NewswireToday - /newswire/ -
Mumbai, Maharashtra, India, 2012/12/19 - CRISIL Global Research & Analytics (GR&A), the world’s largest and top-ranked provider of high-end research and analytics services, was a co-sponsor to the 18th annual Risk USA conference. The event was held recently in New York - CRISIL.com.
The conference was attended by a wide cross section of the global financial industry including retail, commercial and investment banks, insurance companies, and asset management firms. This initiative by CRISIL GR&A, a leader in the risk and analytics space, represents its continued commitment towards providing a platform for exchanging ideas, discussing issues and debating the rapidly changing business environment faced by the risk management industry.
Gurpreet Chhatwal, Senior Director and Global Head, Risk and Analytics, CRISIL GR&A, presided over the stream titled “Economic capital, financial regulations and risk aggregation”. The sessions under his moderation addressed the challenges that confront financial institutions today due to the combination of increased regulatory oversight and higher capital requirements.
“The far-reaching changes in the regulatory and capital regimes are leading to gradual but fundamental change in the business models of banks and other firms in the financial industry. Regulators are demanding a more robust and analytical approach towards the measurement and modeling of risk and capital buffers. The firms that recognise this as an opportunity to retool and streamline their models and processes will be able to ride out this phase and emerge stronger” says Gurpreet Chhatwal.
Some of the latest developments and innovations discussed in the conference included new approaches to counterparty credit risk, modeling liquidity risk and operational risk, the impact of Swap Data Repositories and Swap Executions Facilities on the OTC swaps market, and the future of risk management.
CRISIL GR&A is a top-ranked provider of high-end research and analytics services with strong teams of risk, quantitative, derivatives and actuarial specialists. CRISIL GR&A helps clients apply incisive analytics to internal models, transition to more robust risk and trading platforms, measure risk in a more real-time manner, and comply with regulatory requirements such as model validation, capital computations and stress testing. CRISIL GR&A’s team operates from research centres in Argentina, China, India, and Poland and its clients include 12 of the top 15 global investment banks, 3 of the top 15 global insurance companies and 37 Fortune 500 companies.
About CRISIL Limited
CRISIL is a global analytical company providing ratings, research, and risk and policy advisory services. We are India's leading ratings agency. We are also the foremost provider of high-end research to the world's largest banks and leading corporations.
About CRISIL Global Research & Analytics
CRISIL Global Research & Analytics (GR&A) is the world's largest and top-ranked provider of high-end research and analytics services. We are the world's largest provider of equity and credit research services. We are also the foremost provider of end-to-end risk and analytics services to trading and risk management functions at the world's leading financial institutions and corporations. We operate from research centers in Argentina, China, India and Poland, working with our clients across several time zones and in multiple languages. Being part of CRISIL enables us to attract and retain top-quality talent. We have over 2,300 employees, 75 per cent of whom hold advanced degrees in finance, accounting and management. We employ the largest number of CFAs and CFA aspirants in India. We won top honors at the NASSCOM Exemplary Talent Practices Award (NExT Practices) for Skill Enhancement. The award recognizes us as a firm that has the vision to proactively invest in its people and get them future-ready. We are committed to delivering cutting-edge analysis, opinions, and solutions. This underscores our proposition of being the best people to work with.
Shweta Ramchandani, Communications and Brand Management CRISIL Ltd
T: +91 22- 3342 1886 / Mobile: +91 96191 05070 - E: shweta.ramchandani[.]crisil.com.