Keyword

Risk Management

Banking System Solidity

Briefing Note

Capital adequacy, cost of the risk and profitability: during a crisis, a real puzzle for Banks

Source: Avantage Reply Observatory
Following the burst of the real estate bubble on the US sub-prime lending market and following the bankruptcy of Lehman Brothers, the worst economic crisis since 80 years has now passed through, and in some cases overcome, different stages, both from a real and from a financial point of view. In such a context, the banking industry is still facing several and complex challenges.

Best Practice

Why risk consulting?

Reply offers the ideal environment in which to gain experience in other risk disciplines (e.g. credit, market or operational risk), extend your technical knowledge in areas such as quantitative abilities, and develop your strategic planning and client-facing skills.

Case Study

Support to Compliance Function

In the context of the extension of its activities and the integration of recently acquired businesses, the Luxembourg subsidiary of an international banking group sought to identify relevant risk, treasury and capital management regulatory requirements, and to assess whether its current operating model and capabilities were adequate. Avantage Reply supported the client’s Compliance Function by undertaking a review of existing requirements, developing a user-friendly tool, and providing training sessions.

Case Study

Pre-Arrow visit Preparation and Support

The UK incorporated entity of a leading global investment firm sought to prepare for its forthcoming FSA Arrow review, following previous reviews where the regulator identified it as falling short of its peers. Avantage Reply worked closely with the client’s Risk and Compliance Departments to fully prepare and support senior management before and during the Arrow visit, which concluded with a positive outcome.

Case Study

Establishment of a Global Treasury function following an acquisition

A leading custodian bank was establishing a full service Global Treasury in Europe as a platform for growth following a recent acquisition, and sought to build a robust infrastructure in a compressed timescale. Avantage Reply worked closely with the Head of Regulatory Reporting to deliver the FRS reporting solution for the expanded Treasury functions.

Case Study

Implementation of EMIR and CRD IV Counterparty Credit Risk Capital Requirements

Avantage Reply evaluated the impact of EMIR and MiFID 2/MiFIR, and identified the ‘touching points’ between CRD IV, EMIR and MiFID, focussing on the front to back infrastructure implications as well as the risk and reporting implications. Avantage Reply delivered solutions that enabled the businesses to continue to maintain their operating model and service offerings, providing recommendations on how the potential impact of the regulations could be minimised. We further assessed the merits of alternatives or amendments to the existing businesses and/or operating models.

26.06.2012 - 27.06.2012

Event

Basilea 3 2012

Avantage Reply attended the annual event organised by ABIEventi focused on the themes of Basel 3 which was held in Rome from 26 to 27 June 2012.

11.05.2011

Event

Avantage Reply roundtable at Lloyd’s

On Wednesday 11th May 2011, Avantage Reply hosted a breakfast roundtable discussions at Lloyd’s in London. The topic of the discussion was based on Op Risk and introduced the shared service tool.

04.02.2011

News & Communication

Reply S.p.A. acquires avantage (UK), a Risk and Finance Consultancy operating within the field of Financial Services

Reply S.p.A. - listed on the STAR segment of the Italian Stock Exchange [REY IM] - has consolidated its presence in Europe with the acquisition of 51% of the shares and 90% of the voting rights of avantage (UK) Limited (“avantage”), a United Kingdom registered company specialising in the Financial Services market within the areas of risk, treasury and capital management, and financial performance management.