Deloitte

Enhancing central counterparty clearing (CCP) risk

Agent-based modeling (ABM) for central counterparty clearing risk is a bottom-up approach to the modeling of complex and adaptive systems with heterogeneous agents.  This model's emergent behaviors in the financial markets, which is particularly useful when simulating stressed scenarios or default events.

This ABM model is implemented jointly with Simudyne, a simulation software company, and Cloudera. Together, the solution combines a state-of-the-art CCP market model with an easy-to-customize, highly scalable, cloud-enabled platform for market participants to quickly and easily evaluate the implications of any proposed changes to the CCP’s risk management frameworks.

• Watch this webinar with Deloitte and Simudyne - ABM simulations for modeling CCP risk
• Download the ABM for central counterparty clearing risk paper

Insurance Claims Subrogation

Deloitte and Cloudera’s Insurance Claims Subrogation Solution uses advanced quantitative modeling, sentiment analytics and Cloudera’s Enterprise Data Hub (EDH) to enable a highly effective process for identifying claims that should be investigated for subrogation. By isolating those claims that statistically present the best opportunities for recovery, we are enabling our joint clients to dramatically improve financial performance with the least amount of time and cost.

• Download the Claims Subrogation Solution Brief

Customer Next Best Offer

Deloitte and Cloudera’s Customer Next Best Offer accelerator uses Cloudera technology to perform pattern analysis and gain insights about customer behaviors to enable clients to appropriately and efficiently fit future product and service offerings to their customers on a highly individualized basis. The accelerator can improve prospects for business growth and increase overall customer satisfaction through more effective digital marketing campaigns and call center communications.

• Download the Customer Next Best Offer Solution Brief

Comprehensive Capital Analysis and Review (CCAR)

Deloitte has developed a CCAR solution utilizing Cloudera Enterprise for data management that can offer cost savings for banks. The expected savings in software license and data management costs potentially exceed the costs of migrating your CCAR models. In addition, Deloitte has developed a number of tools and accelerators that help reduce the time, cost, and risk of migrating your models to this new and more cost-effective open-source environment that can be provisioned on-premises or in the cloud.

• Download the CCAR Solution Brief

Financial Risk

We have also had a great deal of success developing business value in the area of financial risk

• The need for good governance of Financial risk - we have run a joint webinar with ECB and we have a joint opinion piece in Forbes outlining the need for appropriate governance and frameworks for cloud based data, which you can find here. 

Deloitte Consulting LLP helps organizations grow their businesses and enhance value by identifying actionable insights. More than 23,000 professionals provide a broad range of capabilities across human capital, strategy and operations, innovation and technology that are aligned to the particular needs of specific sectors, businesses and organizations. Deloitte provides clients with leading business insights that can help generate a tangible and measurable impact.