Stress testing as a key requirement
The Fernbach Scenario Workbench can be used to dynamically determine scenarios and to store standard scenarios for endurance tests.
The way in which regulators view risk has changed in the last decade. Based on a more principle-oriented approach, risk measurement today increasingly comes under the responsibility of the banks.
Banks have to conduct existing risk measurement such as VaR by stress tests for all relevant risk types. These stress test requirements coincide with an increasing demand for regulatory capital ratios. FERNBACH helps to control and manage these new capital requirements.
