Larry Roadcap, a financial services industry executive with more than 20 years of experience in Australia and globally, leads SAS Australia and New Zealand's Risk Management solutions business. He originally hails from Virginia and holds degrees from Georgetown University, Columbia Business School and the University of California - Berkeley.
Going Beyond Regulatory-Mandated Tests to Achieve True Risk Management I regularly hear banking customers talk about ‘sweating their assets’ - leveraging their substantial investments in expanded teams of risk analysts, re-engineered processes and new risk systems for Basel II and III compliance – to gain better insights into their business.
Stress testing is not new to the risk world but has been a major focus since the GFC (Global Financial Crisis). For a number of years now, stress testing has helped analytical specialists quantify various aspects of potential loss. What is new is the introduction of regulatory stress tests which
