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From The Lausanne Training and Development Group
Counterparty Credit Risk Management and Basel III
... the integration of credit risk with market and Behaviour analysis; thus, it introduces the management of Credit Value Adjustments, Wrong Way as well as systemic Risks.
The analysis of Counterparty in Credit risk is an essential in Risk and profitability Management. Moreover, the identification of Current and Future Credit Exposures is driven by both counterparty and market financial analysis
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