Stress Testing and ICAAP platform allows the efficient evaluation (real time) of multiple business and macroeconomic scenarios (including credit risk stress scenarios) by performing the corresponding detailed forward-looking financial projections of impairments, RWA, and corresponding impact on P&L, BS, capital availability. Integrated Credit Risk Stress Testing and ICAAP software permits a holistic view with financial planning, strategy evaluation, and risk measurement. Contact AnalytiX Boutique for a demo.
Historically, credit stress testing has been done in silos by the different business units, asset classes, departments… Too frequently, credit stress testing is performed based on inefficient manual processes using spreadsheets. Problems are long response times, duplications, inconsistency in data sources/dates and methodologies, manual errors and not a comprehensive view of the impact of each scenario into revenues and/or customer behaviour. Financial Institutions need an integrated process for credit stress testing since most activities are similar across departments, asset classes…
Stress Testing and ICAAP platform represents a breakthrough permitting a much faster response time which leads to more effective integration of credit risk stress testing into the strategic daily management of the institution. These benefits are achieved as follows:
Scenario definition with variables audit trail in Integrated Stress Testing and ICAAP system
In summary, OneView Integrated Stress Testing and ICAAP Solution system allows the evaluation of the impact of the institution’s strategy into the credit risk-related metrics and ICAAP and affected P&L and BS ratios by accommodating existing business, macroeconomic and risk forces, in an efficient and user-friendly way providing access, via web, to multiple types of users.