UNDERSTANDING RISK IS THE FIRST STEP TO MITIGATION
In today’s rapidly changing financial landscape, having a solid understanding of risk management is crucial for businesses to thrive. At Aspect Advisory, we pride ourselves as risk management experts who have successfully assisted numerous clients in the financial services industry with their risk assessment and risk management needs.
RISK MANAGEMENT SERVICES
Whether it’s market volatility, economic uncertainties, or regulatory changes, our team of risk management experts is equipped to provide the expertise your organisation needs. With our in-depth knowledge and experience in the financial services space, we ensure that our clients are prepared for any potential threats that may arise.
RISK IDENTIFICATION AND QUANTIFICATION
- Detailed review, identification, and prioritisation of relevant open and hidden risks
- Defining metrics and classification schemes to quantify measurable and immeasurable risks
- Complementing probabilistic risk models with customised plausible stress tests
RISK APPETITE
- Align business strategy to risk appetite and define appropriate levels of risk
- Assist organisations to interpret and roll out Group risk appetite to all business units
ERM AND GOVERNANCE
- Design ERM frameworks on economic capital, stress testing, and ALM principles
- Detailed review of existing risk taxonomy
CAPITAL, SOLVENCY AND LIQUIDITY REQUIREMENTS
- Design frameworks to optimally deploy capital at all business unit levels
- Implement risk-adjusted performance to ensure profitability and accountability of risk taking
DRIVING BUSINESS PERFORMANCE
- Design and implement analytical frameworks for planning financial goals, use of capital and liquidity resources
- Enhance business planning by incorporating uncertainty, competitors’
REGULATORY COMPLIANCE
- Identify new business opportunities on the back of regulatory requirements aligned with the Basel Committee on Banking Supervision, including digital banking regulations
- Assessment of capital regulation requirements
- Maximise competitive advantage through optimal implementation
- Basel Standardized approach, F-IRB, A-IRB modelling
- IFRS Expected credit loss modelling, including TTC to PiT model development
ENVIRONMENTAL, SOCIAL AND GOVERNANCE
- ESG Stress Testing, scenario testing and sensitivity modelling
- Transition risk modelling
- Benchmark and industry analysis
DIGITALISATION
- Assessment an institution’s data sources and data flows
- Data warehouse design and development
- Centralised and real-time model automation
- Automated model validation, unit tests, stress tests and back testing
- Cloud migration, architecture, and development
- ETL pipeline design and implementation
