OPERATIONAL RISK

Financial institutions face a wide range of operational risk challenges – from internal fraud and employee errors to money laundering and technology risks. The InforSense Operational Risk Management solution provides one common platform to address these disparate challenges.

Now operational risk analysts, risk managers and quantitative risk specialists can rapidly create and test meaningful operational risk scenarios and risk reporting applications. The Operational Risk Management solution provides both a flexible platform that can integrate data from a wide range of data sources, and powerful visualization capabilities enabling next generation interactive reporting and dashboards.

With InforSense, financial institutions can work across departmental silos to develop cutting edge, sophisticated operational risk strategies and solutions. They can also integrate both internal and external disparate data sources, filtering external data according to internal rules and definitions to eliminate irrelevant data. This is especially valuable when internal loss data is insufficient for effective predictive modeling.

The Operational Risk Management solution enables financial institutions to:

• Monitor key performance and risk indicators in real time
• Run complex risk modeling and scenario analysis – intra-day, with the business user
• Conduct objective forward looking predictive analysis
• Maintain a full audit trail and compliance visibility

Interactive reporting tools allow operational risk managers to analyze, drill down, and interrogate the data simply by clicking and dragging over charts and tables contained within reports. Reports can also be generated in Word, PDF, and Excel.

Built on the powerful InforSense platform, the Operational Risk Management solution integrates with all existing operational risk applications and provides the ability to scale to meet future risk managing, analyzing and reporting needs.