Financial Services

Financial institutions operate in one of the most competitive and highly regulated business environments of any industry. Not only are organizations within this industry subject to intense governmental regulation; they are also continuously vying to improve their competitive positioning by improving the variety of offerings to customers, improving operational performance and efficiencies, and enhancing customer experience.

Model-Driven Strategy Development and Simulation

Providing customer focused services within the complex regulatory environment in which banks exist, is challenging and requires alignment of the organization's corporate level, business level, and functional level strategies to ensure gaps are identified in time and corrected. Our goal model-driven platform support for strategy develop and implementation reduces (by 40%) the effort in delivering strategies that are feasible, and aligned with with each other, and with IT. > Learn More ...

Managing Risk and Impact Business Architecture Areas

The cross-cutting impact of regulations on business performance requires a holistic view of managing risks in the enterprise. A key component to achieving success is managing operational risks is understanding the organization's risk tolerance appetite. Our ERMSIM Risk Manager provides a model-driven and easy to use application that enables users to create risk models to capture the risk causal factors and impact to assess the institution's exposure to risks.  > Learn More ...

 

Learn more about our risk modeling and simulation solutions, contact us at info@edglabs.com.

 

Modeling Operational Risk in Financial Services

The emergence of  a balanced and portfolio based approach to managing risk requires a robust risk appetite framework. Risk appetite defines what level of risk an organization is willing to accept. In order to determine what risk-tolerance is appropriate for a given business model, the organization's risk culture and exposure must be understood. Risk appetite can be expressed through models that capture the organization's vulnerabilities, and cost of not meeting organization objectives due to disruptive causal factors that exploit these vulnerabilities.

Related Links
+ ERMSIM SLM Data Sheet
+ Functional Strategy Development and Execution
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