SOLUTIONSMARKET AND COUNTERPARTY RISK

SOLUTIONS MARKET AND COUNTERPARTY RISK

 

Market and Counterparty Risk

EMC and SA-CCR, Basel II and FRTB standard methods

Market and Counterparty Risk

EMC and SA-CCR, Basel II and FRTB standard methods

Client testimonials

Mediobanca logo

Interview with Mariano Biondelli
Mediobanca

Market Risk Manager

Marco Airoldi participated as a speaker at the Irion Innovation Day
2019 event, held in Milan at the Cariplo Foundation.

Among the topics addressed: 

Non-Regression Test, Time-to-market

REQUIREMENTS, CHALLENGES & SOLUTION
Needs

Requirements
An automated, autonomous, traceable, fast and repeatable solution

Regulatory compliance

Counterparty and market risk calculation solution following standard algorithms for specific legislations.

Automation and autonomy

Automated solution to reduce operational risk

  Regulatory change managing autonomy

Speed and repeatability

  Overall execution time reduction

Processes repeatability

Traceability

  Correction traceability

Challenges

Challenges
Quick complex calculations

Integration

Streamline and efficient input data acquisition from around 60 sources (files and DBs)

Complex calculations

Create an intermediate repository for normalized and enriched data for complex calculations using R

 

Corrections

Manage data corrections (input and intermediate database)

Repeatability

Execute Asset Class processes and rerun them several times for each period, consolidating final data.

Orchestration

Execution of immediate availability processes of all the sources of the single process

Integration

Streamline and efficient input data acquisition from around 60 sources (files and DBs)

Complex calculations

Create an intermediate repository for normalized and enriched data for complex calculations using R

 

Corrections

Manage data corrections (input and intermediate database)

Repeatability

Execute Asset Class processes and rerun them several times for each period, consolidating final data.

Orchestration

Execution of immediate availability processes of all the sources of the single process

La soluzione

The solution
Automation, autonomy and traceability with Irion Edm

Capabilities

Some of the features of Irion EDM:

  Metadata Driven Engine, Execution & Datastore

  Data Editing & Human Task Interface

  Orchestration & Automation Workflow Engine

  Analytics Engine (“R”)

  Traceability and automatic audit

Results obtained

  An autonomous solution that evolves and adapts to specific needs.

  Results produced on immediate data availability without the need for human interaction. We only intervene correction management and re-executions on demand.

  The processes are completed quickly, even performed daily.

The automatic and manual processes are tracked and repeatable.