Keyword

Risk, Regulation & Reporting

Covid-19

White Paper

The New Normal: how Capital Markets can turn the Coronavirus threat into an opportunity

This unexpected crisis raises questions about the effectiveness and agility of banking models and existing risk management frameworks.

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Outsourcing

White Paper

Outsourcing: The Warning Bells Have Started To Ring

Over the last decade, financial institutions have become increasingly interested in outsourcing business activities in order to reduce costs, get access to new technologies and improve flexibility and efficiency. Find out more on outsourcing and third party risk management in our white paper, focusing on the EBA Guidelines and the pan-European regulation on outsourcing arrangements.

Outsourcing The Warning Bells Have Started To Ring 0

CSDR

Briefing Note

Overview of the Settlement Internaliser in the CSDR

The CSDR (Central Securities Depository Regulation) was put into effect in September 2014, with the objective of harmonising settlement process and systems across Europe, after the financial crisis. This briefing note focuses on the role of the Settlement Internaliser and its reporting requirements under this regulation.  

SFTR

Briefing Note

Securities Financing Transactions Regulation

The European Commission introduced the Securities Financing Transactions Regulation to increase the transparency of securities financing markets. Avantage Reply takes a close look at the implications, challenges and opportunities posed by the regulation. 

05.11.2019 - 06.11.2019 / London

Event

PRMIA ANNUAL RISK LEADER SUMMIT 2019

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.

Risk Management

White Paper

IT Risk

This Whitepaper sheds light on ECB, FCA and PRA Supervisory expectations regarding IT Risk Management and provides insights on how banks should address them.

IT Risk 0

SREP 2019

Briefing Note

SREP 2019: what can be learned regarding SREP 2018 outcomes?

This briefing note aims to present and analyse the key facts and main outcomes of the Supervisory Review and Evaluation Process 2018, as applicable in 2019.

Business Impact

Article

A Fintech Roadmap: next steps

Around 100 participants were present at EBA FinTech regulation and EBA roundtable meeting, during which were identified six areas for further analysis. These priority topics will leverage knowledge and expertise from participants in the EBA’s new FinTech Knowledge Hub, thus working on comparative assessment with a view to identify best practices.

11.06.2019 - 12.06.2019 / London

Event

Risk EMEA 2019

Avantage Reply takes part in the 8th Annual Risk EMEA 2019 Summit, the premier financial risk, regulation and technology summit, taking place in London on 11-12 June.

Financial Services

White Paper

Financial Services Outlook 2019

The Financial Services Outlook 2019 (FSO19) takes a look at some of the key themes of 2019, which will influence the C-Suite agenda within many European Financial Institutions. Starting from the overarching macro-economic and geo-political themes that will dominate the year, such as interest rate policy and Brexit, this publication offers a series of expert articles on key topics from the fields of Finance, Risk, Regulation and Technology.

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SREP

Briefing Note

EBA’S Revised SREP Guidelines

The comprehensive common EU SREP framework was established in 2014 and has been applied in practice since 2016. Following global regulatory developments, as well as the EBA's supervisory convergence assessments, specific changes were needed to reinforce the SREP framework.

01.11.2018 / Amsterdam

Event

Brexit Lunch

Avantage Reply is partnering with the Dutch Foreign Banker’s Association to discuss the impact of Brexit on Financial Services

14.11.2018 - 15.11.2018 / London

Event

PRMIA Annual Risk Leader Summit

Avantage Reply is partnering with PRMIA for its annual Risk Leader Summit, in London on 14-15 November. This is an invitation-only gathering for risk practitioners of CRO/MD level seniority in a Financial Institution, with 140+ eligible risk practitioners attending.

27.09.2018 / Luxembourg

Event

Anacredit Workshop with ECB

Avantage Reply will be hosting a Anacredit Workshop with ECB in Luxembourg. The workshop will provide an opportunity to share the experience on Anacredit implementation for institutions, take a look at functional requirements and IT architecture and learn from industry practices and solutions.

18.09.2018 / BRUSSELS

Event

ePrivacy

Avantage Reply hosts a compliance breakfast session on 18th September to discuss the new requirements of the ePrivacy regulations. The session will aim to enhance the protection of confidential electronic communications by aligning and strengthening the rules for electronic communication services with the new standards of General Data Protection Regulation.

11.09.2018 / BRUSSELS

Event

New definition of default brainstorming

Avantage Reply hosts a default breakfast event on the 11th of September their premises in Brussels. Learn about the IRB approach in submitting an application package for the new definition of default.

Banking

Article

BRIDGING THE GAP TOWARDS OPEN BANKING

Blue Reply, the Reply group company specialising in the design and implementation of solutions based on IBM Technologies, offers an operational model for open banking based on APIs and cybersecurity – aspects that place the focus on cloud-native architectural paradigms.

