Wirecard – The rise and fall of a tech giant

hugoNews, Risk & Analytics

In the last few days, the Wirecard scandal was notably the most present in the business media. The German based company has been accused to allegedly frauded the amount of EUR 1.9 billion in terms of falsifying financial statements and misrepresenting balance sheet items. This scandal is gaining in importance because it was one of the largest German companies with … Read More

Report and Webinar: Comparison of Traditional Modeling Techniques and Machine Learning for Prediction of LGD

olofNews, Reg&Tech Solutions, Risk & Analytics

 FCG’s modeling experts Thomas Aldheimer, Irina Cirmizi, Jonas Ljungqvist and Mats Ehnbom worked with Global Credit Data’s huge database of Basel compliant defaulted bank loans to explore different model building techniques.  The modeling work was advised by a group of expert banking practitioners forming a working group of GCD and used GCD standard definitions to develop a range of models, with a focus on Machine … Read More

Tove Bangstad – welcome to FCG Fonder!


Earlier this spring, the Board of FCG Funds was joined by Tove Bangstad. FCG Fonder co-founder Johan Schagerström says of the added expertise, ” We have been looking to further add to our Board with experience from the ‘client side’ of our business, and Tove is truly the embodiment of that. With long experience, a humble view of the industry … Read More

FCG Insight: New prudential requirements and more for investment firms


  In the fall of 2019, EU introduced a new regulatory prudential framework for investment firms. Even though the new regulations in a broad sense cover the same aspects as the existing prudential requirements, investment firms can be sure to be in for a good deal of novelties and changes. Read the insight by submitting the form below:

Finansinspektionens remisspromemoria för marknadsrisker i övrig verksamhet

olofNews, Risk & Analytics

Finansinspektionen har presenterat sin remisspromemoria för marknadsrisker i övrig verksamhet. Remissförslaget som väntas slutföras under hösten innebär en anpassning till EBA:s guidelines för hantering av ränterisk i bankboken och beräkning av kapitalkrav för dessa risker. Metoderna innebär mer komplexa beräkningar och skapar behov av förbättrat systemstöd. EBA SOT ska beräknas för alla positioner med räntebindning – ställer krav på ny … Read More

FCG appoints Pekka Pykäri as CEO of FCG Risk & Compliance OY


We are happy to announce the appointment of Pekka Pykäri as CEO of FCG Risk & Compliance OY. We opened our office in Finland in 2019, and as of March 2020, the Finnish operations is conducted in the newly established company FCG Risk & Compliance OY. Pekka Pykäri has been with FCG since the launch of our office in Finland … Read More