European diversified financial institution: Developed economic capital framework to ensure Basel II compliance
We are working with a major northern European institution on a multi-year program to develop a group-wide economic capital and risk-adjusted performance framework to ensure Basel II compliance. The engagement covers all areas of the client's diverse business, including insurance and private banking. Currently, we are embedding new risk-adjusted measures into all levels of our client's management processes, and into all areas of its business. We are also overseeing implementation of the organizational changes needed to drive the risk management aspects of the bank's chosen strategy, which includes the integration of insurance and banking risks. Mercer Oliver Wyman is also helping to facilitate the bank's dialog with regulators.
Experience
Our Finance & Risk in Financial Services engagements include:
