In this SAS white paper, United Overseas Bank's CRO discusses interplay between risk classes and developing better risk controls for banking – in near-real time.
For many of today’s large, multinational banks, pricing assets and optimizing portfolios are immensely complex endeavors. When you don’t get the math right, you don’t see the risk and you don’t reserve enough capital to protect the bank against potential losses.
UOB’s Chief Risk Officer Tham Ming Soong explains how its project, calculating multiple risk factors on millions of loans and security instruments, got started and how near-real-time risk calculations will benefit the banking industry.
Mikael Hagström, Executive Vice President of SAS Europe, Middle East, Africa and Asia Pacific, leads the interview.