Risk management

Risk management systems have been particularly affected by the flood of new regulations and changes in market environments. The last revision of Germany's derivatives regulations (Derivateverordnung) contained much more stringent requirements e.g. on the ongoing validation of market price risk models. MaRisk (German minimum requirements on risk management) has placed a greater emphasis on risk management systems, internal control/management systems and risk capacity strategies. As a result, greater attention is now paid to areas such as operational risk and liquidity risk that were previously often neglected. 


You can benefit from our expertise in designing and implementing highly effective risk management systems that also reflect the interaction between the different risk types associated with segregated assets and profit risks at company level. 


We can help you to set up, extend and validate market price risk models using a qualified approach. Our tried and tested model validation methodology allows you to implement the new requirements of Germany's amended derivatives regulations in your business operations. Based on a gap analysis, we can quickly establish whether you need to take any action to improve your risk control systems.


Nowadays, the services provided to institutional customers often go beyond actual reporting requirements. We can help you to construct a service portfolio of internal models for banks and insurers that meet their requirements under MaRisk BA (for banks), MaRisk VA (for insurers) and Solvency II. Our interdisciplinary team of consultants can also help you to develop integrated market and credit risk models with different risk horizons.