Products : Risk Database
- Web based interface supports Internet Explorer, FireFox and Netscape.
- Import data from Excel or CSV files
- Export data to XML or CSV files
- Produce reports in PDF, Excel or HTML formats
- Receive regular reports by email. or retrieve via web interface
Many financial services companies store risk information in ad-hoc spreadsheets and generate reports manually, using Excel and Word. This process is time-consuming and often produces inconsistent reports, which fail to satisfy internal management or the external regulator.
Risk Managers are under increasing pressure, not only to manage and control risk, but to prove they are doing it, so they need a quick and customisable solution that meets the changing needs of the company and the regulator.
Changing regulations and corporate requirements mean they don't want to purchase an expensive system that takes months to implement and may not keep pace with a changing environment.
Risk Database is an easy to deploy solution to these problems.
| Feature | Benefit |
|---|---|
Centralised store for risks, losses and preventative measures |
Provides a single definitive source for risk analysis and compliance auditing |
Risk and loss analysis |
Gives line managers a comprehensive view of risks affecting their department, and gives risk managers a global view of all risks |
Summary dashboards |
Gives senior management one page snapshots of risks and loss events |
Detailed reporting |
Provides risk controllers with current status of risk implications and preventative actions |
Automatic customisation |
Allows quick tailoring to each enterprise's unique needs |
Data import |
Allows quick and easy data import from data sources such as spreadsheets |
Data export |
Multiple format export allows integration with other tools and prevents lock-in |
Full auditing |
Gives corporate auditors and external regulators a full change history for every risk and loss |
