THE REAL RISK

IS THE ONE YOU CAN’T SEE

Unique suite of solutions for financial institutions, providing visualization leading to insight in support of informed decision making about risk.

ERA
SALT
GCD

SOLUTIONS

  • Data Platform developed from Credit Life Cycle – capture loan performance data on a historical timeline
  • Data Platform that is Open, Comprehensive, Relational, Auditable
  • Data Target is well defined and easy to use

  • Analytics include RAROC or Profitability, PD/LGD/EAD modelling, stress testing, RWA Calculator, Market Instrument Valuation
  • Standard Management Reporting – Vintage, Migration, Concentration, etc.
  • Regulatory Reporting – Basel – many jurisdictions
  • Enterprise Risk Data Warehouse

  • Dashboard of key risk metrics and rubrics
  • Clear visibility and easy to understand aggregation of key aspects of the data gathered, analyzed and presented

  • Easy to use template format – facilitating Governance processes through use of the tool
  • Module Components – can choose only the components needed

  • Database for the maintenance of bank Self Assessments against any and all Regulatory Guidance
  • Supports the cross reference of Measures of Success and Deliverables in support of Compliance
  • Supports extensive reporting and insight into details of various stages and processes in play in support of compliance

  • Easy to use template format – facilitating Governance processes through use of the tool
  • Module Components – can choose only the components needed

The BlackIce Basel Solution for Vietnam is a complete end-to-end solution, enabling financial institutions to meet SBV compliance and effectively manage risk and capital.

  • Industry Tested
  • Cost Effective
  • Customized for Vietnam

  • Flexible and Future Proof
  • Internationally Compliant
  • In-Database Technology

Value
Our solutions are delivered as cloud-based, SaaS (Software as a Service) models, to support a favourable operational cost vs. a capital cost approach. An enterprise model is also available. The modular approach allows clients to pay only for components that they use.
Industry Tested
Our solutions leverage knowledge gathered from global implementations, combining the experience and knowledge of industry veterans. Clients benefit from significant cost saving and increased efficiency; there is not need ‘to re-invent the wheel’. Going forward, the continuing evolution of the solutions will rely on the ongoing collaboration and growth of the knowledge base.
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Auditability
Our solutions promote and sustain an enterprise wide view of data, ensuring consistent, reliable, verifiable and efficient data processes. The underlying architecture provides an open and accessible data platform as well as analytic procedures. Model verification is provided and available. Data security is assured.
Flexible and Future Proof
The collaborative nature of the BlackIce business model ensures that new technology is incorporated into the solutions at the industry rate. Our industry experience and knowledge also ensure that ongoing enhancements to the solutions are current and relevant. As regulations change and evolve, so to will our solutions.
Global Perspective
Our solutions address various internal regulatory requirements. They are designed specifically to support and demonstrate adherence and compliance. The open flexible design of our solutions facilitate regional regulatory compliance, and reduces investment of resources, capital and time.
Governance
Our solutions provide the framework for a bank to develop their Governance processes. Data governance and risk management, the underlying principles for sound ICAAP/CCAR frameworks are fully supported. We provide easy to use and understand templates, as well as open flexibility for user definition and customization.
 

COMPLIANCE

Today, financial institutions face increasingly demanding and challenging regulatory expectations.

Financial institutions are under increasing pressure to establish strong risk measurement and management frameworks, to satisfy the regulators’ need for an enterprise-wide view of an institutions risk.

The underlying data and process infrastructure to support this view of risk is the same for Basel, FSB CCAR, OCC and Dodd Frank Stress Testing.

Now with the introduction of FASB CECL and IFRS 9 ECL, the same data and process infrastructure is needed. The new accounting regulations are calling for analysis of historical ‘Life of Loan’ or ‘Credit Life Cycle’ data. This is NOT accounting data, but rather risk data, detailing the specifics of the performance of loans to enable modelling to assess PD (Probability of Default) and LGD (Loss Given Default).

BlackIce ERA fully supports the gathering of all the necessary data elements and provides the functionality to perform standard modelling for these new required risk measures.

BCBS
The Basel Committee on Banking Supervision (BCBS) is the primary global standard setter for the prudential regulation of banks. It’s mandate is enhancing global financial stability by strengthening regulation, supervision and practices of banks. BlackIce solutions support through analytics and reporting, Basel II and III (Credit, Market and Operational Risk); Risk Data Aggregation and Reporting; Governance; and Core Principles for key areas such as Risk Management and Internal Audit.
OCC Stress Testing
The Office of the Comptroller of the Currency (OCC) charters, regulates, and supervises all national banks and federal savings associations as well as federal branches and agencies of foreign banks in the United States; the OCC is an independent bureau of the U.S. Department of the Treasury. BlackIce solutions support stress testing for strategic and capital planning purposes.
Dodd Frank
The Dodd-Frank Act (fully known as the Dodd-Frank Wall Street Reform and Consumer Protection Act) is a United States federal law that places regulation of the financial industry in the hands of the government. A key component of the Act is to identify and regulate systemic risk within the financial sector, including transparency. BlackIce solutions support transparent analysis and identification of risk in banks.
FASB – CECL
Financial Accounting Standards Board (FASB) is the independent organization that establishes financial accounting and reporting standards for public and private companies that follow Generally Accepted Accounting Principles (GAAP). The recent Current Expected Credit Loss (CECL) guidance revisits how banks estimate losses in the allowance for loans, with the new approach requiring institutions to use historical information, current conditions and reasonable forecasts to estimate the expected loss over the life of the loan. BlackIce solutions support the gathering of this credit lifecycle data, all of the necessary analytics and calculations (i.e. PDs and LGDs) and the resulting reporting, required by these new regulations.
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Best Practices
Best Practices are techniques or methodologies that have proven, through experience and research, to provide optimal results. Success in any field is ensured by a commitment to best practices. Our BlackIce solutions are developed by leveraging our staff’s extensive senior management industry experience, in conjunction with the various global engagements undertaken by BlackIce. We also have developed best practise intellectual property such as frameworks, policies, standards and procedures that we provide in support of engagements that meet regulatory requirements and Board and Senior Management expectations.
IFRS 9 – ECL
International Financial Reporting Standards (IFRS Standards) is a single set of accounting standards, developed and maintained by the International Accounting Standards Board. The intention is for these standards to be applied on a globally consistent basis—by developed, emerging and developing economies— to provide investors and other users of financial statements with the ability to compare the financial performance of publicly listed companies on a like-for-like basis with their international peers.
The recent Expected Credit Loss (ECL) guidance revisits how banks estimate losses in the allowance for loans, with the new approach relying on historical credit risk data. BlackIce solutions support the gathering of this credit lifecycle data, all of the necessary analytics and calculations (i.e. PDs and LGDs) and the resulting reporting, required by these new regulations.

CLIENTS AND PARTNERS