Home > Solutions Overview > Risk Management Solutions
One key to successful risk management is having access to the right information to make decisions. In order to balance risk and return, risk managers must quantify each, which requires gathering data from disparate sources. Companies can build a competitive advantage by assessing and managing risk across the enterprise and beyond, using all the information available to them.
Ipedo's approach treats all corporate and external information as a single, virtual data source. This query-driven approach allows risk managers to generate the information they need on-demand, without relying on stale data or static report formats, or spending time trying to locate the information they need.
Ipedo Automates Risk Reporting
Ipedo XIP allows risk managers to combine information in different formats from existing risk management systems, proprietary analysis tools, internal data sources, live data feeds, external trading partners, and Web Services to create a comprehensive assessment of risk exposure across the enterprise.
Ipedo XIP integrates, manages, analyzes, and assembles disparate risk information to provide a more comprehensive view of enterprise risk along with automated reporting and compliance checking.
Ipedo XIP includes several functions designed to help risk managers better understand risks and identify opportunities. XML rules processing examines individual fields in a document and compares them to user-defined criteria. This unique functionality can automatically identify areas for further scrutiny based on internal risk guidelines or external regulatory requirements. For reporting, Ipedo includes extensive data transformation capabilities that can use existing risk data to generate compliance and regulatory reports.
Ipedo also allows risk managers to annotate incoming information with metadata that identifies its source, who modified the information, and when they modified it. For compliance purposes, organizations can establish a complete "data lineage" that describes any piece of data, starting with its creation and ending with archive or reporting. These metadata creation processes can occur manually or automatically.
Extend Existing Risk Infrastructure
The Ipedo platform provides a framework for operating units to manage risk in real time. The Ipedo platform leverages existing IT infrastructure by providing flexibility to add new data sources or handle changing incoming data formats. Using Ipedo XIP, risk managers gain a comprehensive view of their positions and exposure across different trading desks, customers, and time periods.
Benefits
- Improved ability to generate overall risk profile rather than make individual assessments in discrete operating areas
- Increased flexibility to add new information sources or data streams
- Reduces the cost of integrating data from disparate systems and external analysis tools
- Decreased cost of compliance by automating reporting functions
- Elimination of manual error checking by using real-time XML rules processing
|
|
 |
|