GOVERNANCE AND COMPLIANCE
Financial Institutions face increasingly demanding regulatory compliance, governance and portfolio management challenges. In collaboration with Principal Empowered Systems, ABC provides an enterprise management information platform that provides scalability, security, accessibility and functionality to meet these exactinements. The three key products are VISeBILITY™ for enterprise portfolio management, VEReDATA™ for governance and compliancg require management and VALeDATA™ for control environment management.
MARKET AND CREDIT RISK MANAGEMENT AND BASEL II
A bank's trading division requires a high performance risk engine to support its trading strategies and working with Principal Credit Risk Systems and their product BoundaryRider, this is achieved by utilising leading edge quantitative methods to calculate market and credit risk exposures. As an extension to this functionality BoundaryRider also provides integrated Market Risk and Credit Risk regulatory capital calculations in full accordance with Basel II guidelines.
OPERATIONAL RISK MANAGEMENT
With the ever increasing focus on Operational Risk Management ABC works with Principal Risk Business , an international risk advisory firm specializing in leading operational risk and enterprise-wide risk management practices, to provide both Operational Risk advisory services as well as the provision of an ASP web based 'Key Risk Indicator' (KRI) library service.
AUTHENTICATION AND VERIFICATION SECURITY
The sophistication and increasingly widespread availability of advanced fraudulent techniques such as Man-in-the- Middle and Man-in-the-Browser has forced a re-think on how Banks and other organisations combat electronic fraud. Principal ValidSoft provides intelligent security solutions that not only counter fraud and increase customer confidence, but also fully exploit the Internet channel for Business Enablement whilst providing new intelligence to support risk and compliance strategies, thereby increasing consumer confidence, reducing operational costs and protecting the integrity of electronic transactions.
ENTERPRISE RESOURCE PLANNING
ABC works alongside Principal HansaWorld to provide integrated business solutions to various vertical industries including financials, ERP, CRM, e-Business, retail (POS), production and hotel. The vast majority of the 70,000+ HansaWorld installations globally are for small and medium sized businesses, but also many subsidiaries of large international companies. HansaWorld carries out continuous industry leading research and development, pioneering the use of modern technology for ERP and CRM and guaranteeing its customers a smooth upgrade path.
UNIVERSAL BANKING SOLUTION
From Principal COR-FS, Abraxsys is designed to help increase the efficiency and performance of international, wholesale and commercial banks. Abraxsys is an enterprise wide solution with modules covering treasury, trade finance, retail, corporate lending, payments and internet-banking all utilising an integrated general ledger.
ASSET LIABILITY MANAGEMENT
By projecting earnings and associated risks from future interest rate scenarios ALMeter helps banks to understand the opportunities and threats that may impact on their business. It enables them to make informed and timely decisions that affect the performance and stability of their business. Used for planning, budgeting and risk management purposes ALMeter provides a systematic and automated industry recognised methodology for analysing and enabling decision making on all on and off balance sheet interest rate line items.
ABC represents Matching and reconciliation technology that is based on FpML (Financial products Markup Language), the industry standard protocol for OTC derivatives This technology is available from the UK based Principal Message Automation. There is still a high level of manual processing involved in the rapidly evolving and potentially lucrative area of OTC derivatives and so most financial firms experience high error rates and remain exposed to significant risks and losses. Automating these complex trades is not easy, however Message Automation’s expertise and technology in this area ensures customers are provided with extensive proven functionality that supports derivatives processing regardless of asset class.
