Limit Setting

Business

Business needs for this solution were:
- Global, transparent, easily accessible and usable for Programme, Portfolio and Business
- Unit levels in alignment with counterpart levels
- Robust reporting framework with appropriate download features
- Handling huge volumes of data (exposure and counterparty data)
- Running calculations which are user driven, depending on business needs
- Complete asset class coverage, policy setting and exposure measurement
- Integration with other risk systems/sub-systems

Technology
J2EE, Oracle, Spring, Hibernate, ExtJS

Project
Our team worked with intermediate iterations and agile development. We delivered the project within 7 months, including business process definitions.

Support
The client signed a Service Level Agreement with us for operational support after the successful implementation.

Sources
Our team co-operated closely with another SecondFloor team developing a Risk Analysis Infrastructure solution for the same client.

Solution
This unique, scalable solution accepts input data like Asset Size, Counterparty Details, Exposures, Products, Hierarchy and business unit data. The system also works with factor data like ratings, region-segment, counterparty size etc. which are used to calculate limits at PMO level for counterparty and counterparty groups. The web-based platform features functions like manual limits adjustments and transfers, complete, granular and aggregated overview of calculated limits, breaches and free limits, the ability to blacklist and track counterparty/counterparty groups, fully configurable automated alert notifications module, extensive audit trails and diagnostic tools.

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