GRR– Key Takeaways
•GRR is a consolidated risk report for clients with more than one portfolio and other assets such as real estates, arts, yachts and should be seen as a “ Risk custodian”.
•GRR allows clients to have a global risk overview of their total wealth and is instrumental to de-risk the portfolios and allocate risk budgets by asset class/instruments.
•GRR brings value to clients by: Equipping him/her with global overview of his/her wealth, §Spotting best-in-class/worst-in-class asset managers, §Being a decision-taking tool, among other things.
•Last but not least, GRR allows CROs to have a deeper knowledge of their clients which is good from a risk/KYC and business perspective. It potentially opens the door to new discussions.
GRR – Key Benefits
For the client
GRR allows clients to have a global risk exposure of their assets and help them to reduce the risk.
For the bank
GRR is a powerful tool to pitch clients, bring value-added and increase assets under management.
GRR allows CRO’s to have a deeper knowledge of their clients: §Access to other portfolios and illiquid assets (included), §Identify the best and worst asset managers, §Help to pitch the client (increase assets under management)
