Banksโ Urgently Upgrade Stress Tests to confrontโข Evolving โขRisks
Banks are rapidly evolving their stress-testing โmethodologies, moving beyond simple compliance exercises to proactive strategic tools, according to a new white paper from Moody’s. The shift comes as non-financialโ risks – notably cybersecurity threatsโฃ and geopoliticalโ instability – increasinglyโฃ dominate the riskโฃ landscape, demanding โmore complex and forward-lookingโค assessments โof financial resilience.
Thisโ comprehensive report details how banks can bolster their stress-testingโ frameworksโค toโ address these emerging challenges while simultaneously meeting stringent regulatory requirements.The ability to effectively anticipate and model the impact of diverse stressors is now critical for informed capital strategy and maintaining appropriate risk appetite. The white paper โขhighlights the operational complexities involved โand explores innovative approaches to transform stress-testing into a keyโข asset for growth and resilience.
Theโ report examines theโค need for banks to move beyondโ traditional financial riskโ scenarios and โฃincorporate โa wider rangeโค of potential disruptions. Leading risk professionals contribute insights, โemphasizing โthe importance of stress-testing as a driver for bothโ stability and strategic advantage in a volatile global โคsurroundings.
Download the โขfull report, Stress-testing for a new age โฃof banking, here: https://www.risk.net/resource/7962216/stress-testing-for-a-new-age-of-banking