Liquidity Risk Reporting and Stress Testing
After completing this reading, you should be able to: Identify best practices for the reporting of a bank’s liquidity position. Compare and interpret different types of liquidity risk reports. Explain the process of reporting a liquidity stress test and interpret…
The Blockchain Revolution: Decoding Digital Currencies
After completing this reading, you should be able to: Explain how a blockchain-based cryptocurrency system works and compare cryptocurrencies to conventional money and payment systems. Describe elements of a decentralized finance structure, including smart contracts, tokenized assets, decentralized autonomous organizations,…
The Future Monetary System
After completing this reading, you should be able to: Identify and describe the benefits and limitations of crypto and decentralized finance (DeFi) innovations. Describe the role of stablecoins in DeFi ecosystems and differentiate among the types of stablecoins. Discuss possible…
Future Value and Exposure
After completing this reading you should be able to: Describe and calculate the following metrics for credit exposure: expected mark-to-market, expected exposure, potential future exposure, expected positive exposure and negative exposure, effective expected positive exposure, and maximum exposure. Compare the…
Portfolio Performance Evaluation
After completing this reading, you should be able to: Differentiate between time-weighted and dollar-weighted returns of a portfolio and describe their appropriate uses. Describe and distinguish between risk-adjusted performance measures, such as Sharpe’s measure, Treynor’s measure, Jensen’s measure (Jensen’s alpha),…
Managing And Pricing Deposit Services
After completing this reading, you should be able to: Differentiate between the various transaction and non-transaction deposit types. Compare different methods used to determine the pricing of deposits and calculate the price of a deposit account using cost plus profit…
Climate-Related Financial Risks – Measurement Methodologies
After completing this reading, you should be able to: Describe the main issues in identifying and measuring climate-related financial risks. Identify unique data needs inherent in the climate-related risks and describe candidate methodologies that could be used to analyze these…
Inflation: a Look under the Hood
After completing this reading, you should be able to: Describe how inflation dynamics differ between a low-inflation regime and a high-inflation regime. Explain the process of wage and price formation, the role inflation plays in this process, and vice versa….
Artificial Intelligence Risk & Governance
After completing this reading, you should be able to: Identify and discuss the categories of potential risks associated with the use of AI by financial firms and describe the risks that are considered under each category. Describe the four core…
VaR Mapping
After completing this reading, you should be able to: Explain the principles underlying VaR mapping, and describe the mapping process. Explain how the mapping process captures general and specific risks. Differentiate among the three methods of mapping portfolios of fixed…
