INSIGHTS

Reflections on Future Counterparty Credit Risk Modeling Challenges

Hernan Zuniga — Fri, 10 Apr 2026 14:59:09 GMT

As we move further into 2026, it is worth reflecting on future challenges to modeling CCR risk.Let’s start by focusing on how the ecosystem has evolved in recent years, driven by regulatory intervention.

Navigating the Five Cs in Private Credit Risk Management

Vishal Sodha — Wed, 08 Apr 2026 04:00:01 GMT

The boom in private credit over the past decade has taken this asset class from a sideshow in an obscure corner of the financial markets to an estimated $1.5 to $2 trillion headline act, with private credit funds, global asset managers and investment banks all vying for a slice of this lucrative pie. The investment premise was always based on superior risk-adjusted returns, low volatility, rigorous due diligence and watertight structures with the protections of real collateral and a comprehensive covenant package.

Guardrails or Gates − Structuring AI Governance to Drive Growth

Spencer Baum — Mon, 06 Apr 2026 03:59:59 GMT

There’s no question that the introduction and use of AI, whether across the enterprise or more narrowly focused, requires a governance strategy. But many firms should be asking themselves if their approach to governance is comprehensive enough. Too often, firms address AI risks only after deployment, responding reactively to regulatory scrutiny or operational issues as they arise.

Choosing the Right AI Partner in Financial Services

Rob Stone — Thu, 02 Apr 2026 16:13:06 GMT

AI is reshaping financial services, but not in the way most firms expect. The firms that will pull ahead are the ones running AI inside governed workflows, where deterministic controls, auditability, and accountability are non-negotiable. That is the difference between isolated pilots and sustained advantage.

SMA Prioritization in 2026 and Beyond

Noah Levin — Tue, 31 Mar 2026 04:00:00 GMT

The importance of offering separately managed accounts (SMAs) as part of a manager’s product suite cannot be overstated, as evidenced by the double-digit growth in both sales and assets that the vehicle has experienced in each of the last two calendar years. There has been strong, consistent demand for both manager-traded and model-delivered implementations, not to mention the emerging adoption from channels outside of the historically dominant wirehouse firms. The personalization and tax-management capabilities afforded by direct indexation and its associated technology advancements have been the most significant drivers of growth for the vehicle, and have exponentially accelerated opportunities into non-US equity asset classes. To capitalize on all this momentum, it is essential to have strategies suited for more than one implementation, national accounts and national sales organizations that are in sync and attuned to key distributor preferences and enhancements, as well as support to take the advisors/advisor teams through the entire process.

Solvency II Review − From Regulatory Change to Balance-Sheet Advantage

Paolo Laureti — Mon, 30 Mar 2026 17:27:30 GMT

The Solvency II Review will come into effect January 2027, fundamentally changing the way European insurers build the risk-free curve, apply long-term guarantee measures and evidence prudency. The practical challenge, however, is its impact on the operating models: more parallel runs, tighter governance, and more scrutiny on explainability across Solvency Capital Requirement (SCR), Own Risk and Solvency Assessment (ORSA), use test and group reporting.

Separately Managed Accounts Enter the Age of Discipline

Jason Costa — Thu, 26 Mar 2026 17:45:08 GMT

Separately managed accounts are no longer a novelty in the institutional investment landscape. What began as a specialist product offering has grown into a core part of how hedge fund managers raise capital and how allocators construct portfolios. In our "Separate Ways II: The SMA Playbook for 2026" report, produced in partnership with Hedgeweek, we surveyed 100 hedge fund managers and 50 allocators globally to examine precisely where this market stands today. Our research illustrates a maturing industry grappling with the gap between promise and operational reality.

The Transformation of Alternative Investment Data Management

Jeff Cohen — Thu, 26 Mar 2026 16:18:17 GMT

Alternative investments have moved away from the periphery of wealth and institutional portfolios to a core allocation. While this shift has delivered diversification and return potential, it has also exposed a widening gap between portfolio complexity and the operational infrastructure required to support it.

Growth Era of Indian AIFs − Why the Right Compliance Partner Matters

Uma Sheth — Wed, 25 Mar 2026 04:00:00 GMT

Alternative Investment Funds (AIFs), privately pooled investment vehicles that invest in alternative asset classes such as private equity, venture capital, real estate and hedge strategies, are experiencing remarkable growth in India and the International Financial Services Centre (IFSC). Alongside this expansion, Fund Management Entities (FMEs), the organizations responsible for managing and operating these funds, are facing extensive regulatory requirements.

Five Strategic Priorities for UK Family Offices

Alan Baron — Tue, 24 Mar 2026 04:00:00 GMT

The family office model has become a structural force in capital markets, particularly in Europe. Single-family offices alone control at least $4.7 trillion globally, with estimates rising to $6 trillion when multi-family offices are included. As private capital expands and intergenerational wealth transfers accelerate, UK-based family offices are navigating a period defined by scale, scrutiny and structural complexity.