Banks and asset managers

Framing

Macro funds, multi-strategy desks, sovereign wealth, and global banks already have internal economics teams. What they buy externally is targeted, replicable analytical work on questions where speed of synthesis and primary-source rigor outweigh permanent headcount. The 2026 environment is dense with such questions: regional bank CRE exposure, private credit transparency, sovereign-bank doom loops in European peripheries, repo-funded basis trades, USD funding stress in non-US bank balance sheets, and the macro signature of the AI capex cycle.

The Argus platform is the technical backbone for this work, with 134 risk modules across six layers, CCAR-style stress testing, CoVaR and SRISK methodology, and ICE BofA HY OAS, BIS credit-to-GDP, and FRB Financial Conditions Index inputs. Engagements are typically scoped as named macro studies, weekly or monthly intelligence briefs, or quarterly stress-test reviews.

The OMC posture means a single-author signature on every memo, no junior review layer, and the ability to engage on highly specific questions a generalist firm cannot economically take.

Decisions we inform

• Sizing macro tail risk in a portfolio's positioning across credit, rates, and FX.
• Stress testing the impact of named macroprudential or monetary scenarios on bank balance sheets.
• Forecasting the macro signature of the AI capex cycle in TFP, CPI, and labor data.
• Identifying brittle joints in the global financial system across funding, banking, and sovereign channels.
• Building defensible trade-flow narratives for thematic investment positioning.
• Briefing chief economists and risk committees on cross-asset structural shifts.

Named offerings

Sample questions

• We are short the regional bank index. Build us the CRE exposure and securities AOCI loss waterfall for the top 25 names under a 200 bp rate shock.
• How does the AI capex cycle show up in TFP and CPI over the next eight quarters? Build us a defensible decomposition.
• Our credit team is sizing exposure to the European sovereign-bank doom loop. Where are the brittle joints in 2026?
• We need a quarterly macro brief. Where do the Argus indicators say the system is most stressed right now?
• Build the BACI panel behind a thematic short on US apparel retailers given tariff scenarios.