One of the world’s largest banking and financial
services institutions, HSBC, needed to extract meaningful insight from billions
of data points to run risk simulations on a regular basis. In collaboration
with Google Cloud, HSBC developed its groundbreaking Risk Advisory Tool with
transformational results, such as:
- The
ability to run innumerable 'what if’ risk simulations simultaneously, 16x
faster than before
- Empowering
traders to better manage their portfolios on an intraday basis
- Enabling
trading teams to assess capital requirements needed to cover potential
rating downgrades and default risks
- Opening possibilities in other evolving risk areas, including ESG and climate-change risk