International Financial Institution
Overview
A global Risk Desktop with secure web access was created to integrate the financial institution's global Market Risk management and global Credit Investment management into a single high-performance, feature-rich, and easy-to-use analytical Platform that can be securely accessed via the web by various executives and analysts in the bank's General Risk Division.
Benefits
· Market Risk:
The Financial Institution could now calculate on-line, interactively at any time, their overall Value at Risk (VaR), as well as VaR of any specific instrument in their investment portfolio to any level, including Greeks metrics (mathematical measures). Such metrics represent the sensitivity of the price of a derivative instrument (such as an Option), to a small change in one or more underlying parameters, on which the value of a given financial instrument or portfolio depends.
· Investment Risk:
Credit risk analysis from any perspective and geographical area, with highly dynamic and detailed interactive breakdown capabilities. It allows the bank to monitor and manage credit positions at all organizational levels (usually following a top-down management analysis), as well as those of its entire branch network in a unified manner, with the ability to drill down into any level of detail and type of debt, visibly enabling it to make faster decisions to properly manage the amounts and probability of default for each of those organizational levels.
· Integration of Market & Credit Risk Management:
Obtained a unified, easy-to-use corporate Risk Desktop with numerous built in functions and secure web access to Platform information.