This year's Market Risk Management Summit brought together a multitude of industry professionals across sectors uniting both the corporate and supervisory side of market risk management. iRTM showcased its solutions at the summit which was held at Holiday Inn Mumbai on the 20th and 21st of December. Anand Agrawal (Vice President - iRTM Sales Specialist, SAARC), Prateek Tiwari (Vice President & Cluster Head), Preeti Mishra (Head – Marketing, iRTM), Sarikha Shetty (Business Solutions - iRTM) and Pratik Ganatra (Business Solutions – iRTM) represented iRTM at the Summit.
Professor Vaidyanathan Krishnamurthy from Indian School of Business (ISB) delivered an interesting address on the emerging trends in the market risk regulatory compliance space. In another session Satya Mahapatra from Barclays spoke on ‘How to build an effective stress testing framework', where he discussed about meeting regulatory expectations and using the right stress testing tools to accurately assess an organization's financial health in crisis situations.
Sayadur Rahman from EBL Securities, a member of the Bangladesh Merchant Bank Association, visited iRTM's booth and expressed interest in the capital markets solution. Other salient attendees who visited iRTM's booth were - Sanjay Purao from Securities and Exchange Board of India who discussed about the Basel III offering, Amit Shanker from Société Générale who discussed about the risk visualization offering, Hari Babu from Birla Sun Asset Life Management who discussed about the MF offering and Neelesh Singh from ANZ Group who witnessed the screens showing drill-down of interest rates into a central repository.
Interacting with experts and attending sessions at the summit provided iRTM representatives with interesting insights:
- Downward signal of interest rate movement and long term maturity match / mismatch are key areas which affect ALM in life insurance companies
- Adopting the right business models is key to survive FRTB regulations