Financial Risk Management

Financial Risk Management in banking is the systematic process of identifying, assessing, and mitigating various financial risks such as credit, market, liquidity, and operational risks. It involves the use of sophisticated tools and strategies to safeguard the bank's assets and ensure stability, compliance, and sustainable growth in a dynamic financial landscape.

Coforge's Financial Services Risk Management consulting team combines analytical, data interpretation, regulatory, and technology skills. Our professionals from around the world assist global banking partners in driving efficiency, accuracy, and a balanced approach to risk coverage across GRC (Governance, Risk, and Compliance). Our primary focus areas encompass operational, compliance, market, credit, liquidity, enterprise, and reputational risks.

Our capabilities in financial risk management encompass:

• Managing risks holistically through integrated risk management
• Implementing policies and processes related to risk management
• Implementing risk management programs such as Basel II and III for credit, market, and operational risk
• Developing and implementing rating models for risk assessment
• Ensuring effective asset liability management and liquidity programs
• Conducting risk analytics and developing models to improve risk assessment
• Complying with regulatory reporting requirements

At Coforge, we have forged partnerships with global banks and investment firms that helped us gain extensive experience in measuring and reporting credit risk and market risk. Our team has developed advanced key analytics and artificial intelligence/machine learning-based solutions to automate the complex calculations involved in evaluating these risk parameters.