IBOR transition: fallback solutions in illiquid markets

At the end of this year, the LIBOR we currently know will be discontinued. For some currencies, the calculation methodology will be adjusted, while others will move to a brand new or alternative risk-free rate (RFR). This also holds for the dollar LIBOR, which will be replaced by the Secured Overnight Financing Rate (SOFR). However, some currencies use the USD LIBOR as a basis for their current reference rates, mainly due to liquidity concerns. Therefore, these FX implied rates face an additional challenge.

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Machine learning in risk management

Machine learning (ML) models have already been around for decades. The exponential growth in computing power and data availability, however, has resulted in many new opportunities for ML models. One possible application is to use them in financial institutions’ risk management. This article gives a brief introduction of ML models, followed by the most promising opportunities for using ML models in financial risk management.

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Technology considerations to provide operational resilience

Economic crises pose a real threat to organizations, the systems they rely upon and the people they serve, regardless of whether they are caused by natural disasters, political turmoil, or the changing economic climate. While there are many preventative measures to deploy, including well-known disaster recovery and crisis scenario-planning methods, it is important to understand that technology, next to being at risk, can also help to mitigate the risks, accelerate change, and expand access to critical systems and resources.

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Zanders Project Management Framework

If you want to go fast, go alone. If you want to go far, go together

At the birth of any project, it is crucial to determine the most suitable project management framework by which the treasury objectives can be achieved. Whether the focus is on TMS implementation, treasury transformation or risk management, the grand challenge remains – to ensure the highest quality of the delivered outcome while understanding the realistic timelines and resources. In this article we shed a light on the implications of project management methodologies and address its main concepts and viewpoints, accompanied by experiences from past treasury projects.

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“It all depends on expert opinion, data, and common sense”

Two ING experts share their views on deposit modelling

The low interest rate environment has faced banks with structural changes in customer behavior and converging products such as savings and current accounts. ING, one of Europe’s largest players in the savings market and a long-term client of Zanders, has positioned itself as one of the frontrunners in this environment. We sat down with Tom Tschirner (head of market risk at ING Germany) and Maarten Hummel (financial risk officer at ING Group) to gather their view on modeling and balance sheet management after these structural shifts.

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