ARNIE in Action – OeNB’s Stress Test Framework Including Climate Risk

The Austrian Central Bank (Österreichische Nationalbank, or OeNB) conducts stress tests to assess the resilience of the banking system and to analyze potential drivers of systemic risk, complemented by more specialized exercises (e.g. climate risk). Martin Guth, a stress test analyst at the OeNB, talks about ARNIE, the bank’s stress-testing platform, which was created using MATLAB^®.