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Jeff Hasmann

Jeff Hasmann, Senior Solutions Architect, SAS Global Risk Practice

Jeff Hasmann is a Senior Solutions Architect in the SAS Global Risk Practice. Hasmann has more than 20 years of experience with finance and risk management in the financial services industry. During his career, he has served as both a senior risk manager and corporate treasurer at several large firms. Hasmann, at SAS since 2002, has supported efforts in banking, capital markets and insurance and has played an active role in developing SAS’ capabilities in market risk, credit risk, liquidity risk, Basel II and asset management.

Why banks struggle with counterparty risk management

large bank

To make an impact, counterparty exposures, risk sensitivities and trading events must be monitored intraday, and CVA must be allocated in near real time as trades are executed. The requirement to deal with counterparty risk in near real-time creates significant difficulties for many banks. Jeff Hasmann examines the difficulties and solution.

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