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Average Ratings 0 Ratings
Description
RiskAvert serves as a comprehensive risk management platform designed for financial institutions to efficiently collect and reconcile data, compute, aggregate, and report on various regulatory risks including credit, market, operational, and concentration risk within a seamlessly integrated yet flexible framework. It provides complete methodologies for assessing operational, market, and credit risks, enabling banks to transition from a standardized approach to Internal Ratings-Based (IRB) methodologies. Additionally, the platform features capabilities for XBRL validation and conversion across various taxonomies. Its extensive cube-based Management Information System (MIS) reporting apparatus fully accommodates market disclosure obligations, while a thorough stress-testing framework and detailed concentration risk measures ensure compliance during supervisory reviews. Moreover, RiskAvert guarantees adherence to the EU Capital Requirements Regulation (EU-CRR) and Capital Requirements Directive (CRD), including anticipated updates and modifications. Furthermore, it facilitates the calculation of credit risk capital requirements through both standardized and IRB methodologies, catering to the diverse needs of financial institutions.
Description
Optimize your operations by unifying platforms to achieve quicker approvals, improved compliance, and more effective risk management. Enhance your onboarding process through precise financial verification and adherence to regulations, facilitating smooth KYB and KYC procedures. Gain immediate access to a database of 242 million businesses for conducting KYB, identity verification, fraud assessments, and reputation checks, ensuring regulatory compliance. Improve the underwriting process by incorporating automation and utilizing Worth Score to lessen manual tasks and accelerate revenue generation. Maintain continuous oversight of real-time credit information, which supports proactive risk management and helps mitigate potential financial losses. By automating document verification and implementing real-time compliance checks, you can refine the customer onboarding experience, leading to decreased churn and increased revenue. Utilize cutting-edge AI underwriting solutions to expedite approvals, lower expenses, and boost business efficiency, which ultimately fosters greater revenue growth. Moreover, integrate various data sources into a single, all-encompassing score to simplify and enhance the credit decision-making process, paving the way for more informed financial choices. This comprehensive approach not only enhances operational efficiency but also ensures that your organization remains competitive in a rapidly evolving market.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Profile Software
Country
Greece
Website
www.profilesw.com/en/risk-avert.php
Vendor Details
Company Name
Worth AI
Founded
2023
Country
United States
Website
worthai.com
Product Features
Financial Risk Management
Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation