Unforced errors in banking, trading and risk can be captured by two questions

I've been helping a company that wants to implement Value at Risk, (VaR). During this process, I've found myself reassessing how I think...

Whether you’re looking at interest rate risk, credit exposures, or market volatility, using multiple trustworthy measures provides greater c

At the front of any information pack that explains what's going on in treasury and risk, you often see a long list of limits. These are...

Less widely discussed, but valuable for employers, leave of absence is an effective way to uncover wrongdoing within the organisation.

I never thought I would be writing this, but the regulation that banks now face as a result of the financial crisis in 2008 has given...

Doing new things and launching new products is always exciting; however, from my experience, these innovative ideas often lead to...

One of the principles ingrained in me is that risk management should be kept separate from the area or individuals taking the risk. The...

I worked with a client who provided a vivid lesson on the importance of the iceberg of risk. This is the story. The bank's treasury...

Risk tolerance is a concept we frequently refer to, but how often do we have a serious conversation about what it truly means? By its...

The Challenge Banking relies heavily on confidence; without it, customers withdraw their money. One significant source of risk is the...

The role of a treasury has changed dramatically over the past four decades. It used to be about making money, which was a lot easier...

I've noticed that GPT-4 is getting better all the time; you can do more, and the results are better. I decided to try a little test....

In previous articles, I've discussed some of the economic benefits of using LLMs, as well as the problems concerning hallucinations and...

Large Language Models (LLMs) in Treasury and Risk LLMs, or Large Language Models, are advanced artificial intelligence systems designed...

What they are and what causes them Hallucination is a term used to explain the phenomenon of a Large Language Model (LLM) producing...

In this sixth instalment, we delve into two time-saving applications of LLMs: summarising and repurposing PowerPoint presentations, and...

The fifth instalment of our series exploring simple GPT-4 use cases focuses on its capacity to generate documentation for an ALCO...

In this fourth instalment of our series, we explore an intriguing application of large language models (LLMs) in treasury and risk...

Backround When I was running a treasury, repo agreements, or repurchase agreements, were very instrumental in the type of work we were...