The increasingly interdependent nature of financial risk has rendered the traditional approach of managing them in separate silos obsolete. The current global economic crisis has highlighted the need for financial institutions to gain an enterprise-wide view of risk that is directly integrated with a sound capital management strategy.
Oracle Financial Services ICAAP (Internal Capital Adequacy Assessment Process) helps financial institutions comply with Basel II and ICAAP mandates and gain a holistic view of their risk exposure. It also forms an integral part of a comprehensive capital management strategy for such institutions.
Oracle Financial Services ICAAP (Internal Capital Adequacy Assessment Process) enables financial institutions to identify, measure, and manage risks across the organization; compute capital required to cover risks; and comply with regulatory requirements under Pillar II of the Basel II Accord. It is an integrated offering that provides a holistic enterprise-wide view of risk to enable operational and strategic decision-making.
ORACLE FINANCIAL SERVICES ICAAP DELIVERS
An exhaustive set of dashboards and reports for regulatory compliance and risk management
Powerful modeling and stress-testing capabilities
Preconfigured economic capital models for each risk category
Extensive templates for ICAAP reporting
Risk aggregation and allocation techniques and risk-adjusted performance measurement
A modular and flexible risk architecture
FINANCIAL INSTITUTION CAN ACHIEVE THESE BENEFITS
Accurately quantify risk across all categories
Assess the impact of extreme but plausible events on risk and capital requirements
Compute capital required to cover risk and comply with regulatory requirements under Pillar II of the Basel II Accord
Optimize capital allocation and risk-adjusted performance measurement across various lines of business and legal entities