Risk Awards 2022 Innovation in Technology: ISDA

ISDA has won Risk.net’s 2022 Innovation in Technology award for Perun, part of ISDA’s Standardized Approach (SA) Benchmarking initiative.

ISDA SA Benchmarking has been developed to enable banks to accurately and consistently implement certain Basel III standardized approaches and identify and analyze any areas of divergence. ISDA SA Benchmarking is underpinned by Perun, a quantitative analysis tool developed by ISDA’s in-house analytics team that combines with ISDA’s Common Risk Interchange Format to automate much of the analysis and deliver detailed, customized reports to banks and regulators.

Read the Innovation in Technology article by clicking on the attached PDF.

For more information on ISDA SA Benchmarking and Perun, click here.

Documents (1) for Risk Awards 2022 Innovation in Technology: ISDA

A Positive Step to Improve the FRTB in the EU

As the Basel III capital reforms are finalized for implementation in key jurisdictions, ISDA is maintaining a laser focus on making sure the rules are robust and risk-appropriate. Simply put, if capital requirements are set disproportionately high, this will have...

Appropriate Capital Rules Critical for Markets

“Setting capital requirements for globally active banks is a fine balanc­ing act. As regulators learned during the global financial crisis, insuffi­cient capital creates vulnerabilities in the banking sector that can have damaging consequences in times of stress. However, if banks...