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Risk & Portfolio

Reverse Stress Testing

Also called: reverse stress test, break the bank test

Reverse stress testing starts from failure and works backwards: what set of events would make this firm non-viable? It's the antidote to ordinary stress tests, which choose scenarios management already finds plausible and therefore already survives. Regulators require it precisely because it forces attention onto the unimagined combinations — correlated shocks, funding withdrawal and a reputational hit arriving together.

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