This software program has been designed to quantify both operational and ... businesses, that is, to record events of lo
T041
FINANCIAL RISK MANAGEMENT SOFTWARE
CONTEXT & APPLICATIONS
BENEFITS
A flood of new complex regulations has overwhelmed banks and other organizations in recent years. Implementing compliant solutions within tight deadlines has often compromised risk visibility.
Quantification
This software program has been designed to quantify both operational and liquidity risk so that financial sector organisations reduce their capital charge, their losses and can meet the requirements of national and international regulators.
Management
The current software available in the market both at national and international levels are directed generally to manage (qualitative measurement) financial risks in businesses, that is, to record events of loss, identify the materialised risks and generate alerts through indicators and risk maps. This has been sufficient until now, since regulators have allowed the measurement of risk to be done qualitatively, however, currently most companies already have enough historical data and therefore are expected to conduct quantitative measurements. The software uses different VaR methods to calculate the minimum level of liquid assets to be maintained daily to prevent the realisation of liquidity risk in different time horizons and given a confidence level, both normal scenarios and crisis scenarios.
of the minimum level of liquid assets to be maintained daily to prevent the realisation of liquidity risk in different time horizons both normal scenarios and crisis scenarios. of statistical models using value at risk methodology.
Expedite
decision-making when the risk mate-
rialises.
Reduced
processing time and operating costs.
Savings
of at least 50% in financial loss, reduced response times (materialisation of risk) from days to minutes.
Management
backtesting
Quantification
of risk by business line
Userfriendly interface and intuitive portability and usability.
Reduction
in time and costs for adaptation and implementation of the technology.
THE KNOWLEDGE AGENTS ALLIANCE CONFIDENTIAL 1
T041
FINANCIAL RISK MANAGEMENT SOFTWARE
IP STATUS The technology is protected by the copyright regime worldwide.
DEVELOPMENT STAGE The technology has a first version that is already being marketed.
ORGANIZATION PROFILE Relevant Latin American technological organization that mediates, coordinates and promotes innovation between public and private organizations.
KEYWORDS operational and liquidity risk financial software liquid assets minimum risk-aware software
CONTACT
Elisenda Casanelles commercialisation responsible
[email protected] +34 93 266 71 38
THE KNOWLEDGE AGENTS ALLIANCE CONFIDENTIAL 2