13.04.2018 / Data compliance

Press Article

Data Management

Five years after BCBS 239 risk data requirements were introduced, Rob Konowalchuk, Partner at Avantage Reply, investigates what’s changed and where banks are heading.

12.04.2018 / London

Event

Managing Interest Rate Risk: regulatory challenges and technology opportunities

On 12 April 2018, Avantage Reply will host an event on Interest Rate Risk in the Banking Book (IRRBB) in London.

22.03.2018 / Paris

Event

Anacredit

On 22 March 2018, Avantage Reply is hosting an event on AnaCredit in Paris.

08.03.2018 / Paris

Event

Stress Testing Roundtable

Avantage Reply is hosting a roundtable on Stress Testing in Paris on 8 March 2018.

02.03.2018 / Brussels

Event

Stress Testing Breakfast

Avantage Reply will be hosting a Stress Testing Breakfast in Brussels on 2 March 2018. The meeting will provide an opportunity to discuss the latest developments in the field of stress testing and their implications for Risk and Financial Management.

Stress tests

Briefing Note

BCBS/EBA: Latest Publications on Supervisory and Institution Stress Tests

This briefing note focuses on the key sets of guidelines on institutions' stress testing, highlighting areas that banks should carefully evaluate to address the requirements in a timely fashion considering compliance and associated operational issues.

08.02.2018 / London

Event

Model Risk Event

On Thursday 8 February 2018, Avantage Reply will host a Model Risk Management event in our offices at 38 Grosvenor Gardens. The event provides participants an opportunity to better understand the evolving regulatory requirements and discuss the industry approaches.

IRRBB

Briefing Note

EBA: latest developments regarding technical aspects of IRRBB

On the 31 October 2017, the EBA published a consultation paper. The objective is to consult on the revisions in the first quarter of 2018, targeting practical implementation by the end of 2018. This publication focuses on the implications of these latest developments for banks, highlighting areas that should be evaluated when addressing the requirements, considering all compliance operational issues.

18.12.2017 / Risk.net

Press Article

Basel delay does not ensure global FRTB consistency

The Basel Committee on Banking Supervision bowed to the inevitable on December 7, announcing a three-year postponement to the implementation of the FRTB, which had been due for January 2019. Lawmakers in the European Union had been thinking about delaying beyond that date, and the US transposition process has not even started. (Samuel Wilkes, Risk.Net)

FRTB

Best Practice

The new borders of Regtech in FRTB

Avantage Reply explains how the use of technologies such as Adjoint Algorithmic Differentiation and Machine Learning can support financial institutions both in the calculation process and in the active management of the new criteria for calculating the capital requirements envisaged for the management and mitigation of market risk, the Fundamental Review of the Trading Book (FRTB).

12.12.2017 / Luxembourg

Event

Model Risk Breakfast

On Tuesday 12 December 2017, Avantage Reply will be hosting a Business Breakfast meeting in its offices in Luxembourg. The Breakfast will provide an opportunity to discuss evolving regulatory requirements and industry approaches to the management of model risk with a focus on independent model validation.

TRIM

White Paper

Supervisory benchmarking and TRIM

In February 2017, the ECB launched the executive phase of the Targeted Review on Internal Models (TRIM). This White Paper provides both an update for the Credit Risk side and shares the common understanding related to the latest results and future points of attention. It also discusses the requirements for the design of the process and IT architectures supporting the regulatory exercises, as well as providing best practices for institutions.

Supervisory benchmarking and TRIM 0

CRO Insights Journal

CRO Insights Journal

Getting ready FOR the new general data protection regulation

There have been vast changes since the 1995 introduction of the Data Protection Directive that is being replaced. In this edition, we remind the legal framework and enter the discussion of how the GDPR is being handled by Banks. We share the lessons learned, the challenges and give recommendations. Finally, we welcome our readers to put themselves in the shoes of a DPO and tackle the complexity of GDPR with a PAI.

Getting ready FOR the new general data protection regulation 0

09.11.2017 / Lombard Risk

Event

How to Obtain Regulatory Certainty in the Face of Change

On 9th November, Rob Konowalchuk, Associate Partner will be one of the guest speakers to the regulatory webinar organised by Lombard Risk. The webinar is the opportunity to hear how firms can prepare for the array of uncertainty impacting regulatory compliance planning, ranging from what’s next from the PRA’s Rulebook Reporting Requirements, the European reporting roadmap and of course how RegTech innovations may change operational processes.

27.10.2017 / Luxembourg

Event

The continued regulatory focus on interest rate risk - Breakfast Event

On 27th October 2017, Avantage Reply hosts an IRRBB Breakfast Event in its offices in Luxembourg. The participants will have the opportunity to hear presentations on the changes in the regulatory focus regarding IRRBB, the complexity with an IRRBB tool and the implications for banks.

