As VP - Product Management, Martijn Groot steering Asset Control's strategy for innovation and directs product investment and communications. Martijn has unrivalled financial and risk data experience, as well as extensive knowledge of our customers, having held Market Strategy and Business Development roles here prior to rejoining the company in 2015. A published author, with an MBA from INSEAD and an MSc from VU University Amsterdam, Martijn's career history spans a variety of areas, including software development, financial analytics, risk, product and consultancy, at firms such as ABN AMRO, Euroclear and IGATE.
In this new era of stress testing, how many financial institutions risk being grounded by the financial equivalent of air traffic control for failing to meet the challenging new risk requirements?
The production of risk and stress data is no longer a one off risk management exercise – it has to be anchored in core operations – but few financial institutions have amended their data management strategies accordingly.
The truth is that new data reporting requirements are the final push for organisations that have resisted the need to radically overhaul strategies.
From stress testing to meeting evolving client demands, institutions must attain control over the huge volumes of data – from historical to real time – now required both operationally within the back office and within the mid-office risk team…
Read the full article on Data Management Review.
Market data management requirements for stress testing
In this white paper Martijn Groot looks into recent developments in stress testing and the challenges they pose to banks. In particular, addressing market data management issues in stress testing and how a wide range of data ingredients are required