Risk & compliance
Asseco co-banks Operational Risk Management
Asseco cORM is a program designed to gather data on events that generate operational risks as well as on losses resulting from such risks.
This software can import events from any data source. It enables the assessment of risk by analyzing the events and incurred losses. Asseco cORM supports the mapping of risks by defining the bank’s operating processes and associating them with a particular risk category.The application provides tools for defining reports and analyses, as well as for preparing the required statements. The system allows for the calculation and forecasting of capital requirements arising from operational risks using the basic indicator approach or the standardized approach.
Key functionalities
Internal events file / external events file Collecting information on operational events taking place in the bank and its business environment. | Statements and reports Mapping of operational risks based on processes performed in the bank. | Analysis of events and processes, key risk indicators Volume and value analysis of information about events and processes. |
Business benefits
Elaboration of mechanisms to measure the bank’s operational risk
Providing the relevant bodies with information necessary to identify and assess the risk profile
Submission of data to assess the effectiveness of the implemented operational risk management system
Technology stack
| User interface | Application client: Delphi (VCL) WEB application client: J2EE, JSF |
|---|---|
| Database | PostgreSQL |
| Integration standard | Files defApi |