Financial firms are under increasing pressure to provide accurate risk and regulatory reporting. The ability to aggregate timely and accurate data for reporting on credit, market, liquidity, and operational risks is critical. As the financial and regulatory environment becomes increasingly complex, this capability is of ultimate importance to senior decision makers. The GoldenSource Risk Master Module enhances the functionality of our core EDM.Talk to a Risk Management Expert
Poor data management is one of the most common causes of failure of risk application implementations. GoldenSource offers a complete solution to centralize and quality assure all risk-relevant data.
Market and counterparty risk calculations such as yield curves, FX rates, equity prices and their respective volatilities require a mammoth volume of market data. Demonstrating the quality and provenance of data and being able to provide a full audit trail has become a priority.
The GoldenSource Risk Master Module provides advanced, flexible tools for the extraction and verification of market data with full audit functionality. GoldenSource EDM has been precisely configured for all market data required in market and credit risk calculations.
Unlike tool kit solutions, our underlying data model is fully configurable to enable users to add additional data types.
Financial institutions typically deal with each other in a complex web of trading entities – branches, subsidiaries and special purpose vehicles. Limits and exposure need to be assigned to the correct entity. Those entities need to be linked in the credit risk management system to ensure that it aggregates to the right level and total exposure to each obligor can be ascertained.
Using the proprietary data scrubbing component of Risk Master Module, you have the ability to enable limits and hierarchies to be flexibly managed with a fully configurable workflow process.