Implementation of a replication model for interest rate risk management of Non-Maturing products (NMPs), including design and development of an end-user tool (programmed in R) to support the data analysis, modelling (with and without consideration of product volumes volatility) and stress-testing.
Modelling Non-Maturing Products
Key Deliverables
Model selection
R-based NMP tool
Model documentation
End user training material
Roles Covered
Technical Business Analyst
Project Manager
4 Stakeholders
Risk
Treasury
Key Benefits
Improvement
2 FTE Team
Senior Consultant & Partner
4
Models
Implementation of four models (volumes threshold definition, replication with and without volumes volatility, stress-testing)
Key Activities
2023
Project duration: 3 months
Model Selection
Suggestion of alternative models and assistance with the selection of a suitable model based on the client business context
Business Requirements Documentation
Creating business requirements in close cooperation and coordination with Risk and Treasury
R-based Tool Implementation
Implementation of the selected models in R, including a front (GUI) and back-end (data management and modelling
End-user Training
Integration of R code and training for end users of the tool to ensure smooth adoption in Business-as-Usual