Advanced Stress Testing for Financial Institutions
Financial institutions are increasingly focused on improving stress testing practices. The global financial crisis exposed the inadequacy of pre-canned stress tests and demonstrated the importance of dynamic stress tests that focus on portfolio vulnerabilities. In addition to conducting macro-economic scenario analysis, major regulators asked banks to generate reverse stress tests to identify important fault lines. Furthermore, leading firms invested in early warning capabilities to help navigate difficult market conditions.
Led by industry leader Alan Laubsch, PRMIA offers Advanced Stress Testing for Financial Institutions to address these industry issues.