ALL WIDGETS

Title:
Approval status: Approved Pending Rejected

Case Study

Internal capital adequacy; assessment process (ICAAP) Design and Implementation

Through an extensive experience in SSM ECB SREP, Avantage Reply was engaged to lead and design the first ICAAP framework and its key components. It was mandated to define and implement the governance framework but also to provide subject matter support on risk models and capital management issues.

Case Study

Internal Stress Tests : Governance framework and P&L modeling

In line whit the annual internal stress test exercice, the client requested Avantage Reply to provide subjet matter expert to model P&L components and ensure the proper implementation and steering of the governance framework.

Case Study

Leverage ratio: Budget forecast and modelling

The client was seeking to develop a projected leverage ratio in line with budget assumptions and forecasts in order to strenghten its capital management steering. Avantage Reply assisted the client to design and implement a simple model and associated tool to project the Leverage ratio under different scenarios.

Case Study

Crisis Recovery Plan

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.

Case Study

Risk Appetite Framework Reshaping and integration into budget processing

As part of the annual review of the Risk Appetite Framework, the clients decided to reshape and redesign its framework to better integrate it with other internal processes such as the strategic plan, the budget process and the ICAAP.

Case Study

Regulatory Reporting Support

The bank needs the assistance to Luxembourg Regulatory Reporting team in reviewing the statistical reporting procedures, namely S-b-S (Titre Par Titre), SEPA (PS), BOP (Balance of payment) and BoP statec, and training the new resources arriving from a newly acquired company on these reports.

Case Study

IRRBB Methodological support and strengthen the operational process efficiency

Avantage Reply was requested to assist the client in reviewing and strengthening the IRRBB framework in terms of both methodological support and operational process efficiency to comply with the Group’s standards in the computation of NPVaR and NIIaR metrics.

Case Study

EMR Gap Analysis FINREP, COREP, LEVREP

Under its Regulatory Reporting Remediation Programme (RE³), the client was reviewing the Governance of the production process of the Financial Reporting (FINREP), Common Solvency Ratio Reporting (COREP) and Leverage Ratio Reporting (LEVREP). The Bank mandated Avantage Reply to provide a benchmark of the production process of its regulatory reporting in the Bank against the Group process through a Gap Analysis.

Case Study

ILAAP Design and implementation

In order to improve institutions’ ILAAP framework, the client has requested Avantage Reply to reshape and reinforce their ILAAP report with the focus on improving the governance, completing the report with the part of risk identification and initiating an internal liquidity stress testing framework.

Case Study

Data Governance Assessment

The client is a European Private Bank with Wealth Management operations. In the context of the expected transition to direct supervision of the ECB (European Central Bank), the client has requested Avantage Reply to assist in undertaking an assessment of its Data Governance Framework and Data Quality to provide the bank with a set of practical recommendations to ensure that the bank can satisfy the requirements of the ECB in light of BCBS 239 (The Basel Committee on Banking Supervision’s principles for effective risk data aggregation and risk reporting).

Case Study

Outsourcing Policy Update to align with new EBA and local requirements

Avantage Reply assisted a Private Banking group in the Eurozone to review of group Outsourcing policy. In light of changing European and national regulatory requirements that came into force in 2019, our client revised the internal processes and procedures regarding the management and oversight of both, intra-group and third-party outsourcing activities.

Case Study

KPI and Dashboard definition advisor

The Client is the Insurance arm of an international banking group. The client needed expertise to define Key Performance Indicators and design Performance Dashboards regarding all operations. Avantage Repy provided Finance and Strategy skills to understand and execute the client’s needs.

Case Study

New definition of default

Avantage Reply was asked to assist the client, a European D-SIB, in conducting an impact analysis on the application of the new requirements. Avantage Reply successfully implemented a custom SAS-based solution to evaluate the gaps between the current and the new definition.

Case Study

ECB’s forward-looking regulatory requirements and expectations

Avantage Reply assisted one of the largest banks in Luxembourg, in continuing to address the European Central Bank’s (ECB) supervisory expectations in an effective and proactive manner. Avantage Reply’s added value relied on a benchmarking analysis against peer firms in Eurozone, enabling the bank to better understand the forward-looking regulatory requirements that the Bank should comply with.

Case Study

BACKTESTING LOSS GIVEN DEFAULT MODELS

Avantage Reply supported a large European bank based in Luxembourg in automating the back-testing of their retail models. The bank had a manual and tedious process, which required a lot of manual manipulations. Avantage Reply automated the whole process using Python thus saving the bank important resources and improving the overall test procedures and back-testing guidelines.

Case Study

Validation of an Interest Rate Model

The client, a major European financial institution, requested the assistance of Avantage Reply in the review and validation of the Negative Interest Rates Model. This model estimates the potential losses of interest rate variability and supports negative interest rates.

Case Study

Maintenance & user assistance of a regulatory credit risk database

The client is a European Investment Bank with global operations. Its expertise covers Corporate & Investment Banking, Private Banking, Asset Management, and Specialised Financial Services. The client requested Avantage Reply to relocate its database system for CoREP computation to another European country and maintain it for several years.

Case Study

CFO Assistance

The client, a G-SIB specialised in Private Banking and Asset Management, Trade Finance and Corporate Banking, needed support to produce their BASEL III regulatory reporting in line with EBA ITSs.

Case Study

Capital Management Action Plan

Avantage Reply was engaged to assist the client implement required actions to integrate the ICAAP process into strategic-decision making processes.

Case Study

IT Department Management Reporting Re-engineering

Our client is the IT department of a European retail bank and insurance company. They require future-proof financial reporting to be available to the managerial levels of their organisation. To achieve these ambitions, we defined a new reporting framework together with our client, and built & implemented the necessary tools and processes on that foundation.

Case Study

AML Remediation Program

A bank requested the engagement of Avantage Reply in August 2019 to support them with the implementation of the AML action plan and the recommendations imposed by the Supervisory Authority for the implementation of AML regulations within the Belgium financial sector.