risk-management

Risk management advisors are playing an increasingly important role in helping organisations establish and manage captive insurance structures that provide greater control over risk financing, improve resilience and support strategic risk management objectives. The evolving role of captive advisors goes Read More ... The post Risk Management Advisors: Driving Innovation and Impact in Captive Mana…

I've often seen 2-3 different ways factor models are constructed, but I don't understand when do you use one approach, the benefits. I do have some intuition but really looking for some industry context here Long-Short portfolio based on some ranking : Eg. Take P/B ratio sort all stocks and then create a ranking, go long the top quantile and short the bottom. You've a value factor portfolio. Do s…

For Middle Layer NBFCs, regulatory compliance has become increasingly intertwined with governance, risk management, technology, outsourcing, customer conduct and supervisory preparedness. The Reserve Bank of India’s Scale-Based Regulation framework places greater regulatory intensity on NBFCs as they move beyond the Read More ... The post Compliance Function Training for Middle Layer NBFCs: RBI R…

Most BFSI institutions run risk training every year, yet many struggle to answer a simple question, is this training actually closing the capability gaps that matter most to the institution right now. Training calendars are often built around what was Read More ... The post How BFSI Institutions Can Conduct a Risk Training Needs Assessment first appeared on Risk Management Association of India .

Inside the $1 trillion repo market: SOFR transition, 56-to-1 Treasury basis trades, Fed standing facilities, and the 2019 and 2020 liquidity crises. 📊 Deep Research 🎥 Watch Video: https://youtu.be/D28mk_bOO4c Topics: quantitative finance, investment analysis, financial education, financial research, market analysis

The banking industry is entering a new phase where data is emerging as one of the most valuable strategic assets. As artificial intelligence (AI) adoption expands across financial services, banks that can effectively collect, manage and analyse data will gain Read More ... The post Data Becomes a Strategic Competitive Advantage first appeared on Risk Management Association of India .

Every backtest has to answer a boring question: when the strategy says "buy," what price does it actually get? Most backtesting frameworks answer this question badly by default, and the badness is almost always in the strategy's favor. Here are the four assumptions that do the most damage, roughly in order of how often they show up. Mid-price fills If your backtest fills orders at the midpoint of…

What is the Risk Neutral Measure? I don't believe this has been answered on the internet well and with all the parts connecting. So: What is the risk neutral measure/pricing? Why do we need it? How we calculate the risk neutral measure or probabilities in practice? What connection has risk neutral pricing to the drift of a SDE? Does this help with 3)?

Average strategy performance is one of the most common shortcuts in portfolio research. It gives the researcher a clean benchmark, a single reference line, and a simple way to compare one strategy against a broader group of similar strategies. In many cases, this is useful. But it can also be misleading. The problem is that an average hides dispersion. Two peer groups can have the same average r…

Humanities and Social Sciences Communications, Published online: 01 September 2026; doi:10.1057/s41599-026-08708-5 Asymmetric volatility spillovers and dynamic connectedness under uncertainty: evidence from BRICS exchange rates, the US Dollar, the Japanese Yen, and oil markets

India’s banking, financial services, and insurance sector is operating under a pace of regulatory and technological change that few institutions were built to absorb comfortably. RBI has reworked concentration risk, credit facilities, fraud risk, and loan recovery frameworks within a Read More ... The post Seven Risk Capabilities BFSI Institutions Must Strengthen first appeared on Risk Management…

Visa announced an enhanced version of A2A Protect, delivering real-time risk insights that help banks stop account-to-account fraud before money leaves customer accounts. The expanded solution introduces a new unified fraud score—Visa’s integration of Featurespace technology—giving financial institutions faster, clearer signals to detect more fraud while reducing unnecessary alerts. As account-to…

Reading Gatheral's The volatility surface , page 7. The model they are talking about is $$\begin{align}dS_t&=\mu_tS_tdt+\sqrt{\nu_t}S_tdZ_1\\d\nu_t&=\alpha(S_t,\nu_t,t)dt+\eta\beta(S_t,\nu_t,t)\sqrt{v_t}dZ_2\\\left[Z_1,Z_2\right]&=\rho dt\end{align}$$ where $S_t$ is a stock price, and $\nu_t$ stochastic volatility. There is an option on $S$ with price $V(S_t,\nu,t)$, and another asset $V_1$ depen…

Tan moves into the role after leading finance operations and school integration across Nord Anglia’s network of more than 90 international schools in over 35 countries Jing Kuan Tan has been appointed Interim Chief Financial Officer at Nord Anglia Education Nord Anglia Education has appointed Jing Kuan Tan as Interim Chief Financial Officer, moving an established member of its leadership team int…

Insider Brief Artificial intelligence may amplify financial runs even when each automated investor is following a seemingly rational strategy. That is the warning emerging from a series of simulated investment experiments conducted by researchers at Stanford University, the Deutsche Bundesbank, the European Central Bank and the University of Naples Federico II. Their findings suggest that […]

Central banks worldwide are increasingly focusing on the potential systemic risks created by the rapid adoption of artificial intelligence (AI) across financial markets and institutions. While AI offers significant opportunities to improve efficiency, risk analysis and financial services, its widespread Read More ... The post Central Banks Face Emerging Systemic Risks from Artificial Intelligence…