FinArch, the global provider of integrated risk and finance
solutions for the financial services industry has announced that
Basel III has been added to its Finance, Risk and Performance
Measurement Platform Financial Studio. Claiming Financial Studio
Basel III to be a unique, and comprehensive solution the vendor
says that it is an end-to-end solution that meets all Basel III
regulatory requirements and banks’ strategic business
needs.
The Financial Studio Basel III solution:
• Supports the measurement of all Basel III requirements
and has the flexibility to cope with changes that may become part
of the Basel III regulations in the future.
• Comes complete with a data management capability that
collects and manages all risk data in a consistent manner which can
then be leveraged to inform other essential business decisions.
• Optimizes capital and liquidity buffers through adequate
capital planning and liquidity stress testing analysis.
• Incorporates the capital and liquidity cost into pricing
decisions in order to manage capital and liquidity against
performance objectives.
The modularity of Financial Studio Basel III allows banks that
already have some elements of Basel III functionality in place to
add Financial Studio Basel III components such as the capital
calculator, the credit value adjustment engine or the liquidity
risk calculators. Financial Studio Basel III is also a scalable
solution which can be integrated seamlessly with other Financial
Studio solutions for ALM, Economic Capital, Accounting, Dodd Frank,
IFRS, IFRS9, and Product Control. It manages liquidity, capital and
other finance functionalities based on the same 'single version of
the truth' from a data and functionality perspective, therefore
delivering greater risk management transparency and reporting
capability.
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