Products

Cooprisk™

Created for financial cooperatives and small banks

The solution is especially optimized for smaller-sized financial institutions in order to analyze and handle and their operational risks according to „the international convergence of capital measurement and capital standards” (Basel II.)

The system consists of the following modules:

Lost database
You can register different loss events of operation – and both market risk and credit risk. The system provides opportunities for analyzing the historical data and making statistics for financial regulating authorities.

Minimum capital requirements calculation
The Cooprisk solution supports both the basic indicator approach and the standardized approach for minimum capital requirement calculation of operational risks.

Risk analysis
This module supports self-risk assessment of operational risks in the case of a shortage of historical data. Self-risk assessment could be processed on the level of the whole cooperative or business branches or business processes. The system identifies critical weak points from point of view of operational risk and suggests risk management actions where it is needed.

To sum it up, you get the following benefits by using the solution:

• You will be able to fulfill the requirements of regulating bodies
• You will find all the information related to operational risk management in one database.
• You get support the follow-up of risk management actions
• You will be provided with secure handling of data of operational risk and loss events.