Corporate and high net worth banks

Consulting & Project Management / Risk Management & Regulatory Evolutions

Integration of a subsidiary into the parent company's market risk processing chains

Challenges & Objectives:

  • Successfully integrate the brokerage subsidiary into the parent company’s market risk processing chains (analytical structure, risk calculation method, workflows, etc.)
  • Calculate the regulatory capital in internal model and demonstrate its robustness to the prudential authorities

Approach & Implementation:

  • Drafting of a note for the ACPR and the ECB describing the processes and results of the transition to the broker’s internal model
  • Integration of the subsidiary’s risk calculation into the parent company’s tools
  • Design and implementation of the parent company’s takeover of the subsidiary’s market risk framework (calibration of limits, thresholds)
  • Migration of the analytical structure of the subsidiary to that of the parent company
  • Definition and implementation of new processes and procedures in the context of the integration of the subsidiary within the group
Project coordination

Objectives

  • Supported the Functional Architecture team in the integration of this brokerage subsidiary

Approach & Implementation:

  • Formalization of the subsidiary’s business processes (P&L, Risk, Liquidity, Treasury, Accounting) and Gap Analysis with the parent company’s processes
  • Formulation of recommendations for the implementation of a target architecture
  • Coordination of studies and cross-functional projects:
    • Upstream project framing
    • Project monitoring and management
    • Animation of steering and operational committees
    • Prioritization and improvement of processes