RiskAvert Description
RiskAvert is a robust solution for risk management that enables financial institutions to collect and reconcile data, calculate and aggregate regulatory credit, market, operation, and concentration risk in an integrated yet modular environment. It supports all approaches to credit, market, and operational risk calculation, allowing banks to move away from a standard approach to IRB approaches. The solution supports XBRL validation as well as conversion functions for multiple taxonomies. The solution's cube-based MIS reporting engine fully supports market transparency requirements. Supervisory review is covered by a holistic stress testing framework as well as extensive concentration risks measures and reporting. The full coverage of the EUCRR/CRD Regulation, and future developments. Calculation of credit risk capital requirements according to Standardised or IRB approaches.
RiskAvert Alternatives
SwissMetrics
SwissMetrics, a FinTech company based in Switzerland, has the goal of changing the way companies monitor counterparty risk exposure. It provides a single platform solution that allows for onboarding and compliance as well as credit risk monitoring. The platform was developed by finance professionals and aims to encourage smarter collaboration between finance teams and non-finance departments in pursuit of a common goal: maximising value through risk mitigation. SwissMetrics is customer-centric and focuses on optimizing user experience through innovative, practical, and forward-looking tools. SwissMetrics enhances your compliance function by enabling you to monitor the financial health of your customers and suppliers.
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FinTrak Credit Risk 360
FinTrak credit risk 360 was created to help banks identify, measure, control and monitor credit risks, as well as determine if they have adequate capital to cover these risks, and that they receive adequate compensation for the risks they incur.
The Credit Risk 360 solution can be accessed via the Internet from any branch of a bank without having to install it separately.
Our solution will integrate seamlessly with your existing investments to help you reduce waste and losses. Our team will give you all the support necessary to make your experience unforgettable.
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IRIS
IRIS workflow addresses the global challenge of active counterparty risk management. It includes trade data acquisition, trade re-booking, consistent pricing, comprehensive aggregation module and hedge requirement computation. IRIS is a distributed parallel application that allows efficient use of multi-core systems. A HPC solution that uses GPU and Multicore processors can also be used to accelerate pricing and Greeks calculation. It is a key design goal to be able to integrate IRIS engines into complex systems. The.NET framework is interoperable and integrates with other languages. IRIS fully supports FpML as well as market data providers such Bloomberg, Markit, and Reuters. This ensures seamless data stream integration. IRIS internal data is fully accessible, making computation details auditable.
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Bilendo
Bilendo, the modern credit management platform, helps companies automate and control all credit risk minimization processes centrally. Companies are finding it difficult to reduce costs using outdated and legacy systems, especially when profit margins are decreasing. Credit risks are a major cause of high and unpredictable costs. Bilendo's innovative approach allows you to lower costs and reduce credit risk while allowing you to focus on business growth. Bilendo is a modern credit management platform that allows companies to map, control, and automate all credit risk minimization activities. Bilendo maps the entire process from invoice to cash with all relevant credit management tools. They can also be combined as needed. These include receivables management and debtor management, collection, dunning customer portals, service portals payment transactions, factoring risk management and protection against bad debt.
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Integrations
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Company Details
Company:
Profile Software
Headquarters:
Greece
Website:
www.profilesw.com/en/risk-avert.php
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Product Details
Platforms
SaaS
Type of Training
Documentation
Live Online
Webinars
In Person
Videos
Customer Support
Phone Support
Online
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