RiskAvert is the modern risk management solution that allows financial institutions to gather and reconcile data, calculate, aggregate and report regulatory credit, market, operational and concentration risk in a natively integrated, yet modular environment.

It covers all approaches for operational, market and credit risk calculation allowing the bank to evolve from a standardized approach towards the IRB approaches. The solution also accommodates IFRS 9 requirements as well as supporting XBRL validation and conversion functions for multiple taxonomies.

The solution’s comprehensive cube-based MIS reporting engine fully supports market disclosure requirements, while supervisory review is covered through a holistic stress-testing framework, as well as extensive concentration risk measures and reporting.