Credit decision making is arguably more difficult than it has ever been. We live in a world awash with data and with a huge array of potential useful credit risk signals. At the same time, the world has become more volatile, making accurate forecasts even more challenging. In this session, we will talk about some useful tools and strategies for better credit risk decision analytics. We will focus on bringing the following three areas together:
The evolving risks of the pandemic are forcing risk managers to reevaluate how they manage and measure risk. Model risk management is especially critical for models used in regulatory stress-testing and IFRS 9 exercises that rely on scenarios. From data and forecast methodologies to onboarding and monitoring, we will review key model risk management processes and provide best practices to help you navigate these challenges.
As the Asian economies are slowly starting to adjust to the new norm post-COVID-19, lenders face increasing challenges in identifying vulnerable credit exposures, stress test the resilience of their balance sheet under different recovery assumptions and re-direct lending to improve risk-adjusted profitability. In this session, we will discuss and share best practices on:
This presentation highlights best practices and innovative ideas in Commercial Credit Decision, focusing on the following aspects:
The world of money laundering and fraud in the banking system is getting more complex than ever. Over two trillion dollars of laundered money has flowed through the world’s banking system in the last decade with no end in sight. We will explore how to get to the root of the challenges faced by banks and regulators today and how we think the world of risk management will evolve.
As the pressure to reduce cost and focus on core business activities continue to rise, it is becoming more challenging for most bankers trying to keep up with technologies and innovations. In this session, we will be having our guest speaker from Asian Development Bank to share their Cloud Journey, followed by a discussion from our cloud experts to address some of the key concerns and misconceptions on cloud-based banking & risk management. Key topics include the latest jurisdiction updates, data & security considerations, and a framework for cloud solution evaluation.