Financial Services Solutions
Risk Transformation
Streamline risk operations to maintain regulatory compliance.
Overview
Transform Your Risk Processes with Technology-Driven Services
Current risk management processes suffer from manual inefficiencies, requiring streamlined operations, improved data management, and enhanced reporting to adapt to changing regulations. Our specialized team leverages technology and regulatory expertise to revolutionize risk management, addressing these challenges.
We work with risk teams by reviewing their current processes, benchmarking against regulatory requirements, making recommendations based on industry best practices, and putting delivery teams in place to implement transformation. As we execute our recommendations, we continuously review the approach and make amendments if needed.
We have 20 years of experience transforming our client’s businesses and bring a breadth of regulatory and domain knowledge. Leveraging our expertise in Risk data and analytics, we’ve crafted AI and automation tools to streamline and scale key processes. Furthermore, our off-shore and on-shore capabilities keep costs low and value high.
Reduce time and energy spent on manual tasks with domain-specific automation.
Improve risk management and reduce errors with enhanced data management and governance.
Efficiently navigate regulations across geographies with a robust implementation framework that caters to different reporting requirements.
Our Advantage
Delivering Results
Time Savings
Increased Efficiency
Our Capabilities
Maximize Efficiency with Agile Solutions Built for You
Program Advisory
- Defining risk exposure methodologies and reporting
- Requirement gathering and Preparing BRDs/TRDs; Bridge between business and technology
- UAT, Regression Testing, creating, and reviewing test cases
Data & Systems Integration
- Risk Systems Migration
- Impact and Gap Analysis
- Data Governance
- Technology Modernization & Cloud
Risk Analytics & Custom Development
- Real time what-If analysis
- Code implementation to production environment
- Process re-engineering
- Development of Web Apps
- Database engine for risk management and production support
- Pricing Libraries
Risk Reporting
- Data aggregation and analysis
- Best in class visualization tools for internal and regulatory reporting such as CECL/ IFRS Waterfall Dashboards
Model Risk Management
- Support across the MRM Value chain from model governance and inventory to model development to implementation.
- Domain-specific technology including Challenger Model Development, Stress Testing and Scenario Developer, Documentation automation, and more.
Compliance
Regulations We Can Support You With
BCBS and Basel III Standards
IFRS, FINMA CRD IV Directives
FRTB, IFRS9, CCAR
APRA: EFS, APS 112, 113
SR 11-10 Counterparty Credit Risk
FR 2590 SCCL, CECL, CFTC, ISDA
Dodd-Frank Act Systemic Risk FR Y-15, FR Y-9C, FR 2052a
Related Resources
Optimize Your Outcomes
Reimagining Model Risk Management: New Tools and Approaches for a New Era
Explore how financial institutions are transforming Model Risk Management with new tools, automation, and AI in this collaborative report by Chartis Research and Evalueserve.
Managing Risk Through Good Data Management
While data can certainly be used to keep financial organizations informed and reduce their exposure to risk, it is important to consider what sort of data is most useful and what is the most effective way of gathering and using it. Not all data or all data management systems are equal.
How to Move from Data Management to Risk Management in KYC
KYC as risk management, rather than data management, remains elusive for financial services firms as well as for the high-value goods and other industries
Leverage Analytics to Boost Operational Risk Management
We helped a US bank to proactively identify and manage bad actor risk, improve name screening for AML monitoring, and maintain financial advisor compliance.
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- Solutions for Financial Services
Related Industries
Additional Industries
Investment Banks
Corporate & Commercial Banks
Asset & Wealth Management
Talk to One of Our Experts
Get in touch today to find out about how Evalueserve can help you improve your processes, making you better, faster and more efficient.