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Financial Risk

What is Platform X - Basel III/IV?

Platform X is a comprehensive regulatory reporting solution specifically designed for Banks targeting to implement a cost effective Basel Regulatory Capital Computation engine. It establishes an automated process for regulatory capital computations across Credit, Counterparty Credit, Market and Operational Risk and also provides regulatory reports prescribed by regulators.

Calculation
Rules

Credit Risk capital assessment with national discretion options covering local regulations in Europe, Asia, Middle East and Americas; Basel II/III and IV supported.

Also covers the common approaches for the Market Risk and Operational Risk capital assessment.

Configuration
Management

Provides for configuring calculation logic right from business line to product level, along with an exhaustive set of attributes, pre-mapped to required products and/or business lines.

Collateral
Allocation

Control over the limit and collateral allocation module via business rules, and/or other optimization routines. Allocation ability at customer as well as facility level.

Data
Management

Data integration facilitating transaction data loading from multiple sources. Configure data quality identification rules to fix data issues before computation steps.

GL reconciliation feature enables early mitigation of issues if any.

Reporting

Preconfigured reports as well as deep drill-downs for reconciliation. Local regulatory reports supported for out of the box reporting and disclosures, along with a customizable dashboard and MIS for Senior Management.

Adaptability

Meet with national supervisor requirements and forward compliance with constantly evolving requirements like IFRS 9, IRB, Stress testing, BCBS239.

Consolidate the calculation requirements at group/sub-consolidated level/ jurisdiction.

Perform future proof RWA computations through our AMC support for any changes in Capital Adequacy directives.

Capabilities of Platform X Basel III/IV

Interactively compute risk weighted assets at the most granular level.

Basel
Methodologies

Comprehensive set of Basel defined RWA computation rules across Credit, Counterparty Credit, Market and Operational Risk

Contemporary
Technology

Advanced Dynamic DAG compute engine that runs on Apache Spark and performs iterations on the fly

Reporting

Customized reports matching the regulator prescribed reporting formats

Declarative
Metadata

Creates new computation sequences, models and result data sets without coding

Configuration
Management

Configurable computation logic, with option to change the mapping at the business segment, product level or attribute level

Advanced
Transparency

Enables deep variance and attribution analysis through advanced visualization and drill down capacity

What-If
Analysis

Conduct What if, attribution and variance analysis as well as Stress testing

Scalability

Adapt to emerging regulatory requirements for ICAAP, IRB and BCBS 239 etc.

Technical Features

Platform X makes use of open source software and is based on commodity hardware. Platform X computation engine is an Advanced Dynamic DAG compute engine that runs on Apache Spark and allows multiple methodologies and iterations on the fly. It has a browser based easy-to-use front end UI that complies with security and audit requirements.

  • Multiple teams can work together- allowing for collaboration.
  • Platform Framework creates new computation sequences, models and result datasets without coding.
  • Speed of execution allows what-if analysis and rapid exploration of alternatives.
  • Metadata allows for rapid changes to methodology and approach when required by the regulator or business.
  • Robotic Process Automation reduces the time and cost footprint of analytical tasks, allowing banks to realize significant efficiency gains.

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