Webinar: The New World of Liquidity Risk Management: Is Survival Assured?
Now available for on-demand viewing | Duration: 1 hour
A critical and painful lesson learnt in the aftermath of the global financial crisis is that liquidity evaporates when it is most needed and thus requires to be managed far more robustly in preparation for the next crisis. Regulators and the financial services industry have acknowledged this and have placed the management of liquidity at the forefront of regulations and business strategies respectively.
However there are many in the industry that fear the far reaching implications of Basel III, Dodd Frank and other regulations will have a detrimental impact on overall profitability. Despite this, the industry recognizes that they will be operating under a much tougher regime and thus have embarked on aggressive programs to ensure continual compliance with each of the regulatory requirements. But in reality this has unearthed a number of operational challenges, which banks continue to grapple with.
Banks now face an array of new definitions, guidelines and requirements related to tracking and managing liquidity risk. Key among these is the ability to optimize liquidity management and achieving compliance given various constraints emanating from the regulatory landscape and an uncertain market environment
At this free, one-hour Webcast, an expert panel from Oracle and Accenture will discuss some of the best practices involved in appropriately identifying, measuring, monitoring and controlling funding and liquidity risk -- and how to effectively create, implement and manage a risk infrastructure that can enable financial institutions to identify and analyze the interaction and correlations between liquidity and other risk categories, including market and credit risk.
Discussion points will include:
Recent industry and regulatory trends in liquidity risk management
Ramifications of the new regulations on a bank's business model – an overview
Current challenges in integrating risk and finance around these areas
Adopting an enterprise-platform approach that supports compliance and liquidity optimization
Zia Ishaq, Global Solutions Lead- Liquidity Risk, Oracle Zia has over 13 years of industry experience in Treasury / Risk Management and has worked closely with global banks to help formulate robust industry risk solutions to meet the demanding requirements of Basel III and other regulations, particular in the field of Liquidity Risk and Stress Testing.
Edison James, Partner, Accenture Edison James is a Partner with Accenture and brings over 20 years of experience in the Financial Services industry having led Business transformation, Global Finance, Risk and Treasury implementations at Banking, Capital market and Insurance clients.