Liquidity Risk Management: A Practitioner's Perspective (Wiley Finance) - Hardcover

Über die Autorin bzw. den Autor

SHYAM VENKAT is a PwC principal in the firm’s Financial Services Advisory practice in the U.S. He specializes in treasury and risk management for both financial services and non-financial services clients. He is a founding member of PwC’s risk practice.

STEPHEN BAIRD is a PwC director in the firm’s Financial Services Advisory practice. He specializes in treasury and risk management for financial institutions.

Von der hinteren Coverseite

Practical insights into liquidity risk management—now and into the future

Liquidity Risk Management is a practitioner's guide to exploring the key aspects of liquidity risk management, including governance, regulatory developments, analytical frameworks, reporting, data and infrastructure, and strategic implications.

Culled from the extensive experiences of PricewaterhouseCoopers's client delivery teams, this in-depth guide features an informative and diverse collection of real world knowledge and firsthand perspectives on the evolution of liquidity risk management practices and the direction of their future-state designs. This compendium on liquidity risk management provides insights that can help firms leverage their liquidity risk management capabilities and enhance competitive positioning with:

• A deep understanding of the impact regulation has on liquidity risk management and the importance of maintaining an internal management-driven agenda fueled by a continual enhancement of the firm's capabilities
• An integrated framework for managing liquidity risk that considers linkages with other risk types as well as core business drivers such as strategic planning, incentives, and profitability measurement
• Industry-proven insights into building an infrastructure to efficiently automate the capture, storage, and transformation of data to enhance management decision-making

Aus dem Klappentext

While the credit profile of a loan portfolio can take months or years to deteriorate, liquidity can disappear in just hours, which is why effectively managing liquidity risk takes a specialized body of knowledge and an up-to-date skillset. Now, Liquidity Risk Management gives bankers, asset managers, regulators, and academics in-depth access to subject matter specialists at the global professional services firm of PricewaterhouseCoopers (PwC) on several aspects of this critical component of financial risk management.

Each chapter is written by a partner or director in PwC's Financial Services Advisory practice with significant, hands-on expertise in liquidity risk management. Collectively, these highly focused, in-depth treatments create an essential reference that describes evolving industry practices and advanced approaches to liquidity risk management in the post-financial crisis environment. Written for serious practitioners who want to understand how liquidity risk management should operate in today's environment and where their institutions are leading or falling behind the pack, this reliable guidebook looks at the latest regulatory agenda and details how a well-conceived and robustly implemented liquidity risk management framework aligns with, and can even inform, supervisory expectations.

Enhance and optimize your institution's liquidity risk management capabilities through:

• A comprehensive, end-to-end framework on which to build a forward-looking improvement agenda and future state design comprising liquidity stress testing, intraday liquidity risk management, collateral management, early warning indicators, contingency funding planning, liquidity risk technology, and liquidity implications for recovery and resolution planning
• A big-picture road map of the regulatory environment, including the latest on Basel III and other developments anticipated in areas of liquidity stress testing and reporting
• Industry approaches to including liquidity considerations in product design, funds transfer pricing, management incentives, and other mechanisms to meet the challenge of aligning business activities with regulatory oversight

It isn't too late to fully upgrade your framework design, process, management and oversight, and technology capabilities with Liquidity Risk Management.