Asseco co-banks Internal Risk Measurement
Asseco cIRM is a solution that supports bank management processes. It can also be employed in a management information system. Its primary task is to collect data for risk identification, measurement and monitoring. It aids in the preparation of mandatory reporting under the CRR Regulation.
Functionalities of Asseco co-banks Internal Risk Measurement
Data feeding
This area enables:
- Data import,
- Processing at the end of the previous month,
- Processing at the end of the previous year,
- Liquidity reconciliation,
- Feeding data into the Asseco CMR system.
Definitions
This area includes, among others:
- System parameterization,
- Input of defined quantities,
- Access to historical data of selected metrics.
Reporting
Financial Statements and ICAAP Reports
Credit risk
S Recommendation
T Recommendation
Prudential reporting (CRSA, LCR, NSFR, MREA)
Preparation and monitoring of the financial plan
Liquidity risk
Interest rate risk
Coverage for losses on exposures in default
Monitoring of deposit liabilities
Foreign exchange risk
NPE/FBE portfolio monitoring
Support for reporting to the Bank Guarantee Fund (Restructuring)
Tax identification (CRS, FATCA)
Loan holidays
Control
Dozens of auxiliary reports are available, broken down into:
- Data for the Asseco CMR system.
- Additional information on deposits.
- Additional information on the loan portfolio.
- Balance and turnover statements.
- Service statements.
Administrator
This module allows technical parameterization of the system, defining operators and their permissions, entering and modifying passwords, etc.
Business benefits of Asseco co-banks Internal Risk Measurement
Automatic identification and measurement of risk based on a single, consistent data source.
Ability to monitor and measure risk on an ongoing basis — daily and at the end of reporting periods.
Stress testing capability.
Simulation of report conversion for different parameter values and algorithms.
Verification of control and synthetic analytical reports based on source data.
Access to historical measurement results.
Feeding data into the Asseco CMR system, generating prudential reporting.
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