Since 2009, financial institutions have been rapidly advancing their use of enterprise-wide stress testing to meet increasing regulatory demands and evaluate their capital adequacy. Enterprise-wide stress testing requires a projection of losses conditional on a specific macroeconomic scenario, and has required most banks to develop new methodologies, models, and infrastructure. This has been the main focus of risk management at financial institutions in the years since the financial crisis.

In 2013, the IACPM and Oliver Wyman jointly conducted a survey with leading financial institutions around the world focused on the existing and planned uses of enterprise-wide stress testing.  55 IACPM members participated in the survey, including the world’s largest banks and insurance companies across North America, Europe and Asia-Pacific.

A White Paper outlining the survey findings can be found here:
IACPM/Oliver Wyman Survey: Perspectives on the Evolving Role of Enterprise-Wide Stress Testing