Global Responsibility
- Free trade changes markets, creates chances worldwide, and requires responsible dealing with new risks.
The current financial crisis is closely connected with the globalization of markets and illustrates its progress. Spurred by the internationalization of goods’ and services’ markets, economic globalization stands in close connection with technological innovation – especially communications and digitalization – and leads to a rapid acceleration of the finance industry.
In consequence, the finance industry is confronted with higher risks of different kinds. Amongst these, count political risks in the country of a trade partner, exchange rate risks of tradable goods, settlement risks, and counterpart default risks.
Sustainably successful risk management depends increasingly on professionalization and improvements in the development of software to model different kinds of risks. Software productivity, precise mathematical risk assessment methods, and individual configuration management become core competencies.
Expertise
- Flexible limit management
- Portfolio management with daily assessment of market risks
- CDS spread analysis
- Basel-II conforming rating of insurance institutions
