Modifying Market Risk Management – A Year After Covid-19

Why Attend?

Join this webinar to understand how capital markets participants revised their market risk management practices during the height of market volatility and what this means for the future. Market leaders and industry experts weigh-in.

2020 saw global market volatility levels and daily value-at-risk measures for global investment banks surge to their highest since the 2008 crisis - a reflection of the extraordinary market conditions that took hold in the wake of the coronavirus crisis. As a result, the world's largest investment banks booked record breaking trading revenues but rewards like these don’t come without increased risks and there are lessons to be learned.

During the crisis, we saw extraordinary relief from central banks to mitigate the impact of the pandemic on capital markets and as a result asset correlations changed. How have banks expanded the scope of their internal models, and what role did and can technology play?

Join this panel discussion to understand how capital markets participants revised their market risk management practices during the height of market volatility and what this means for the future.

This webinar will discuss:

  • An examination of the market environment during the crisis of 2020
  • How correlations in asset movement changed amid the crisis
  • Re-assessing the historical data used and the parameter of VaR models
  • The changing role of technology in trading and risk analytics
  • New approaches to stress testing
  • How banks have and will adapt market risk management practices going forward

Featured speakers:

Dennis Sadak, Senior Vice President, Risk Product Management, Numerix

 

Bevan Cowie, MD and head of market, liquidity, valuation and model risk management, Deutsche Bank

 

Rama Chirayathumadom, Chief model risk officer, Goldman Sachs

Moderator:

Tom Osborn, Editor, Risk Management

 

 

To explore more market risk insights from Numerix visit: https://www.numerix.com/market-risk-research-insights

 

 

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