Double Effect Amsterdam ISO certified
Double Effect Amsterdam is ISO 9001 : 2008 certified!
This means the quality management system of Double Effect complies with the requirements of the ISO norm. The certification acknowledges our continuous drive for delivering high quality services. On a yearly basis an external auditor will check if Double Effect still complies with the requirements of the norm.
For more information regarding the certification you can contact Dennis Martens.
presentation at recruitment event NUS Singapore
Double Effect Singapore will be presenting on the recruitment event of the National University of Singapore this Thursday the 9th of February.
In addition to introducing Double Effect, the presentation will include a real-life case on the topic of integrating two Private Banking divisions at an International Bank. Students can participate in exchange of thoughts and ideas with the Double Effect consultants.
For more information, please download the flyer from the event or contact our Singapore consultants.
'The Future of Banking' DSF seminar
At the end of December the Duisenberg School of Finance (DSF) in Amsterdam organised a seminar on the recently published book ‘The Future of Banking’. Double Effect was represented by Martin Koudstaal, consultant and recently returned from a pre-PhD study at the Duisenberg School of Finance, and Pablo van den Bosch, partner at Double Effect.
The seminar focused on the hazardous relationship between sovereign risk and bank risk, a very current topic. Various solutions were discussed by speakers such as Arnoud Boot, Financial Markets professor at the University of Amsterdam, and Dirk Schoenmaker, Dean of the Duisenberg School of Finance. Important topics included ‘ring fencing’ of certain bank parts and internationalisation of the bank regulation.
Would you like to know more about the seminar? Please view the summary of the seminar. In case you have any queries, you can contact Martin Koudstaal.
‘The Future of Banking’ eBook can be downloaded from the VOX website.
UCITS IV: incentive for the European Asset Management business
Ad van Doorn, consultant at Double Effect, recently published an article in Banking & Finance that UCITS IV has a positive impact on the European Asset Management industry. The publication is the outcome of a European analyses executed by Double Effect in close cooperation with Eurogroup Consulting. Click here for the publication.
The study showed that the original objective of the European directive – further development of the European market for Asset Management Funds – has not clearly revealed yet. Nevertheless UCITS brings more transparency and sales opportunities to the European funds. If you want to get more information about the impact of UCITS IV on Asset Managers: please use this link to contact Ad.
7th Double Effect breakfast session: vivid discussions
The 7th edition of the Double Effect Breakfast Session took place in November. The guests were invited for breakfast at “Huize Frankendael” inAmsterdam.
This time Double Effect had the honor to welcome Peter Paul de Vries as guest speaker, after guest speakers such as Gerrit Zalm, Foppe de Haan, Arthur Docters van Leeuwen and Arnoud Boot.
In an interactive session the ex-director of the Dutch Association of Securities’ Owners, Peter Paul de Vries, gave his vision on entrepreneurship in the current financial market.
Subjects included the Dutch Association of Securities’ Owners, Code Tabaksblat, the Euro Crisis, Value8 and how to gain more revenue as a bank. Also the growth of transparent and less costly products. Last, the threats and opportunities of social media were discussed.
The quote of Peter Paul de Vries ‘Minds are like parachutes, they can only function when they are open’ is one worth to remember.
Many thanks to Peter Paul de Vries and our guests for this successful and vivid Breakfast Session!
Ois discounting & CVA training
End November our risk director Bert-Jan Nauta gave a training in London on OIS discounting and CVA to risk professionals from a number of European banks.
The participants were both enthusiastic and active during the training. Besides the prepared material a number of interesting and stimulating topics were discussed, such as the valuation of collateralized trades when collateral is in a different currency, or the relation between funding cost and CVA and DVA.
Double Effect expands with the opening of its Singapore Office
Double Effect is very pleased and proud to announce that as per Monday August 15, 2011, the Double Effect Pte. Ltd. Office in Singapore is fully operational.
Since the start in 2003, Double Effect has a strong international focus on project execution in various European locations, the Middle East, America, but most of all also in Asia. The strong relationships with existing clients and the extensive Double Effect network in APAC make Singapore the ideal and logical choice for our first step in the international expansion of the company. The strategic expansion will boost the presence and service-offering of Double Effect in Asia and will further strengthen existing, as well as grow new client-relationships.
Double Effect looks forward to continue their strong growth in Amsterdam and Singapore, while maintaining the high quality of personal, professional service they provide their clients to solve business issues and to drive clients' business improvement.
See also our press release for contact details.
Double effect summary: Basel 3 impact on Dutch banks
The Basel 3 regulations remain a topic that attracts a lot of attention. The potential impact on economic growth, profitability and strategic direction of banks are widely discussed. However, for banks not only the strategy is important, but its implementation as well.
In our view, a bank should manage three dynamic forces to implement Basel III regulation:
1. Strategy: how do Basel 3 requirements affect the strategy and risk appetite of the bank?
2. Regulation: do other regulatory developments related to risk, capital and liquidity management affect the envisioned implementation approach?
3. Approval: how will the Dutch Central Bank (DNB) monitor and approve the implementation?
Double Effect has developed a brief summary of Basel 3 impact on Dutch banks, see also our brochure .
double Effect's seminar on 'fund transfer pricing 2011' successful
Banking and Finance professor Jean Dermine from INSEAD talked about 'today's six pitfalls with fund transfer pricing' on Double Effect's first ALM/Treasury seminar.
During the seminar the impact of recent events, such as the liquidity crisis and Basel III fortcoming regulations, on the fund transfer pricing are discussed. From Dutch banks, ALM and Treasury representatives attended the seminar.
For more information please visit the personal page of Jean Dermine on the INSEAD website.
publication "guide to the ACi dealing certificate"
Double Effect published the "Guide to the ACI Dealing Certificate", a complete reference work for professionals in the financial services industry, in cooperation with Financial Markets expert Lex van der Wielen.
The book is published in Dutch and may be ordered through Double Effect using our contact form. Please also visit the website of Lex van der Wielen: http://www.tfma.nl/.
Double Effect presentation at FinMath spring meeting
Bert-Jan Nauta gave a presentation at the FinMath Spring Meeting at VU Amsterdam.
He addressed the question if "Credit Risk Adjustments" should be categorised under market risk or credit risk. Bert-Jan showed that several models will give different anwers to this question.
He pointed out to he academic public that this is a interesting case, from both a practical and an academic point of view.
View the FinMath Spring Meeting presentation.
publication of 'operations handbook for the financial markets professional'
Financial Markets expert Lex van der Wielen and Double Effect published the "Operations handbook for the Financial Markets professional". This is a complete guide covering all Operations aspects related to financial markets. It is also of perfect use for preparation of the ACI Operations Certificate exam.
The handbook can be ordered via the contact form. We also refer to the website of Lex van der Wielen: http://www.tfma.nl
double effect @ Career events 2011 & 2012
Double Effect is participating in different career events during 2011 and 2012 to meet new talent in person.
On this page we will keep you posted when and at which events we will be present. In the meantime, please go to our career page to see the latest vacancies.
We are always looking for talented, proactive & enthusiastic people, who want to further their career in consulting and financial services.
