One of the truest signs of top management’s commitment to continuous improvement in their organization is that they not only support strategic training initiatives but that they actively participate in such initiatives.  Too often, members of the C-suite seem to fear that they will be “shown up” for not being the demigods that they are …Read more

The Riskworx Academy recently facilitated a virtual round table on the topic of Balance Sheet Optimisation on behalf of Arise Investments. Arise is a leading African investment company that partners with sustainable locally owned financial services providers in Africa who are searching for a way to keep their independence but need financial expertise and long-term …Read more

Climate Risk Types & Classification Climate risks, as they could filter through to affect a bank, are classified into three groups, namely, physical risks, liability and disclosure risks and transition risks 1. This article will look at transition risks as they relate to financial institutions.  Transition risks arise from changes in technology due to new …Read more

Riskworx was approached by a consulting company that required our quantitative skills to build a multiple-pool approach Funds Transfer Pricing (FTP) model for their client, a Tier 2 bank in sub-Saharan Africa.Read more

A Ugandan bank needed a model to calculate their twelve-month Earnings at Risk (EaR) figures and allow them to apply non-parallel shocks to the interest rates influencing their Income Statement.Read more

Having embarked on a Front Office and Risk transformation journey, our Tier 1 South African Bank client needed to validate their newly implemented Interest Rate Risk for Front Office (Par Risk) solution.Read more