27.03.2020 / Homeworking

News & Communication

Homeworking: Managing today and preparing tomorrow

Today, a worldwide virus forced homeworking in our lives. But at Reply we strongly believed in homeworking’s multiple benefits long before this virus changed our lives and habits. We analyzed numerous combinations, turned them into models, identified how to implement it smoothly and developed a strong methodology supported by a network of highly skilled experts to roll it out fast and efficiently.



IT & DevOps in Financial Services (The Phoenix Project)

If, like me, you have to interact with IT —and technology is vital for you or your clients — this excellent novel will enlighten your day-to-day work. The Phoenix Project was first published in 2013 and, in the fast-moving world of technology, one could view this book as ‘outdated.’ But no. The way it articulates the value of DevOps for organisations remains insightful. It remains useful. And it remains worth your attention. Of particular value is the presentation of the Three Ways — the principles from which all observed DevOps behaviours are derived.


News & Communication

Worried about Regulatory Reporting? We have the solution

Mounting regulatory requirements and scrutiny have caused banks to worry about their regulatory reporting requirements. Avantage Reply has extensive knowledge and expertise on dealing with different regulatory reporting issues.



It's all anyone is talking about...

It’s all anyone is talking about and, whilst I really wanted to write about something lighter, I was dragged back to the Reply Risk & Regulatory Academy, which has had the honour to run courses in Cambridge for many years. This led me to an incredible report published by the University there...

12.03.2020 / LUXEMBOURG


Governance, Risk and Compliance (GRC)

Sometimes, the hardest question a supervisor can ask of a firm is: Are you in control? Many firms are increasingly making use of Governance, Risk Management and Compliance (GRC) technology to answer this question, both to show that they are indeed, in control, and that they are taking active steps to improve the quality of the risk management process.

05.03.2020 / BRUSSELS


Lessons learned from an IFRS17 project

Now that the development phase of IFRS 17 projects is almost over, it is time to look back and learn from our experience. Avantage Reply has the pleasure to invite you to a breakfast of reflexion, take stock of where the other players stand and share your experiences to avoid common pitfalls.



Victor Hugo & the Green Swan: An Introduction to the threat of Climate Change on Financial Stability

There is something peculiar in the book released last January by the Bank for International Settlement and Banque de France, The Green Swan. The book builds on the concept of ‘black swans’ first introduced by Nassim Nicholas Taleb in 2007, but this time the swan is green. Green swans (or climate black swans), the authors argue, are extreme financially disruptive events resulting from climate-related risks.


News & Communication

“The ECB is coming”: Let’s have compliant data for regulatory reporting!

Following the 2008 global financial crisis, which had shown that the capacity of banks to manage risks during "stress" periods was insufficient, the Basel Committee took the initiative to publish the BCBS 239 standard.



The Laundromat Movie: Meryl Streep discusses Anti Money Laundering & Counter-Terrorism Financing

Few realise just how corrosive the effects of Money laundering and the financing of terrorism are on society. That’s why, when we have the opportunity to assist our clients with their Anti Money Laundering (AML) and Counter-Terrorism Financing (CTF) initiatives, I find it exciting and rewarding.



How to Teach Quantum Physics to Your Dog: Applicability to Financial Services

I had just finished reading Chad Orzel’s bestselling book ‘How to teach quantum physics to your dog’ last week when my colleagues presented what is perhaps one of the first concrete applications of ‘quantum-inspired’ computing in European banking. Before I turn to that, allow me to share a few words on Orzel’s book and how it got me to think about quantum computing in financial services…



ECB SREP 2019 - Key Challenges for Eurozone Banks

On 28 January 2020, the European Central Bank (“ECB”) held a press conference in Frankfurt on the Supervisory Review and Evaluation Process 2019 (“SREP 2019”). It highlighted a number of interesting developments in the Eurozone. Allow me to share with you my key take-aways regarding the first three based on his remarks and the Question and Answer session that ensued.



The difficult child of regulatory reporting

In this period of annual closing and maximum effort for all reporting teams, you will probably agree that there is one that is particularly daunting. I am of course talking about the Pillar 3 disclosures.



From the ski slopes of Davos: Do financial institutions have a responsibility to enforce climate and sustainability standards?

One of the main themes of Davos 2020 has been ‘climate and sustainability’. The World Economic Forum was most fascinating to me when it came to the clear divergence in thinking between financial institutions that want to cut polluters off from the financial system — and those that believe it is not the financial institution’s job to police the climate.



Regulatory Reporting: The Mote in The Banker’s Eye

Board members, Executives, Chief Financial Officers and Heads of Regulatory Reporting have plenty to fear as regulatory reporting by financial institutions comes under increasing scrutiny from regulatory bodies.



Click here to kill everybody - especially if you work in financial services

The number one mistake people make regarding technology is they don’t realise that, with smart devices, the internet can kill people. This is a real and relevant risk to the financial services industry, too.

19.11.2019 / London



On the 19th November, industry practitioners from Avantage Reply and Informatica will provide insights on how data governance is being applied across many different sectors to facilitate data analysis and meet challenges arising from IFRS 17 among others.

14.11.2019 / PARIS


Data Science & Machine Learning - How to improve Finance and Risk Functions

Avantage Reply and Alpha Reply will attend Data Science and Machine Learning Conference on the 14 November in Paris . This event aims to explore the practical application of techniques related to Data Science and Machine Learning to improve the practices of the functions "Finance" and "Risk".

07.11.2019 / Luxembourg


Reply Wine Tasting

Reply is hosting a special event on 7th November featuring a wine tasting and walking dinner. A brilliant opportunity to meet on an exceptional location and to taste exceptional wines.

06.11.2019 / PRA

News & Communication

PRA: Dear CEO, we intend to commission a Section 166 report

The PRA has published on 31 October 2019, a “Dear CEO” letter regarding the reliability of regulatory returns. The letter is relevant to the responsible senior management, Executive Management and Board of your firm. The PRA has issued the letter following an independent review recommending the introduction of formal third-party reviews of key prudential information provided by firms.

05.11.2019 - 06.11.2019 / London



Avantage Reply is partnering for the second year with PRMIA for its annual Risk Leader Summit. This is an invitation-only gathering for risk practitioners of CRO/MD level seniority in a Financial Institution, with over 150 eligible risk practitioners attending.

10.10.2019 / Paris


Reply Champagne Tasting along the Seine

Reply is hosting a special event featuring a champagne tasting and walking dinner on the 10th October 2019. On board of a yacht or in a tearoom on the docks, dive into a warm and marine universe…