"A key requirement heard from business was reporting functionality and a dashboard design that must be flexible and recognize the differing needs of senior managers." Joseph Sabatini, JPMorgan Chase
Operational Risk magazine, April 2005
Risk management and Basel II solutions
Business Objects and our partners have a wealth of experience implementing credit, market, and operational risk solutions that will help you achieve the vital goal of meeting Basel II compliance. Business Objects Risk Solutions consolidate mountains of risk data from systems and spreadsheets into a risk data warehouse.
Integrating with an in-house risk model or third-party calculation vendor, Business Objects makes the risk information available via dashboards and automatically created and distributed reports. With access to risk data and the ability to drill down and explore, it also empowers your risk professionals.
Business Objects provides answers for:
Credit risk
- What is the risk concentration by geography, industry, or product?
- What are major credit risks in each line of business?
- What significant draws or approvals are there this month?
- How can I distribute timely risk information across the company?
Operational risk
- How can I collect, manage and report on operational risk events?
- How can I track and monitor Key Risk Indicators (KRIs)?
- How can I analyze and report risk assessments to show priority problem departments?
MiFID
Markets in Financial Instruments Directive (MiFID) is a set of regulations from the European Commission and enforced by national financial regulators from late 2007. It has been designed to increase investor protection by encouraging greater transparency, and improve market efficiency. MiFID will compel banks to record much more granular trade, price, and best-execution information.
Business Objects integrates with your order management system to provide:
- Compliance reports and dashboards
- Customer reporting system from five-year record of transactions
MiFID will require companies to retain relevant transaction data for five years and to provide a secure and centralized repository for all necessary data records. Business Objects allows you to analyze, understand, and report this data; and to recreate trade and record best-execution criteria at that moment the trade was executed.
Benefits
- Improve efficiency and reduce costs by having one reporting and analysis platform for all credit, market, and operational risk information
- Improve productivity by empowering risk professionals to do more of their own analysis without recourse to IT
- Reduce risk losses by quicker identification of credit risks
- Single source of accurate and timely risk information helps managers more informed decisions
- Risk template reports and dashboards speed up compliance with Basel II
Featured Partners
Business Objects partners with a number of risk management calculation vendors to provide an end-to-end solution.
- Quadrant international
- Algorithmics
Algorithmics and Business Objects: Enterprise Reporting for Algo Suite - PDF 151KB - Sungard
Take Action
- Talk to a sales rep
U.S. and Canada:
+1 866 681 3435
Europe:
00800 55 11 55 11
Global contact list - Request more information
Resources
Customer Successes
Brochures and White Papers
- White Paper: Risk Management Intelligence
What can banks do to keep their competitive edge and avoid risk?
- PDF 1.7MB