MMD Global Advisory is an independent country risk and capital markets advisory firm. We combine the benefit of experience, qualitative analysis and quantitative technical rigor to assess fundamental conditions underpinning risk and opportunity.
MMD Global Advisory is an independent country risk and capital markets advisory firm providing practical and effective services:
The Valuable Hour
- Assessment on country specific strengths and vulnerabilities
- Insightful scenario discussion and review of contingent risks
- Counsel on geopolitical risk exposure
Capital Markets
- Transactions/commitment review from country risk perspective
- Guidance on tenor and limit exposure
- Highlight on immediate risks and more long term secular risks
Corporate Treasury
- Assessment on convertibility risk/capital controls risk
- Country risk and counterparty suitability
- Country risk effecting vendor, counterparty and country exposures
Internal Audit Function
- Country Risk Management (CRM) as critical component of the Enterprise Risk Management (ERM) process, reporting to the Audit Committee or full Board of Directors
- Effective CRM communication and practice in the organization
- Counsel on geopolitical risk exposure
MMD HIGHLIGHTS (scroll down)
Diligence is the mother of good fortune.
—Benjamin Disraeli
July 2025
MMD retained to do Sovereign Ratings Validation project for large European savings and retirement group.May 2025
Mike McDonnell conducts, at the request of PRMIA. a repeat presentation of “Covid-19 and Country Event Risk” for its Thought Leadership Webinar series. MMD-led PRMIA webinar presentations have involved the participation of 68 global financial institutions.April 2025
Mike McDonnell interviewed on latest economic development initiatives in Saudi Arabia for the “Energy News Beat” podcast series.January 2025
Managing Director Mike McDonnell participated in the Private Investor Conference hosted by Family Office Club in Beverly Hills, California.April 2024
Upon request, Mike McDonnell conducted a repeat PRMIA Thought Leadership Webinar, “A Political Risk Primer”, for the industry association membership.October 2023
Managing Director Mike McDonnell participated in the Private Investor Mastermind event hosted by Family Office Club in Scottsdale, Arizona.June 2023
MMD develops its Gross Risk International Premium (GRIP) methodology toward determining the risk premium or hurdle rate for investing in the global real estate markets.January 2023
Mike McDonnell conducts the PRMIA Thought Leadership Webinar “A Political Risk Primer” for the industry association membership.August 2022
MMD develops its proprietary Geopolitical Risk Framework composite scoring system and “tear sheet”.MARCH 2022
Mike McDonnell leads PRMIA Thought Leadership Webinar, “A Four Point Rendering of the Geopolitical Environment”, focusing on the critical factors affecting geopolitics and its influence on risk-taking.June 2021
Mike McDonnell leads PRMIA Thought Leadership Webinar, “Country Risk: Select Case Studies”, focusing on the type and variety of country macro crisis episodes.September 2020
MMD Managing Director Mike McDonnell conducted a Thought Leadership Webinar, “Covid-19 and Country Event Risk”, for the Professional Risk Managers International Association (PRMIA)January 2020
MMD relocates main office from Berkeley to Walnut Creek, CaliforniaSeptember 2019
Mike McDonnell delivers webinar for the Western Bankers Association (WBA), “Understanding Credit Risk Management in this Volatile Global Environment from a Country Risk Perspective”.August 2019
Mike McDonnell gives presentation, “Country Risk: Select Case Studies”, at the Federal Reserve Bank of San Francisco.March 2019
Mike McDonnell delivers lecture, “Country Institutions and their Importance – Extractive vs Inclusive”, at the Munich Business School.January 2019
MMD develops comparative of Solvency Institutional Ratings Estimates scores (SIREs) and internal ratings vs agency sovereign ratings.January 2018
MMD develops its Political Risk Curve methodology highlighting relative country vulnerability to political risk event/insurance claim occurrence.November 2017
MMD engages in informal discussions on Country Risk, Sovereign Default Risk and Risk Management practice with leading multi-lateral.October 2016
For CRO at large institutional investor, MMD provides review and model-supported default risk assessments and tenor guideline recommendations covering Latin America country survey.July 2016
MMD relocates main office from Starnberg, Germany to US location in Berkeley, California.March 2016
Spring Munich Country Risk Forum, MMD co-moderator of the event hosted at Siemens in Munich. Representatives from seven area financial and corporate institutions participated.March 2016
MMD develops Country Tenor Guideline model covering 200+ sovereigns and applicable toward loan and direct-risk counterparty exposures.February 2016
MMD conducts Country Risk Workshop at Bayern LB in Munich.December 2015
Mike McDonnell delivers lecture “Country Risk: Select Case Studies” at Ludwig-Maximilians University in Munich.December 2015
MMD conducts Country Risk Workshop at the Multi-lateral Investment Guarantee Agency in Washington DC, “The Non-Honoring of Sovereign Financial Obligations – Methods on Risk Assessment: Presentation and Discussion at MIGA”.October 2015
Fall Munich Country Risk Forum, MMD co-moderator of the event hosted at Allianz SE in Munich.August 2015
MMD develops logit-based sovereign default risk model covering 202 countries and sovereign jurisdictions.May 2015
MMD develops noise-to-signal based Early Warning System (EWS) model covering ten large emerging market economies.March 2015
Mike McDonnell delivers presentation, “Country Risk: Relevance for Non-bank Financial Institutions”, at IIF executive program on country risk held in Dubai, UAE, and jointly sponsored by the IIF and DIFC.March 2015
Spring Munich Country Risk Forum, MMD co-moderator of the event hosted at Bayern LB in Munich.December 2014
Mike McDonnell delivers lectures on country risk at political economy seminar held at Ludwig-Maximilians University in Munich.November 2014
Participant at the Institute of International Finance (IIF) Economic Advisory Committee (EAC) meetings, Madrid, Spain.September 2014
Munich Country Risk Forum, co-moderator of inaugural German forum.May 2014
Qatar Investment Authority (QIA), Doha. MMD Country Risk Workshop.November 2013
International Monetary Fund (IMF), Washington, DC, panel discussant in internal workshop on ﾠRisk Management Framework.