Automating Stress Testing for Valuable Liquidity Risk Insight
Mr. O’Connell began his career in commercial lending, holding roles in underwriting and relationship management. He first specialized in large syndicated facilities and later focused on loans to technology companies. Prior to joining Aite Group, Mr. O’Connell was an analyst at Nucleus Research, where he covered the analytics and workforce management spaces and authored a large body of ROI-related research notes, case studies, white papers, and calculators. Mr. O’Connell has spoken at user events for a variety of vendors.
Mr. O’Connell holds an M.B.A from Boston University and a B.S. in Business Administration from Providence College.
His past experience includes head of ALM Product Control and Collateral Management at Emirates NBD where he worked closely with the UAE Central Bank supervisory team in its pilot study on establishing the readiness of UAE banks to comply with the new Basel III liquidity ratios, LCR and NSFR. In addition Ziauddin, set up an operational framework allowing Emirates NBD to better manage its liquidity for it's off balance sheet collateral management requirements.
Prior to that, Ziauddin spent most of his career in London, part of which was at Citigroup as Head of UK Treasury Analytics and Balance Sheet Manager for GCC where he was responsible for all ALM analysis, including Liquidity, Market & IR Risk as well as Collateral Management.
Ziauddin is the Regulatory Compliance Lead for Oracle Financial Services and is a regular speaker at industry forums and risk roundtables.
First introduced as a bulwark against dangerous levels of risk at the largest banks, the Federal Reserve recently expanded the scope of stress testing to include more institutions and more categories of risk, including liquidity.
Banks can no longer afford to treat stress tests as an ad-hoc activity, rather they should be incorporated into business-as-usual operations and it’s up to banks to find ways to leverage automated processes to meet regulatory requirements in a cost-effective manner—and derive insights that can benefit their businesses’ models.
Join Bank Systems & Technology, Oracle and Aite Group for an educational webinar to discover:
- Leveraging a stress testing framework and processes for all areas of stress testing including liquidity, credit and market risk
- The cost of using manual processes in stress tests
- What factors to consider when choosing an automated solution
- How automation provides a superior insight into the bank’s risk profile, leading to a proactive approach to compliance and better engagement with regulators
Join us on April 24 and learn more about how banks can leverage their compliance spending to minimize the regulatory costs while simultaneously maximizing the potential benefits across the enterprise.