Risk & Compliance

News & Communication

Avantage Reply and Xuccess Reply's Risk & Regulatory Academy

The Academy will provide continual training and education for our staff members in our twelve offices in Europe and the United States and is also open to clients.

Regulatory & Compliance

Service

Internal Audit Support

Internal audit functions are faced with an increasingly challenging external environment driven by on-going regulatory change, macroeconomic factors and a competitive environment. Avantage Reply can provide a wide range of internal audit and assurance initiatives within a number of areas.

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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

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.

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.

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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.

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

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.

SRM

White Paper

The Single Resolution Mechanism: Stock take and looking forward

This White Paper takes stock of the current state of play of the resolution framework in the Banking Union, a little bit over one year after the entry into application of the Single Resolution Mechanism, and contemplates the associated challenges (as well as opportunities) for banks in that context.  

The Single Resolution Mechanism Stock take and looking forward 0

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).