Category: Credit Risk
Scenario Analyzer is a stress-testing module that enables a variety of stressed scenarios to be applied consistently across the company's regulatory, asset...
Over the past 26 years, Murex has developed an unmatched competence in the design and implementation of integrated trading, risk management, processing...
Assets now covered by the UBS Delta cross-asset portfolio management system include convertible bonds, equity derivatives, commodity futures, forex options...
ACTUARIS International offers the widest range of software packages to support all of your technical requirements: reserving, pricing, internal models, fast close, reporting, financial management, data integration etc
To its GraphTalk A.I.A policy administration system, CSC has added improved automation and flexibility in group risk business lines and a new tool to simplify configuration of marketing product variations. The VP/MS product life cycle management solution is now offered with pre-configured product content and a new web user interface generator including support for mobile devices. The reinsurance solution, SICS, has been enhanced to provide better support to syndicate business in the London Market. SICS Cede, the company's product for outbound reinsurance, has been enhanced to enable greater flexibility and automation. CSC has also launched a solution for pension auto-enrolment to enable UK insurers to comply with new regulations.
GGY's Axis is an actuarial system for life, fixed and variable annuity, and health products. It supports seriatim valuation, pricing, product development and financial projection, and integrates ALM, dynamic hedging and advanced stochastic capabilities suitable for economic capital and Solvency II applications. Axis allows companies to address economic risk and accurately reflect financial reporting impacts under multiple frameworks simultaneously. Centralised model management and control is offered through the EnterpriseLink Module.
Recent versions of the Colline web-based collateral management system include a separate straight-through processing module that automates margin calls based on user-defined rules, as well as a CCP clearing module that supports margin calculations for the major clearers. To its Lisa web-based liquidity risk application, the company has added support for structural funding ratios, as well as liquid asset buffer monitoring showing two-week and three-month highs and lows, and survival days with and without collateral. Meanwhile, version 5 of the Reporter regulatory reporting system adds a web portal, along with workflow, dashboards and analysis and reconciliation tools.
Markit provides independent data, valuations, analytic services and trade processing across all asset classes to enhance transparency, reduce risk and improve operational efficiency. The Quic Insurance Solution employs a component-based framework to provide highly flexible ERM solutions to support the risk and capital management needs of insurers. The product offers Solvency II internal modelling capabilities for life and non-life businesses, including portfolio replication, curve fitting, frequency-severity approaches; granular asset modelling; capital projection of the balance sheet; and aggregation of disparate risk types using a correlation matrix or copula approach.
OpenLink has added Collateral Management Desktop to its Findur financial and Endur energy trading and risk management systems. This supports bilateral credit support annex (CSA) margin analysis, margin stress testing and liquidity analysis, and collateral statement documentation and memos. Meanwhile, Margin Desktop is a module for collateral management of exchange-traded and cleared products, with margin analysis, calculation and validation. Generic Instrument Designer allows users to create exotic options with payouts based on any combination of attributes, including digital, barrier, range accrual, inflation-linked, quanto and floating strike. A module for Financial Accounting Standard 91 compliance supports the accounting of discounts, premiums and fees.
PillarOne is a modular enterprise risk management platform that can run on anything from a single laptop to a grid or cloud. It is used by insurance and reinsurance companies to build and execute models for risk and capital management, portfolio and reinsurance optimisation, ALM and cashflow projections. PillarOne provides documentation and process support features to help comply with the governance requirements of Solvency II's pillar 2. Its plug-in architecture makes it possible to add regulatory reporting software to the system. PillarOne's core is open source.