About this paper
Since the global financial crisis of 2008, stress tests have taken on growing importance and prominence in financial institution supervision and regulation. This report by the Global Association of Risk Professionals (GARP) and SAS is based on survey results from 89 executives and practitioners directly or closely involved in the process at a globally distributed sample of financial institutions. It sheds light on the state of stress testing as perceived by those who are “in the trenches.” From these results, a picture emerges of the level of maturity and effectiveness of the processes and procedures that these organizations have put in place to implement stress tests.
SAS is marktleider in analytics. Met innovatieve analytics, business intelligence en data management software en dienstverlening, helpt SAS klanten op meer dan 83.000 locaties sneller, betere beslissingen te nemen. Al sinds 1976 levert SAS haar klanten wereldwijd 'THE POWER TO KNOW'.