Understand and manage micro and macro-economic risk. Pitch by Jos Berkemeijer, managing partner at Symetrics, at the IIR Mortgage Congres in the Netherlands. November 2015.

1. Introduction Symetrics - Jos Berkemeijer - IIR Mortgage Week - The Netherlands - Symetrics©2015 1November 2015
Understand and Manage
Micro&Macro-EconomicRisk

2. Symetrics
Introduction Symetrics - Jos Berkemeijer - IIR Mortgage Week - The Netherlands - Symetrics©2015 2November 2015
 Jos Berkemeijer, Managing partner at Symetrics
 Symetrics was founded in March 2014 after four years of feasibility studies
 Our team consists of 12 experts with different backgrounds in
econometrics, macro-economics, investments, actuarial and regulatory
practice and political and economic-geographical science
 Our clients include banks, insurance companies, pension funds, asset
managers, regulators, industry associations, international institutions and
wealth managers
 Symetrics has offices in The Netherlands (Apeldoorn, Breukelen) and a
London office
 We help our clients to truly understand and manage micro and macro-
economic risk

3. What we hear from our clients
Introduction Symetrics - Jos Berkemeijer - IIR Mortgage Week - The Netherlands - Symetrics©2015 3November 2015
 We want to better understand the drivers behind macro-economic risk
 How to get a handle on the impact of macro-economic risk on the balance sheet?
 Can we reduce our dependency on crises scenarios

4. The problem we solve
Introduction Symetrics - Jos Berkemeijer - IIR Mortgage Week - The Netherlands - Symetrics©2015 4November 2015
Full Risk Compliance!

5. Holistic approach
Introduction Symetrics - Jos Berkemeijer - IIR Mortgage Week - The Netherlands - Symetrics©2015 5November 2015

6. What’s different?
Introduction Symetrics - Jos Berkemeijer - IIR Mortgage Week - The Netherlands - Symetrics©2015 6November 2015
Traditional Linear Scenario Model
 Add shocks (excessive)
 Extrapolation of historical data
 Mean reversion
 No crisis, No asset bubbles
 False sense of safety

7. What’s different?
Introduction Symetrics - Jos Berkemeijer - IIR Mortgage Week - The Netherlands - Symetrics©2015 7November 2015
Traditional Linear Scenario Model
 Add shocks (excessive)
 Extrapolation of historical data
 Mean reversion
 No crisis, No asset bubbles
 False sense of safety
Behavioral Scenario Model
 Add shocks (realistic)
 Add behavior rules
 Add micro-data
 Crisis, Asset bubbles
 Realistic risk projection

8. Welcome to SyMath
Introduction Symetrics - Jos Berkemeijer - IIR Mortgage Week - The Netherlands - Symetrics©2015 8November 2015
Risk Application Platform
Result realistic macro-economic
balance sheet risk management

9. SyMath applications
Introduction Symetrics - Jos Berkemeijer - IIR Mortgage Week - The Netherlands - Symetrics©2015 9November 2015
 Risk-based valuation and pricing
 Stress testing
 ECB Macro (prudential) stress tests
 Stress test PD, LGD & EAD model-parameters
 Micro and macro-economic risk attribution
 Mortgage, loan, credit and derivative portfolios

10. Example micro-macro mortgage risk attribution
Introduction Symetrics - Jos Berkemeijer - IIR Mortgage Week - The Netherlands - Symetrics©2015 10November 2015

11. Worries now that Symetrics enters the market?
Introduction Symetrics - Jos Berkemeijer - IIR Mortgage Week - The Netherlands - Symetrics©2015 11November 2015
The financial market is now able to better
understand micro and macro-economic risk

12. Worries now that Symetrics enters the market?
Introduction Symetrics - Jos Berkemeijer - IIR Mortgage Week - The Netherlands - Symetrics©2015 12November 2015
Branch Office
Symetrics B.V.
De Corridor 5 C
3621 ZA Breukelen
The Netherlands
Tel. +31 34 671 5065
Corporate Office
Symetrics B.V.
Het Rietveld 55a
7321 CT Apeldoorn
The Netherlands
Tel. +31 55 201 8829
W: http://www.symetrics.eu/
London, United Kingdom
Symetrics is a member of
London (Canary Warf based)
FinTech Incubator Level39
Risk Analytics Platform