The Risk determination and management is a nuclear function to the Bank and Insurance activity. These Institutions may now perform this function using one of the most complete tools of Business Intelligence and Decision Support, RISKinfinis.
Multiple Risks, one unique Reality
Financial activity entails multiple risks. The threats from the market and the demands of the Supervisory and Regulation Authorities oblige the Institutions to put on the spot tools and procedures which allows their management to be done in the most efficient and effective way. Using RISKinfinis they can develop and use risk models in a data detailed log of Contracts, Customers and Transactions which reflects, at any time, the real position of the Company.
Multiple Modules
Due to the different nature of the multiple types of risks involved, the current market Solutions are dispersed and come from different origins. RISKinfinis offers a data log conceived to make available all the main, coherent and necessary information to the several disciplines working in risk management. The models and applications can be tools developed or market Solutions in areas such as ALM or credit risk.
Putting the Solution pieces together
The main data is taken from the operational systems into the corporate Data Warehouse or into a Data Mart. Methods and tools of Data Extraction, Cleaning, Standardizing and Loading are used, and the data is stored in a high performance relational database, according to a Financial Data Model.