In this paper, we explore the overlap between PFE and CVA (the core of XVA), review the Basel Committee’s consultative and final documents, and assess whether banks should, and ultimately will, move toward a single unified system for calculating both PFE and XVA.

A next-generation risk system must provide automation, flexibility, and real-time data to empower both credit analysts and risk managers. Use this in-depth checklist to make sure you're getting the most out of your search for a new risk system.

SRT refers to financial mechanisms through which banks transfer part of their credit risk on a specified portfolio to external investors. In this paper, we’ll explore the foundational concepts of SRT, examine the historical evolution, discuss why the market is growing rapidly and highlight the role of regulation and global expansion in shaping this growth.

This whitepaper, written by Quantifi and Alba Partners, examines effective crisis management and highlights the importance of investing in resilient systems and reliable analytics.

Learn how the best credit risk systems are having a transformative effect on proactive counterparty risk management by addressing key challenges and providing innovative solutions.

Banks often find themselves dependent on legacy solutions that were implemented years, if not decades ago. These solutions, while reliable in the past, can become a significant liability as newer, more sophisticated technologies emerge.

This paper covers the fundamental concepts of the RAG Workflow and it illustrates particular examples where this technology can be applied effectively in
trading scenarios and analysis.

Allocators would benefit from updating their approach to these products to gain clear insights into the associated risks, avoiding misinterpretations driven by inappropriate and flawed numbers.

This research looks at future influences and trends for banking risk management systems covering investment, system environment, regulatory influence, effect of AI, and current and future financial and non-financial risk priorities.

Commodity trading firms face heightened complexity amidst volatility in today's market. Holistic credit risk management is crucial and firms have been prompted to reassess practices to navigate risks effectively.

By analysing WWR and jumps-at-default, the Fed aims to gain a deep understanding of the potential vulnerabilities within the banking system.

As non-bank entities gain significance in financial markets, regulators must adjust supervision to tackle emerging risks effectively.

FtF bonds are among some of the most challenging fixed income instruments. While most banks tend to develop FtF models in-house, hedge funds trading FtFs may find the implementation challenges too difficult to tackle.

The CVA swap market is predicted to play a key role in financial markets in the imminent future. While significant risk transfer and capital relief trade transactions have become established practices, CVA swaps have only recently entered the trading arena.

Banks, investment firms, and other market participants value and manage large notionals of interest rate derivatives, bonds, loans, structured products, and other cash instruments that are sensitive to changes in interest rates.

Building an accurate and robust interest rate curve has significant implications for setting benchmark rates to managing risk.

The main hurdles in transitioning from LIBOR to SOFR are the fundamental difference between the two rates and the need for increased liquidity in the SOFR derivatives market.

This paper examines the distinctive challenges in risk management that commodity trading firms face and how they are responding to such risks to endure market disruptions.