RiskAvert is the modern, robust and efficient risk management solution developed by Profile Software that assists Financial Institutions to gather and reconcile data, calculate, aggregate and report regulatory credit, market, liquidity operational and concentration risk in a natively integrated, yet modular environment. It covers all approaches for Operational, Market and Credit Risk Calculation allowing the Bank to evolve from a standardised approach towards the IRB approaches. The solution also accommodates IFRS 9 requirements as well as supporting XBRL validation and conversion functions for multiple taxonomies.
The solution’s comprehensive cube-based MIS reporting engine fully supports Market disclosure requirements, while supervisory review is covered through a holistic stress-testing framework, as well as extensive concentration risk measures and reporting.
MS SQL Server