Risk Management Solution for Financial Supervisors

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Risk Management

SQL Power's pre-built Risk Management solution equips supervisors with critical risk assessment tools to empower them with better decision-making and to address risk in a systematic manner, by continuously monitoring and managing regulated entity’s risk levels based on the latest submissions.

Our risk management framework provides financial regulators with fully integrated risk assessment dashboards (including an overall Risk Assessment dashboard as well as Financial Risk dashboards like CAMEL), an Onsite Inspection platform, and a 360-degree organizational view to derive the comprehensive risk rating for each organization - as well as predictive modeling capabilities to identify at-risk regulated entities.

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In order to satisfy the need of providing effective risk-based supervision, supervisors need risk to be identified and monitored, addressed, then measured, allowing them to plan and adjust the type of filings, frequency of filings, and onsite inspections proportionate to the level of risk associated with that sector and/or the inspected entity.

SQL Power supports continuous monitoring and management of an entity’s risk levels based on the latest submissions. Our risk management framework provides financial supervisors with fully integrated risk assessment dashboards (including an overall Risk Assessment dashboard as well as Financial Risk dashboards like CAMEL or CARAMEL), an onsite examination platform, a 360-degree organizational view to derive the comprehensive risk rating for each organization - as well as predictive modeling capabilities to identify at-risk regulated entities.

A Comprehensive Risk Management Guide for Central Banks

There is More to Risk Management Than Simple Data Collection

As regulators prioritize the need for Risk Management solutions to help identify, assess, respond, and mitigate risk in their jurisdiction, it is important to realize that there is much more to risk management than simple data collection.

Supervisors must be able to quickly assess large volumes of data, leverage Advanced Analytics and AI to identify suspicious activities and at-risk organizations and have the investigative tools and automated processes necessary for timely intervention - download the guide to find out how!

How it Works

SQL Power’s Risk Management Solution allows regulators to define the frequency of onsite inspections and financial disclosure based on an organization’s risk ratings. Our comprehensive Advanced Analytics platform provides real-time monitoring and assessment of recently submitted financial data helping regulators frequently assess and re-assess financial risk.

The Solution can monitor an organizations’ performance and risk ratings through our 360-degree organizational view. Analysts can review and monitor regulated entities’ organizational performance and all related data (including infractions, complaints, and onsite inspections) from a single interface. In addition, regulators can access pre-built risk assessment dashboards that allow users to drill down into focus areas, filtering on organizations, peer groups, sectors, or classes.

Onsite Examinations

SQL Power’s Onsite Examination capabilities offer supervisory teams a web-based solution to automate and manage every aspect of their regulatory onsite inspection processes and functions: from scheduling or performing ad hoc inspections, to applying proportionate inspection activities relative to the associated risk profile of the inspected entity, to developing a more in-depth understanding of the supervised financial institutions, to anticipating future impacts from past and present figures to leading action-oriented, remedial activities when corrective measures need to take place.

The platform comes with built-in risk categories and risk scores to provide a solid foundation in risk management and governance scores that result in a net risk score. The platform also allows other factors like external audits to also affect this rating.

In addition, recovery actions and resolution actions and the frequency of onsite inspections are also integrated within the risk guidance tab.

The Analytics Platform scorecard tab displays the overall market score and level of risk, as well as provides the breakdown of performance by asset class, peer group, or individual organization. Leverage our risk assessment dashboards to build a solid foundation for your team to focus on high-risk organizations for more timely decision-making.

Effortless Integration

SQL Power’s Risk Management Solution for Financial Supervisors is designed to easily integrate with existing core CRM and governance systems, leveraging existing data and technology investment for seamless integration. Our platform can be configured to easily evolve with changing risk assessment standards and guidelines thus future-proofing your organization. Finally, our experienced team of engineers will work within your business scale to ensure that our implementation is smooth and functionally sound.