November 7, 2019 : Nachhaltigkeitsrisiken

PRMIA Frankfurt präsentiert Nachhaltigkeitsrisiken - Risikomanagement und Anforderungen der Aufsicht. Das Thema 'Nachhaltigkeit' gewinnt in allen Bereichen des öffentlichen Lebens mehr und mehr an Bedeutung. Auch im Finanzsektor beschäftigt man sich seit mehreren Jahren intensiv u.a. mit Klimarisiken und nachhaltiger Finanzierung. Einerseits haben verschiedene Initiativen auf nationaler und europäischer Ebene die Erarbeitung von Standards vorangetrieben. Daneben hat auch die BAFin im September einen Entwurf für ein Merkblatt zum Umgang mit Nachhaltigkeitsrisiken veröffentlicht. Wir wollen mit Ihnen die Inhalte des Merkblattes analysieren und die Auswirkungen auf das Risikomanagement in Ihren Häusern diskutieren.



https://prmia.org/Shared_Content/Events/PRMIA_Event_Display.aspx?EventKey=8433&WebsiteKey=e0a57874-c04b-476a-827d-2bbc348e6b08

Continuous Testing Meetup

There is a cool meetup coming up about test automation:

Date: Thursday, May 23rd
Time: 6:00 PM
Location: WeWork, Stresemannstraße 123, Berlin

https://www.meetup.com/de-DE/continuous-testing-meetup-berlin/events/260127011/?eventId=260127011

Test Automation Day 2019

Test Automation Day is a multi-tracks software testing conference organized for software testers and IT professionals in the Netherlands. It features talks and workshops by international speakers focused on Test Automation. The Test Automation Day Netherlands offers the opportunity to interact with world class speakers about innovative automated testing methods, technologies, strategies and tools.

In the agenda of the Test Automation Day conference you can find topics like “Balancing your test automation with exploratory testing”, “Model-based testing of probabilistic programs”, “Test Automation Smells – Automatically uncovering quality defects”, “Test automation, handcuffs or enforcement?”, “Agile Functional Test Automation”, “What makes a test automation engineer so special?”, “Automation, Now, Then, Where”, “Intelligent Mistakes in Test Automation”, “Automated integration testing with Arquillian”, “Implementing Test Automation, A simple strategy?”, ” Effective Risk Analysis in Performance Testing: the Dutch Railways approach” or “The ROI of (Acceptance) Test Driven Development”

June 19-20 2019,
Utrecht, 

Netherlands, 

http://www.testautomationday.com/

June 14th - PRMIA Event with Tom Wilson on Value and Capital Management

PRMIA Munich is proud to invite you to a presentation by Tom Wilson on:
 

Value and Capital Management: A New Era for Insurers

Abstract:

Given today’s environment, characterized by tepid economic growth, highly volatile capital markets, record low interest rates and risk-based Solvency II regulation, capital management and value management are becoming synonymous.

Against these headwinds, an accounting earnings focus is no longer sufficient: a tighter focus on where and how capital is generated and invested is critical for building profitable, long-term sustainable businesses.

•           What are the forces defining the “New Era”?

•           What are the implications for value and risk management?

 About the Speaker:

Tom Wilson is Chief Risk Officer of Allianz, based in Munich. He has over 20 years’ experience working in finance and risk with insurance companies and banks, both in line management CRO and CFO roles at Allianz, Dresdner Bank, ING and Swiss Re as well as leading the Risk consulting practices at Oliver Wyman and McKinsey. He is the author of Value and Capital Management: A Handbook for the Finance and Risk Functions of Financial Institutions (Wiley, 2015). He received his BSc in Business from the University of California at Berkeley and his PhD in Economics from Stanford University.

Date and Venue:

Tuesday June 14th 2016, 6:00 pm
Muenchner Kuenstlerhaus
Lenbachplatz 8, 80333 Munich
Room Miller
(Entrance Maxburgstr.)
Link to the venue

Refreshments will be provided thanks to our sponsor d-fine.

Looking forward to seeing you there,
The Munich Steering Committee and Dominik Dersch, Regional Director PRMIA Munich

For more details regarding this event, venue and registration please use the following link: http://www.prmia.org/civicrm/event/info?reset=1&id=6871

November 10th - PRMIA Event on Cyber Risk: Threats and Mitigation Strategies

PRMIA Munich is proud to invite you to an Expert Panel on:

Cyber Risk: Threats and Mitigation Strategies 

This chapter meeting of  PRMIA Munich adresses important cyber risk themes by an expert panel of practitioners from IT - software, hardware, security, insurance, and consulting discussing about:
 

• Anecdotal evidence about cyber risks - examples for various industries
• Types of cyber threats
• Harm and damages - dimensions and costs of cyber risks
• Responses to cyber attacks and recovering
• Mitigation strategies
• Markets and types for cyber insurance
• What’s the focus of insurance underwriters

