We possess the expertise to provide end-to-end or modular support to help you adopt the Internal Models Approach (IMA). Our services include:

  • Assessment of data and system preparedness with reference to local regulatory guidelines and development of the IMA implementation plan
  • Selection of the best vendor for market risk systems, including preparation of RFP (which involves comprehensive business and technical requirements documents), definition of scope and approach and definition of vendor scoring & evaluation criteria
  • Leveraging the experience of our global subject matter experts on various aspects of IMA
  • Validation of instrument pricing models and VaR models
  • Managing and ensuring effective and efficient implementation of the entire market risk system
  • Preparing IMA-related documentation including the Market Risk Model Dossier (MRMD), market risk policies and necessary regulatory applications
  • Organizing presentations and training sessions for senior management and the market risk team
  • Provide support during regulatory ratification processes