Regulatory Change Delivery
Assess the operational implications of new requirements and coordinate implementation.
Risk & Compliance
Market, Credit & Liquidity Risk
Improve the measurement and information behind market, credit and liquidity decisions.
Overview
What this means for your business.
Risk management depends on timely measures, clear limits and information that can be reconciled to the business it describes.
Capmark helps institutions develop risk analytics, stress testing, counterparty exposure, liquidity measures, limit frameworks and supporting data pipelines.
We connect trading and risk platforms with the governance, reporting and controls needed by the front office, risk function and management.
What we do
The expertise we bring.
We deliver the market, credit and liquidity risk measurement stack, including VaR, sensitivities, stressed measures, counterparty exposure and limit utilisation. Reconciliation to the front office is built in from the start, so risk numbers arrive on time and agree with the systems they describe.
We build, recalibrate and document pricing and risk models, and establish the governance around them: inventory, validation standards, performance monitoring and review cadence. Where independence matters, build and validation are separated.
We industrialise stress testing from scenario definition through calculation, review and sign-off. Internal and regulatory exercises run from controlled infrastructure, with reverse stress testing and evidence prepared for committee or supervisory review.
We implement and rebuild the data pipeline that feeds risk: positions, prices, curves, reference data, intraday updates and completeness controls. The aim is simple: positions, prices and risk reconcile across the trading and risk stack.
We deliver capital and market-risk change as operating change: data sourcing, calculation logic, impact analysis, reporting, controls and desk-level evidence. Basel 3.1 and FRTB-related change are sequenced with parallel running, governance and sign-off built into the plan.
We design market, credit and liquidity risk frameworks for energy and commodity traders, including volumetric risk, basis risk, long-dated physical exposures, margining, collateral and exchange or bilateral limits.
What to expect
A team shaped around the work.
A Senior Practitioner leads from day one. The first weeks reconcile what the risk system reports against what the trading system holds, and test how quickly a limit breach reaches someone who can act.
We then design the target framework with the CRO and the desk together, deliver the platform and data change behind it, and evidence the result to risk governance.
Engagements range from framework review and target design to full platform, data and reporting delivery.
Sequenced through framework review and design; platform and data delivery is scoped by estate.
01
Assess
Establish the current state, the constraints, the risks and the value at stake.
02
Define
Shape the target model and the business case with the executives who own the outcome.
03
Mobilise
Stand up the team, the plan and the governance around the outcome.
04
Implement
Design, build and test the change, with the business alongside.
05
Sustain
Cutover, hypercare and handover, so the business runs it under its own control.
The same five stages on every engagement, led by senior practitioners end to end. How we work
Client result
Relevant client experience.
Capital Markets · Regulatory Transformation
MiFID II trading controls and infrastructure across six asset classes
Leading Investment Bank · Equities, Derivatives, Commodities, FX, Credit & Rates
We helped deliver trading controls and market infrastructure change across algorithmic trading, direct electronic access, market making, clearing, surveillance and best execution.
- 80+
- Venues with market-making agreements retained
- $50bn+
- Cleared derivatives volume supported
- 4
- MiFID II RTS obligations implemented (RTS 6, 8, 27 & 28)
- 6
- Asset classes brought under MiFID II trading controls
Read the case study
Insights
Related perspectives.
Get in touch
Discuss Market, Credit & Liquidity Risk.
Tell us what you are working through and the expertise you need.