The Risk Stress Test (RiST) tool is an Excel-based tool developed to help conduct the stress testing analysis described in the methodological note Integrating Climate Change and Natural Disasters in ...

Risk-management practices at financial institutions have undergone a quantitative revolution over the past decade or so. Increasingly, financial firms rely on statistical models to measure and manage ...

In today’s dynamic global economy, financial institutions are increasingly confronted with uncertainties that defy historical precedent. Traditional stress testing long reliant on past market data ...

This paper explains specifics of stress testing at the IMF. After a brief section on the evolution of stress tests at the IMF, the paper presents the key steps of an IMF staff stress test. They are ...

Amid rising volatility and tightening liquidity, fixed income investors face growing pressure to understand how market shocks affect their portfolios. This white paper from S&P Global Financial Risk ...

Auditors know that journal-entry testing is one of many procedures they can use in addressing client data completeness and, hence, audit risk (see AU-C Section 240, Consideration of Fraud in a ...