Page 3

Foreword:

Jaap Karelse & Gerbert van Grootheest

Page 4

Interview:

ING experts on savings modeling

Page 5

Vision:

The future EBA stress test framework

Page 6

Vision:

Structural Foreign Exchange risk in practice

Page 7

Trend:

Insurers at the boiling point

Page 8

Interview:

Martijn Habing (ABN AMRO) on model risk

Page 9

Vision:

The ISO 20022 XML standardization transformation

Page 10

Vision:

Hedge ineffectiveness in uncertain times

Page 11

Vision:

IBOR transition effects for the insurance industry