Quantitative Risk Management

Measure and manage the potential effect of risks on the performance of the firm

Our quantitative risk management (QRM) services focus on banks and insurers, helping them to better establish a balance between risk and return. By quantifying the risk held on their books (as a measure of uncertainty of their returns) they can mitigate potential losses. The QRM practice addresses the needs of the client organization as it seeks to manage risk, whether in response to internal mandates or those of external parties such as regulatory authorities. Recent areas of focus have included the development and validation of models for CCAR, DFAST, and CECL.


Hedgehog consultants have invaluable experience gained working at the Federal Reserve, credit rating agencies and the “Big Four” consulting firms, as well as consumer, commercial and investment banks.

Talk to us for assistance with specific areas of quantitative risk management, including the following:

  • Model documentation
  • Model development and testing (including the calibration and specification of models)
  • Model risk management (including internal and regulatory policy, model standards, etc.)