Handbook of Financial Data and Risk Information I: Volume 1

Margarita S. Brose has 20 years of experience in financial services. She began her career as an attorney at the US Securities and Exchange Commission. After earning an MBA, she specialized in risk and compliance consulting with PwC and IBM. She has degrees from Barnard College, George Washington University Law School and The Wharton School. Mark D. Flood did his undergraduate work at Indiana University in Bloomington, where he majored in finance (BS, 1982), and German and economics (BA, 1983). In 1990, he received his PhD in finance from the Graduate School of Business at the University of North Carolina at Chapel Hill. He has worked as a Visiting Scholar and Economist in the Research Department of the Federal Reserve Bank of St Louis, an Assistant Professor of Finance at Concordia University in Montreal, a Visiting Assistant Professor of Finance at the University of North Carolina at Charlotte, a Senior Financial Economist in the Division of Risk Management at the Office of Thrift Supervision, a Senior Financial Economist with the Federal Housing Finance Agency, and most recently as a Research Principal with the US Office of Financial Research in Washington, DC. His research interests include financial markets and institutions, systemic financial risk, financial data management, securities market microstructure, and bank market structure and regulatory policy. His research has appeared in a number of publications, including the Review of Financial Studies, the Annual Review of Financial Economics, the Journal of International Money and Finance, Quantitative Finance, and the St Louis Fed's Review. Dilip Krishna is a Director with the Governance, Risk and Regulatory Consulting practice at Deloitte and Touche LLP, with a focus on risk architecture and information. He is involved in several regulatory initiatives such as stress testing and capital management implementations. He has seventeen years of experience across a range of wholesale and retail banking products in banks across North America. Previously, Krishna was a partner with Teradata Corporation, leading its North-East Banking and Capital Markets consulting team. He worked with many large banks in the North-East to implement some of their largest data warehouse and data management programs. Krishna was also Director of Teradata's Risk Management Center of Expertise in the Americas, responsible for working with many large financial institutions across the USA and Canada implementing Basel II and risk management solutions. In this role he was also active with Teradata's Government Services team, helping to articulate the role of analytics in regulation and transparency, including being called upon to offer expert testimony to the US Congress. He has served as chief architect for Basel II at a major Canadian bank, and has implemented front-offices trading solutions in Canadian capital markets operations. Krishna is widely published in the area of risk information and risk architecture. Bill ...

Preface; Part I. Risk Management Context for Financial Data: Introduction Margarita S. Brose and Mark D. Flood; 1. A brief history of financial risk and information Mark D. Flood; 2. Risk management Robert Mark and Dilip Krishna; 3. Portfolio risk monitoring Clifford V. Rossi; 4. Frameworks for systemic risk monitoring Alan King, John C. Liechty, Clifford V. Rossi and Charles Taylor; 5. Data-driven regulation and financial reform: one perspective from industry on the financial crisis John C. Pattison; Part II: Requirements and Sources for Financial Risk Management: Introduction Bill Nichols; 6. Banking and financial activities in the real economy Jefferson Braswell and Robert Mark; 7. Capital markets data Martijn Groot; 8. Capital markets reference data Marc Alvarez; 9. Risk management data and information for improved insight Margarita S. Brose, Mark D. Flood and David M. Rowe; Part III. Regulatory Data: Introduction Margarita S. Brose and Mark D. Flood; 10. A history of financial regulation in the USA from the beginning until today: 1789 to 2011 Alejandro Komai and Gary Richardson; 11. Data for microprudential supervision of US banks Mark D. Flood, Simon Kwan and Irina S. Leonova; 12. Microprudential supervisory data in the USA: securities and derivatives Margarita S. Brose and Jesse T. Weintraub; 13. Financial data and risk information needed for the European system of financial supervision Per Nymand-Andersen, Nicola Antoniou, Oliver Burkart and Jarl Kure; 14. Data needed for macroprudential policymaking Laura Kodres; Index.