Control - Regulatory and Risk Management
Following the recent banking crisis, both regulators and investment banks are looking for a better risk management through the improvement of transparency and comprehensive reporting, reduction of systemic risks, standardisation of processes / products). This involves two key questions:
How to comply with new regulations (Basel / Liquidity constraints, Post MiFID, European Directives)?
What are the pre-requisites for setting up a more efficient risk management?
How BearingPoint brings value
BearingPoint’s methodology analyses the underlying risks to an organisation. We have the expertise to help our clients to comply with new regulations and to implement more efficient risk management systems.
BearingPoint’s consultants are regularly trained on regulatory topics, including Basel, FED Targets, MIFID and the Third European Directive (anti-money laundering). BearingPoint also supports Corporate and Investment Banks to coordinate their relationships with regulators and providers (ISDA, clearing houses, DTCC/Markit) through working groups.
BearingPoint consultants have a global take on the different components of risk, such as those posed by the markets, operations, credit and rogue trading. Our approach goes from the thorough identification of weaknesses within Corporate and Investment Banks processes, to the implementation of permanent supervision systems and change management, promoting a new culture that makes each member of the organisation accountable.
That is why our clients trust us when it comes to regulation and risk management, from the management of Basel transformation program, the implementation of MiFID within CIB, and compliance with Third European Directive, to permanent supervision implementation and risk policy definition.