About the course

About the course

About the course

With the current COVID-19, financial institutions are facing difficult challenges globally. In comparison to the 2008-09 financial crisis, the current crisis is more widespread, impacting more financial institutions across banking, asset managers, insurance and pension funds.

In this 1.5 hr course, our speaker James Sehgal will discuss and provide insights into the implications of Covid-19 on funding the counter (OTC) derivatives markets.  Issues such as implications on margining for cleared and non-cleared derivatives will be covered along with implications on FVA (Funding Valuation Adjustment) and CVA (Credit Valuation Adjustment). Stress test analysis will also be covered.  It is extremely vital for financial institutions to be aware of what the funding constraints will be and how different institutions can approach the challenges.

Who should attend?
  • Head of Fixed Income
  • Credit Risk Managers/Analysts
  • CRO/Risk Manager
  • Clearing Risk Manager
  • Portfolio Risk Manager/Analysts
  • Stress testing
  • Liquidity
  • Market risk
  • Treasury / Funding
  • Capital management
  • Recovery and resolution
Course highlights
  • Impact of COVID-19 on different constraints, and comparisons between current banks and banks during 2008-09 financial crisis
  • Similarities and dissimilarities to stress scenario for 2008-09 GFC, and new stress scenarios
  • Implications to FVA portfolio, margin reforms, and CCP margining requirements
  • The implications on credit risk on corporates, tier II, and tier III institutions