has assisted the client of the following key components:
  • Discussion with Business lines and Finance teams to complete the Business Model Analysis;
  • Census of key business lines’ vulnerability and associated risk drivers to have a better view of key material risks;
  • Set-up and implementation of the governance framework of The plan through various workshops conducted with the client;
  • Discussion with ALM team to keep the plan aligned with the Contingency Funding Plan; and
  • Guidance on ensuring an appropriate consistency with the Group to keep aligned with the Guide.

RESULTS AND BENEFITS

As a result of our project, the client was complying with the Group standards by achieving the following:

  • Validation of a Business Model Analysis by the business line through a vision of activities’ vulnerabilities and associated risk drivers;
  • Alignment of a well-established governance with the Group’s Guide: process of escalation, the roles and responsibilities of Committees, the governance after the activation of the plan;
  • Detailed analysis of the dynamic of tolerance thresholds leading to the activation of Crisis Recovery Plan;
  • Improvement in coherence and consistency in the Contingency Funding Plan; and
  • Update in the Crisis Recovery Plan has been sent to the Group in order to be submitted to the supervisor.

RELATED CONTENTS

Case Study

Identification of Financial Risks Associated to Climate Change

Avantage Reply supported a UK subsidiary of an Asian G-SIB that provides services to both retail and corporate customers to ensure all of its financial risks associated with climate change are identified and managed appropriately across its businesses.

Case Study

Review of Stress Test Methodology for Financial Risks Associated to Climate Change

Avantage Reply assisted a UK subsidiary of an Asian G-SIB with an independent review of its stress-testing methodology for financial risks arising from climate change.

Case Study

COST-BENEFIT ANALYSIS POLICY PROPOSAL

A leading trade association for the UK banking and financial services sector was looking to respond to one of the UK government bodies’ call for evidence on regulatory coordination in respect of recommendations for improving Cost/Benefit Analysis (CBA) by financial-services regulators in the UK. Avantage Reply was able to finalise the policy paper for the client to successfully submit their response to the UK regulator within the required timeframe.

 ​
 
 
 
Reply ©​​ 2021 - Company Information -
 Privacy
  • Abou​t Reply​​
  • Investors​​​
  • Newsroom
  • Follow Reply on
  • ​
​
  • ​About Avantage ​​Reply
  • Privacy & Cookies Policy
  • Information (Client)​
  • Information (Supplier)
  • Information (Candidate)