Regulatory & Compliance

Best Practice

Regulatory Reporting: Innovative solutions for Efficiency and Reliability

The Regulatory Reporting landscape is changing fast. What are the challenges and prioritisation for Banks? Discover the plethora of reporting requirements facing banks and the solutions Avantage Reply offers.

27.09.2017 / London

Event

The Lombard Risk Regulatory Conference

On 27th September, Avantage Reply will be speaker to the Lombard Risk Regulatory Conference. During the event, participants will hear directly from the regulator on upcoming regulatory changes, as well as enhance your industry knowledge through the lively presentations and panel discussions.

SREP

Best Practice

ECB/EBA: what’s new regarding the SREP and supervisory stress tests?

During 2017, the EBA and the ECB released several publications concerning the SREP process and supervisory stress tests. This Briefing Note focuses on the implications of these latest regulatory developments, highlighting areas that banks should carefully evaluate to address the requirements in a timely fashion, considering all compliance and associated operational issues.

26.09.2017 / Luxembourg

Event

AnaCredit Breakfast

On 26th September, Axiom is hosting an event on AnaCredit at Sofitel in Luxembourg. During the session Axiom will be covering business requirements with regulators specifically for Luxembourg. You will also be able to hear from one of our clients about their experience with the AxiomSL platform.

22.09.2017 / Brussels

Event

Data Quality & Automation in Insurance

On 22 September, Avantage Reply hosts a Data Quality & Automation in Insurance event. The audience will have the opportunity to discover the importance of data quality (NBB), a feedback on the Risk Data Quality Automation (Euler Hermes), a feedback on the Solvency II Closing Process Automation (P&V) and case studies (Avantage Reply).

18.07.2017 / London

Event

RRP Breakfast Roundtable

On 18 July 2017, Avantage Reply will co-host a Recovery and Resolution Planning client breakfast with Albany Beck at The Mercer in London.

19.06.2017 / Risk.net

Press Article

Quant Guide 2017: Imperial College Business School

In this article, Risk.Net gives an overview of the current trends in the finance and risk university programmes and how practitioners such as Avantage Reply actively collaborate to students' development.

Model Risk

White Paper

Model Risk Management

Models are an integral part of modern banking. They are used inter alia to price transactions, value portfolios and optimise returns. They are also a key cornerstone of the regulatory framework, used to determine required capital and liquidity. In this paper, we set out the key cornerstones of a modern model risk management framework. We start with an overview of the regulatory (i.e., mandatory) requirements, but then consider in greater detail other aspects of the framework, in particular those where some element of management discretion remains.

Model Risk Management 0

21.06.2017 / Milan

Event

Data Driven Banking

On 21st June, Avantage Reply gives a presentation on Blockchain between Regulator and Central Banks at the 'Data Driven Banking' event organised by ABIFormazione in Milan.

14.06.2017 - 15.06.2017 / Rome

Event

Unione Bancaria e Basilea 3 - Risk & Supervision 2017

Avantage Reply takes part in the event “Unione Bancaria e Basilea 3 - Risk & Supervision 2017” organised by “Associazione Bancaria Italiana” on 14 and 15 June in Rome.

Custody banks

Briefing Note

FCA plans review of custody banks’operational resilience

On 18 April, the FCA released their 2017/18 Business Plan describing their planned work for the coming year. Amongst their priorities relating to retail customers, technology and AML was an announcement from the FCA of planned supervisory interventions in the custodian banking sector.

01.06.2017 / Amsterdam

Event

The Future of Models

On Thursday 1st June, Avantage Reply sponsors the PRMIA event on the Future of Models. The event will take place at the Amsterdam Institute of Finance.

01.06.2017 / GDPR

Event

GDPR breakfast

On 1st June 2017, Avantage Reply invites you to the GDPR Briefing taking place in Brussels. The event offers the opportunity to discuss the legal framework, the implications as well as the IT impacts of GDPR.

Operational Risk & Data Robotics

White Paper

Operational Risk & Data Robotics

Data Robotics Solutions are emerging as a highly effective, yet practical approach for banks to reduce operational risk, improve efficiency, reduce costs and derive additional value. From Robotic Process Automation to machine learning enabled Intelligent Process Automation, banks that have started implementing these solutions are reaping the rewards, both from a financial and compliance perspective.

Operational Risk & Data Robotics 0

15.05.2017 / London

Event

What is the value of ALM under the new regime of IRRBB?

Who runs a bank today: The treasurer, the risk manager or the regulator? On 15 May, Avantage Reply will participate to the IRRBB webinar organised by PRMIA and FIS. Speakers will explain how interest rate management takes into account the treasury, the risk and the regulatory view.