CAPITAL MARKET RISK ADVISORS

CMRA/PRMIA Risk Governance Survey finds "Government Changing the Rules" the biggest concern of US Financial Institutions. Click here for the press release. Click here to download the full survey results.

To read about our new partnership with Risk Fundamentals, click here.

To see the bio of our new partner, Peter Niculescu, click here.

Capital Market Risk Advisors (CMRA) is the pre-eminent financial advisory firm specializing in risk management, risk diagnosis, financial forensics and risk governance. CMRA and its predecessor firms have played an integral role in the evolution of hedge funds, derivatives, structured securities and other complex financial instruments for more than 15 years. We work with investment and commercial banks, insurance companies, hedge funds, funds of funds, mutual funds, pension funds, endowments, foundations and other market participants. We offer practical solutions honed by the experience of servicing hundreds of clients on six continents over the years. CMRA was founded in 1994 by Leslie Rahl, who has 35 years experience in the financial markets. Ms. Rahl was previously the Co-Head of Citibank's Derivatives Group and served as a Director of ISDA for five years. Partners Barbara Lucas and Peter Niculescu are capital markets veterans with over a century of combined experience with respect to all types of derivatives, mortgage-backs, collateralized debt obligations and other complex and structured securities and transactions.

Clients include banks, broker dealers, hedge funds, fund of funds, mutual funds, insurance companies, pension funds and other financial market participants. As true "experts" whose practice is balanced between clients who are trying to avoid/solve problems and those who are litigating/investigating problems, CMRA is uniquely positioned to provide both pro-active and re-active services and was called "the Red Adair of financial engineering" by Grant's Interest Rate Observer.

With support from a network of quants and market practitioners, we are well-equipped to handle large and complex engagements. Our extensive hands-on market experience and knowledge of industry best practices coupled with our expert work in prior meltdowns make us uniquely qualified to advise managements and boards of directors on effective risk management before problems occur, as well as to help them evaluate, investigate, litigate and resolve problems after the fact.

We offer practical solutions honed by the experience of servicing hundreds of clients on six continents.
Our services include:

• CMRA/PRMIA Risk Governance Survey finds "Government Changing the Rules" the biggest concern of US Financial Institutions. Click here for the press release. Click here to download the full survey results.

• Capital Market Risk Advisors and Risk Fundamentals announce a joint venture to provide institutional investors, hedge funds and funds of funds with holistic services to address both quantitative and qualitative risks. To read the full press release, click here.
• Peter Niculescu Joins Capital Market Risk Advisors as Partner and Head of Fixed Income. Click here to see press release.
• Click here to read the latest survey by CMRA and Pensions & Investments.
• Click here for the CMRA Risk Insights Newsletter.
• CMRA web conference replays are available - click here to access them

Register with us to gain access to all the resources available on our web site, including CMRA articles, surveys and web conferences.