{"product_id":"reverse-stress-testing-in-banking-a-comprehensive-guide-9783110644821","title":"Reverse Stress Testing in Banking: A Comprehensive Guide","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eReverse stress testing was introduced in risk management as a regulatory tool for financial institutions more than a decade ago. The recent Covid-19 crisis illustrates its relevance and highlights the need for a systematic re-thinking of tail risks in the banking sector. This book addresses the need for practical guidance describing the entire reverse stress testing process. \u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003cp\u003e\u003cem\u003eReverse Stress Testing in Banking\u003c\/em\u003e features contributions from a diverse range of established practitioners and academics. Organized in six parts, the book presents a series of contributions providing an in-depth understanding of: \u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eRegulatory requirements and ways to address them \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eQuantitative and qualitative approaches to apply reverse stress testing at different levels – from investment portfolios and individual banks to the entire banking system \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eThe use of artificial intelligence, machine learning and quantum computing to gain insights into and address banks’ structural weaknesses \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eOpportunities to co-integrate reverse stress testing with recovery and resolution planning \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eGovernance and processes for board members and C-suite executives \u003c\/li\u003e\n\u003cli\u003e\u003cp\u003e\u003c\/p\u003e\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003e\u003c\/p\u003e \u003cp\u003eReaders will benefit from the case studies, use cases from practitioners, discussion questions, recommendations and innovative practices provided in this insightful and pioneering book. \u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eFOREWORD BY PROF. MOORAD CHOUDHRY \u003c\/p\u003e \u003cp\u003eCHAPTER I\u003cstrong\u003e: \u003c\/strong\u003eWhat is Reverse Stress Testing (and how does it differ from other risk analytics)? \u003c\/p\u003e \u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eDefinition \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eWhat is it and why to use it \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eOverview of reverse stress testing landscape so far (Tiziano Bellini, Michael Eichhorn) \u003c\/li\u003e\n\u003cli\u003e\u003cp\u003e\u003c\/p\u003e\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003e\u003c\/p\u003e\u003cstrong\u003e\u003c\/strong\u003e \u003cp\u003eCHAPTER II: How to perform Reverse Stress Testing \u003c\/p\u003e \u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eA generic process driven approach (Michael Eichhorn, Philippe Mangold) \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eDefinition of failure points \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eVulnerability analysis \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eScenario design and parameterization \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003ePlausibility check and management actions \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eMonitoring and reporting \u003c\/li\u003e\n\u003cli\u003e\u003cp\u003e\u003c\/p\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003e\u003c\/p\u003e\u003cstrong\u003e\u003c\/strong\u003e \u003cp\u003eCHAPTER III: What are the regulatory requirements? \u003c\/p\u003e \u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eRegulatory requirements and considerations from a Board of Directors’ perspective (Melanie Eichhorn-Schurig) \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eRequirements by regulator and supervisory body (BCBS, EBA, FED, PRA) \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eConsiderations from Boards’ perspective \u003c\/li\u003e\n\u003cli\u003e\u003cp\u003e\u003c\/p\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003e\u003c\/p\u003e\u003cstrong\u003e\u003c\/strong\u003e \u003cp\u003eCHAPTER IV: What can be learned from past failures? \u003c\/p\u003e \u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eWhy do banks fail? (TBC) \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eWhat went wrong in the 2007-2009 crisis? (Tiziano Bellini) \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eRoads to ruin – A study of major risk events (Prof. Chris Parsons, TBC) \u003c\/li\u003e\n\u003cli\u003e\u003cp\u003e\u003c\/p\u003e\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003e\u003c\/p\u003e\u003cstrong\u003e\u003c\/strong\u003e \u003cp\u003eCHAPTER V: What can be learned from practical use cases? \u003c\/p\u003e \u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eQualitative reverse stress testing \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eCase study: Pension Protection Fund (Jean-Pierre Charmille) \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eCase study: Moody’s Rating Agency (TBC) \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eCase study: Automotive (Grundke, TBC) \u003c\/li\u003e\n\u003cli\u003e\u003cp\u003e\u003c\/p\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003e\u003c\/p\u003e \u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eQuantitative reverse stress testing \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eCase study: Alpha Bank (Tiziano Bellini) \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eCase study: Interbank Networks (Fabio Caccioli) \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eCase study: Axioma Inc (Robert Stamicar) \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eCase study: EVM Tech (Mirzai, Bahram) \u003c\/li\u003e\n\u003cli\u003e\u003cp\u003e\u003c\/p\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\u003cstrong\u003e\u003c\/strong\u003e \u003cp\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER VI: What can be learned from planning work? \u003c\/p\u003e \u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eLinking Reverse Stress Testing to Risk Appetite and Risk Capacity (Anand Saxena) \u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eLinking Reverse Stress Testing to Recovery \u0026amp; Resolution Planning (Ahmed Nasir) \u003c\/li\u003e\n\u003cli\u003e\u003cp\u003e\u003c\/p\u003e\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"De Gruyter","offers":[{"title":"Default Title","offer_id":53516600705367,"sku":"9783110644821","price":57.38,"currency_code":"GBP","in_stock":true}],"url":"https:\/\/bookcurl.com\/products\/reverse-stress-testing-in-banking-a-comprehensive-guide-9783110644821","provider":"Book Curl","version":"1.0","type":"link"}