Risk Management has many different dimensions that include quantitative measures and qualitative characteristics. The quantitative measures address different types of risk attributable to market activities. Qualitative risks usually address compliance with and/or best practice adherence to laws, regulations and organizational policies. Spectacular and notorious failures continue to occur, and the root cause of every one of them is either a complete lack of or the break down both quantitative and qualitative aspects of Risk Management.
RiskMonitor® is AxiomSL’s quantitative risk management solution. It is suitable for both enterprise and business unit requirements. The solution has functional modules that cover market, credit, and liquidity risk, earnings at risk, and risk based economic capital. It covers virtually all instruments and asset classes. The distinguishing value RiskMonitor® offers is its ability to operate on any source data structure, in a multi-user, high-performance analytical environment. It has user-friendly application components to set-up, operate and maintain the solution’s tasks and work flow. Noted for its flexibility and coverage, RiskMonitor® integrates best practice methodologies resulting from extensive and continuing investments in research and development. Experience has shown that the RiskMonitor® implementation is the fastest and most cost efficient in the industry.
The robust data management infrastructure that AxiomSL integrates with RiskMonitor®, called Integration Center™, seamlessly brings source data, measurement task parameters, results storage and reporting, and work flow together. This end-to-end capability saves money, saves mistakes, and it saves time; so clients can focus on what to do with the information, rather than focusing on just getting the information.