Stress tests are the established tool for analysing the impact of exceptional events on balance sheets, business models and fundamental viability of a financial institution. The current situation is exceptional in many respects: It includes restrictions to social and economic life. As of yet, common stress-testing scenarios do not consider this particular kind of economic emergency restriction. d-fine is developing macroeconomic scenarios about the COVID-19 pandemic focused on its impact on financial services. Main risk factors are the duration of the economic shutdown and the question to what extent a crisis in the real economy affects the balance sheets of financial institutions. To support analyses and to determine relevant key figures we use our proprietary stress testing tool.
- Our DNA
Our London office, founded in 2004, and situated in the heart of the City of London, provides services to UK and Irish institutions across the regulatory, investment banking, asset management, public and insurance sectors. Our people share a passion to effect positive change into each and every client by leveraging local market knowledge together with expertise stemming from our pan-European footprint.