BlackIce

Welcome to BlackIce, a global enterprise risk management technology firm with over 20 years experience in the financial services industry. Beginning as a consulting firm, we had a vision to be more; a firm that wanted to leverage its knowledge to deliver practical solutions for problems that global banks face every day. Supported by our considerable experience gained through extensive financial institution interactions, our understanding of the complexity of global regulatory expectations, and the many challenges faced by all financial institutions, BlackIce has developed ERA™. ERA™ is a practical, open platform that delivers end-to-end data and anaytical standards to support a comprehensive ERM (Enterprise Risk Management) environment. ERA™ is a central point for all the relevant enterprise wide risk and finance data elements and calculations required to meet all of the regulatory expectations of Basel (I, II & III), as well as the BCBS Risk Data Aggregation & Reporting (RDA) requirements, and the FSB (Financial Stability Board) Legal Entity Identifier program for monitoring concentration risk. ERA™ includes prebuilt out of the box reports to satisfy all regulatory requirements and an extensive selection of management reports addressing all Risk related issues faced by financial institutions. Also, ERA™ includes prebuilt analytics for RWA, Economic Capital, CVA, VaR, Stress Testing and modelling. The Governance & Compliance Database (GCD™) is an application that allows financial institutions to assess adherence to Minimum Regulatory Requirements or to requirements specific to the institution (e.g. the Risk Data Framework). BlackIce developed this tool from several global Basel Implementations, and offers it to assist financial institutions with overall tracking of progress and capture of compliance to and governance of Regulatory Regulations and Best Practices, while at the same time providing comprehensive examples of artifacts and supporting extensive reporting.