The panelists are:

• José Fidalgo: Head of Risk Consulting Liability Central and Eastern Europe at Allianz Global Corporate and Specialty
• Thomas Fritzsche: Senior Manager at KPMG Forensic
• Kai Bender: Head of Oliver Wyman’s Strategic IT & Operations Practice/Germany
• Andreas Schlayer: Head of global team of experts at Munich Re, responsible for the insurance of information technology risks
• Thomas Schoen: Managing Director of RIGS IT GmbH
• Juergen Kohr: SVP at T-Systems

For more details regarding this event, venue and registration please use the following link:

http://www.prmia.org/civicrm/event/info?reset=1&id=6733

November 12th - PRMIA Event on Managing Systemic Exposure

PRMIA Munich is proud to invite you to a presentation by Dr. Federico Galizia on:

Managing Systemic Exposure

Prior to the financial crisis, exposure to systemic entities had been assumed to be largely risk free. Yet the exposures were not risk free. The losses were catastrophic and set the whole system back in reverse. Today’s systemic entities trade with each other on a collateralized basis and on the assumption that no one is too big to fail. The system has frozen with smaller players paying a high price.

This presentation aims at taking the fear out of the equation and showing how systemic banks could resume activity while managing concentration, counterparty and maturity risk on wholesale markets. We will advocate moving out of ‘risk avoidance’ and back into ‘risk management’. Dr. Galizia will also comment on SIFI exposure limits recently set by the Basel Committee.

For more information regarding venue, speaker and registration please use the following link:
http://www.prmia.org/civicrm/event/info?reset=1&id=6469

October 13th - PRMIA Event on Operational Risk Management

PRMIA Munich is proud to invite you to a presentation by Dr. Ariane Chapelle on:

Recent developments in Operational Risk Management

During this talk we will cover the aspects of ORM for financial institutions gaining traction over the recent years as best market practice. These include: risk appetite, tolerance and risk limits; preventive key risk indicators, scenario identification and assessment, embedding risk culture.

The talk summarizes some of the highlights of the flagship PRMIA course  “Advanced Operational Risk Management”  delivered by Dr. Chapelle.

For more information regarding venue, speaker and registration please use the following link:
http://www.prmia.org/civicrm/event/info?reset=1&id=6471

July 22nd - PRMIA Event on Energy and Risk

PRMIA Munich is proud to invite you to a presentation by Prof. Rüdiger Kiesel on:

Energy and Risk

During the talk various aspects of risk and uncertainty relating to energy and climate change will be illustrated. It will start with a general discussion of the concepts of risk and risk management. Using the valuation of power plants as an example the impact of model risk will be investigated and related to political risk. A discussion on the perception of risk related to climate change will conclude the talk.

For more information regarding venue, speaker and registration please use the following link:

http://www.prmia.org/civicrm/event/info?reset=1&id=6391

Feb.25th - PRMIA Event on Liquidity Risk Management

PRMIA Munich is proud to invite you to our first chapter meeting in 2014 with a presentation by Dr. Carlo Acerbi on:

Liquidity Risk Management - New trends, challenges and instruments for the financial industry
Abstract:

Oct. 1st, 2013: Workshop on Domain-Specific Languages for Financial Systems at 16th International MODELS Conference

MODELS is the premier venue for the exchange of innovative ideas and experiences of modelbased approaches in the development of complex systems and will take place from the 29th of September through 4th of October in Miami/USA:

The MODELS 2013 will continue the MODELS history in providing the top forum for researchers and practitioners to meet and share experiences in software and systems modeling. Traditional events (e.g., Foundations/Applications track papers, Workshops, Tutorials, and Panels) will represent key venues for disseminating novel ideas in modeling research. The most interesting workshop will be Domain-Specific Languages for Financial Systems (DSLFIN) on Oct. 1st.

New release: Theta Suite Spring 2013

Theta Suite Release: Excel-bridge better speed and many small improvements

Thetaris ends the wintertime and  is proud to announce  the new Theta Suite Spring 2013 release.

We focused on the full functionality of the so called "Excel bridge" which offers new possibilities to run models from Excel. Furthermore the Theta Suite Spring release improves significantly the speed of the Debugger Analysis and Evaluation Run.

For more information go to :  http://www.thetaris.com/thetasuite/

PRMIA Event on Discounting after the Financial Crisis

The PRIMIA Munich Chapter invited its community to a meeting with Dr. Roland Stamm, Deutsche Pfandbriefbank, and his talk about the "Discounting and Curve Construction Since the Beginning of Financial Crisis 2007" on the 18th of October 2012.

In the aftermath of the financial crisis one major pillar of financial engineering and risk-free pricing has disappeared: Interest rates for lending and borrowing money can no longer be assumed to be more or less equal. When spreads between lending and borrowing widened after 2007, financial engineers realized they had to look for new approaches to product pricing.

