Results for ‘Modelling’

Why Banks are Shifting to Open-Source Model Software for Financial Risk Management

Banks perform data analytics, statistical modelling, and automate financial processes using model software, making model software essential for financial risk management.  Why banks are recently moving their model software to open-source1:  Volume dependent costs: Open-source comes with flexible storage space and computation power and corresponding costs and capacity.   Popularity: Graduates…

Financial risk management modeling

When risk models are misused or flawed the consequences can be significant. We make sure your model landscape is continually optimized and well maintained.

Regulatory exemptions during extreme market stresses: EBA publishes final RTS on extraordinary circumstances for continuing the use of internal models

The Covid-19 pandemic triggered unprecedented market volatility, causing widespread failures in banks' internal risk models. These backtesting failures threatened to increase capital requirements and restrict the use of advanced models. To avoid a potentially dangerous feedback loop from the lower liquidity, regulators responded by granting temporary exemptions for certain pandemic-related…

The Ridge Backtest Metric: Backtesting Expected Shortfall

Challenges with backtesting Expected Shortfall Recent regulations are increasingly moving toward the use of Expected Shortfall (ES) as a measure to capture risk. Although ES fixes many issues with VaR, there are challenges when it comes to backtesting. Although VaR has been widely-used for decades, its shortcomings have prompted the…

Exploring IFRS 9 Best Practices: Insights from Leading European Banks

Across the whole of Europe, banks apply different techniques to model their IFRS9 Expected Credit Losses on a best estimate basis. The diverse spectrum of modelling techniques raises the question: what can we learn from each other, such that we all can improve our own IFRS 9 frameworks? For this…

SaaS PRIIPS

BASEL IV & Real Estate Exposures 

The Basel IV reforms published in 2017 will enter into force on January 1, 2025, with a phase-in period of 5 years. These are probably the most important reforms banks will go through after the introduction of Basel II. The reforms introduce changes in many areas. In the area of credit…

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Treasury 4.x – Trends for Insurers

The productivity and performance of the treasury function within insurance companies have undergone a transformative evolution, driven by the emergence of what is now termed Treasury 4.x. In this digital era, characterized by rapid technological advancements, Insurance Treasury is transitioning towards a more dynamic and strategic role. Treasury 4.x is…

IFRS 9 – Differences and Similarities Across European Countries

Watch our webinar on-demand for an engaging panel discussion where experts from leading European banks delve into the practical challenges of reporting ECL under IFRS 9. Gain valuable insights as panelists compare experiences across key markets including the UK, Nordics, Germany, and the Netherlands. Join Pieter de Boer, Head of…

Zanders acquires RiskQuest to grow team to 450 and expand service suite

Utrecht, The Netherlands – April 9, 2024 – Zanders, a renowned global financial performance consultancy firm, announced today the successful acquisition of RiskQuest, a leading Dutch-based risk consultancy firm. This strategic move follows the acquisitions of Optimum Prime in January and Fintegral last year in July by Zanders and is…

European committee accepts NII SOT while EBA published its roadmap for IRRBB

The European Committee (EC) has approved the regulatory technical standards (RTS) that include the specification of the Net Interest Income (NII) Supervisory Outlier Test (SOT). The SOT limit for the decrease in NII is set at 5% of Tier 1 capital. Since the three-month scrutiny period has ended it is expected that…

Quantifying physical climate risks for a banks mortgage portfolio

Recent changes in the MaRisk require banks to incorporate ESG risks into their internal capital adequacy assessment. During this webinar, we will present the methodology as well as the impact incorporating physical risk factors into a mortgage portfolio valuation, focussing on flood risks. You will gain practical insights from a…

Zanders Risk Management Seminar 2024

Program TimeSessionPresenterAbstract13:00 - 14:00Walk-in & registrationWelcome to the Zanders Risk Management Seminar!Don’t forget to pick-up your name badge at the registration desk and grab a cup of coffee or tea before we kick off the event.14:00 - 14:15WelcomeRob Naber, Chairman at Zanders & Sebastiaan Marban, Partner at RiskQuestWelcome all to…

Six years after the introduction of IFRS 9: Where do we stand? 

We touch upon the main difficulties experienced by financial institutions in the Netherlands based on a combination of project experience, results of a survey, main attention points from the eyes of the regulator and observations from publicly available annual reports. Interested to learn more about the IFRS 9 framework components…

Zanders announces acquisition of Optimum Prime, enhancing its end-to-end services offerings

Utrecht, The Netherlands – January 11, 2024 – Zanders, a leading name in financial performance consulting, announces today the acquisition of the Dutch boutique software consultancy, Optimum Prime. This is a significant milestone in the journey toward enhancing its quantitative risk advisory capabilities and expands the service portfolio of Zanders…

The 2023 Banking Turmoil

Early October, the Basel Committee on Banking Supervision (BCBS) published a report[1] on the 2023 banking turmoil that involved the failure of several US banks as well as Credit Suisse. The report draws lessons for banking regulation and supervision which may ultimately lead to changes in banking regulation as well…

Zanders announces acquisition of Fintegral to enhance risk management solutions

Utrecht, The Netherlands – July 28, 2023 - Zanders, a leading global provider of treasury, risk management and technology solutions, today announced the acquisition of Fintegral, a renowned European risk consulting firm. This strategic acquisition strengthens Zanders' commitment to delivering comprehensive risk management solutions to its global clients. Fintegral, known…

About Zanders

Our team of experts has extensive experience in supporting multinational corporations, financial institutions, public sector entities and NGOs. Since our founding in 1994, we have been dedicated to providing our clients with innovative and practical solutions to their financial challenges. Over the three decades since, Zanders has provided the minds,…

Climate risk & ESG

Integrating environmental and social considerations into corporate decision-making can stack up benefits on your balance sheet. We help you calculate your journey to net zero.