Project “Lean Risk Systems”

Period:
11/14 - 02/16
Industry:
Banks
Project objective
Streamlining the risk management systems
Project tasks
Introduction of a project office, coordination of the sub-projects, development of the reporting system, control of the project budget

As part of the shutdown of a major investment bank, the risk calculation systems are being streamlined. At the same time, the “log-normal” model is changed to “shifted log-normal” due to the never expected negative interest rate.