Even relatively simple products like basis swaps turned into a big challenge. Before the crisis, swaps could be priced very objectively from a known interest rate curve. After the crisis counter party risks started to play a major role. This not only affects the valuation of hedging instruments but also the valuation of collateral that nowadays has to be provided and actively updated during a product's life cycle.

Trading swaps between banks also has become a problem. Very often it is simply not possible to agree on one price. Financial engineers are just starting to establish theories to cope with this complicated world. Before the crisis structured products were challenging. Now, simple products can pose an even bigger challenge.

Please find the presentation here: Presentation: Discounting and Curve Construction Since the Beginning of Financial Crisis 2007

Eclipse Finance Day & Eclipse Con

Eclipse has grown from a simple open source Java development environment into a platform for large-scale enterprise applications. The Eclipse Finance Day on Oct. 16th in Zurich showed impressive examples of recent developments and usage of eclipse technology in financial institutions. Eclipse Con on Oct. 23rd in Ludwigsburg will be the next opportunity for exchanging experiences and ideas.

Thetaris at MATLAB Computational Finance Conference

Thetaris at the MATLAB  Computational Finance Conference
in London

19 – 20 June 2012

Thetaris will join the MATLAB Computational Finance Conference as one of seven exhibitors taking place in London from 19 to 20 June 2012.

As Thetaris uses MATLAB®’s power and flexibility to build tailored solutions for finance professionals the MATLAB Computational Finance Conference in London is an ideal event for demonstrating how Thetaris customizes MATLAB enabling quants and actuaries to obtain an efficient workplace which realizes computer aided finance - from prototyping to production. A good overview about this approach shows our publication Theta Suite – RiskManager Solution for Asset Manager

The MATLAB Computational Conference is strongly focused on the usage of MATLAB® to develop risk, trading, investment management and insurance applications. Keynote speeches, customer presentations and Master class tutorials will underline this approach.

Presentation: PRMIA Workshop on Variable Annuities

Great Success for the Workshop on Variable Annuities

Thank you for the large interest! The PRMIA (Professional Risk Managers' International Association) Munich Chapter meeting, took place on the 3^rd of April 2012 and has been organized by Thetaris. Variable Annuities (VAs) and their importance in the area of research and industry – this was one interesting and suspenseful aspect of the 3 presentations. After lively discussions with the three competent speakers most of participants took the opportunity to intensify the exchange of ideas and opinions during the following get together.

Janos Benk explaining the ThetaML based PDE solver FITOB

Free Workshop on Variable Annuities

-- 3rd of April 2012, 6:00 pm 

PRMIA Munich Chapter Meeting 

Workshop on Variable Annuities 

Rilano Hotel Munich

Dear Business Partners,

It is our pleasure to invite you to the above PRMIA Chapter Meeting, which is sponsored this time by the Thetaris GmbH. The Professional Risk Managers' International Association (PRMIA) is a non-profit professional association with more than 80,000 members in 205 countries (www.primia.org).

We are pleased to present you experienced speakers, which will refer about the VA’s on the angle of research and industry. The following agenda is planed:

18:00 
Welcome note PRMIA, Dominik Dersch and Welcome note by sponsor Thetaris and short introduction on Variable Annuities, Dr. Andreas Grau, CEO Thetaris

18:15

A High-Dimensional PDE-Based Approach for Capital Market Guarantees by Stefanie Schraufstetter, TUM

18:45
Massive Parallel Solutions of Variable Annuity PDEs by Janos Benk, TUM

19:15
How To Price & Hedge Variable Annuities With Unhedgeable Risk by Dr. Stefan Jaschke, Munich Re


19:45 
Get together and refreshment


The presentation will be held in German.

For free registration click here. 

We look forward to meet you on 3rd of April, 6pm at the

     Rilano Hotel. 

     Domagkstr. 26, 

     80807 München

Thetaris at PRMIA Global Risk Conference

-- May 14-16 --

Marriott Marquis, New York

See you at the first PRMIA Global Risk Conference: A great opportunity for exchange of ideas!

Release of Theta Proxy XL

— February 11th —

Thetaris presents the patented Theta Proxy: Provide your Excel with supercomputing power!

Theta Proxy XL is an easy to install add-in for MS Excel, which allows you to radically accelerate the processing of complex and thus “slow” formulas. Speed-up your MS Excel here!

Thetaris at MathWorks Seminar in Vienna and Frankfurt

— October 7th and 13th, 2011 —

In this specially for the Financial Industry targeted seminars, Dr Andreas Grau will give a speech on

“Computer Aided Finance: The Model-Based Design Approach for Financial Models using Matlab's power”.

Please find further information about the event Computer Aided Finance Seminar

2nd Finance Forum Germany and ISC 2010 Hamburg

Together with the company BCC Group International, Thetaris is exhibitor at 2nd Finance Forum Germany and at ISC 2010 Hamburg.