Services

End To End Risk Management Expertise

Experience

With more than 100 man years of combined experience, Ryzklytix offers a bucket of services comprising of Consulting, Implementation and Maintenance Support. Our expertise has been in providing services in the area of Risk Management for Banking and Insurance sector. Our team has been part of several successful implementations of these solutions covering IFRS9, IFRS17, Credit-Market-Operational Risks, Asset & Liability Management, Funds Transfer Pricing, Early Warning Signals Solution and Anti-Money Laundering.

Solutions

We provide end-to-end Consulting and Implementation Service right from designing the solutions for Customers’ requirements, help them in deciding the infrastructure required and advice on platform selection. We involve the customers in the above process to ensure complete transparency. We conduct knowledge-sharing sessions with the Customer’s team to educate them and enhance their knowledge on the Risk Management area.

Specialization

Our specialization is in implementing Integrated Risk Management Solutions using SAS Platform. Being a Gold Partner of SAS (Middle East), we have experts in our team to implement any SAS Solution. We bring in our experience and learnings from various implementations to efficiently implement the solutions within the stipulated schedule and budget defined by Customers. We follow well defined processes during the development life cycle to ensure quality deliverables. Our team is constantly upgrading themselves to meet the new guidelines that comes from the Regulator / Central Banks of various countries and also the Basel Committee.

Support

We provide Support to our Customers, after the implementation of the Solutions. This Support typically includes Operations, Application Maintenance and Enhancements. Our Support is extended not only to the customers where we have implemented the solution but also to Customers where a third party has implemented the solutions. We adhere strictly to the SLA defined by our customers.

The Right Tools For The Right Solution. Every Time.

Risk management service offerings

System Integration

01.Full Scale ERM Implementation primarily based on SAS Platform.

02.. ERM implementation includes Credit, Market, Operational Risks and ALM.

03.Extending the ERM to meet IFRS9 Requirements

04.Expertise in working with different Source system integration with Risk management.

Core Banking Systems like FlexCube, Finacle, BANCS24
Treasury System like Credence
Loan Originating System and Rating system like CRISIL

05..Delivery Quality and Speed of Implementation is ensured with number of accelerators and reusable components/templates that have been designed in line with RBI, BASEL II & III guidelines:

FRD/SRS Template – Mapping of Asset Classification – SAS Configuration
Instrument pricing in accordance with FIMMDA Guidelines
BASEL II & III Regulatory Reports prescribed by Reserve Bank of India and other counties’ Central Banks
IFRS9 and IFRS17 Guidelines

Risk management service offerings

Analytics

01.Developing scoring models and defining decision rule.

02.Probability of Default (PD) model.

03.Workout based Loss Given Default (LGD) model.

04.Application Credit Scoring.

05.Behavioural Credit Scoring.

Risk management service offerings

Consulting

01.Credit risk

Credit Risk IRB framework
Policy covering PD model framework
Policy covering workout LGD framework
Retail pooling framework

02.IFRS9

Expected Credit Loss Calculation
TTC PD to PIT PD Conversion
Exposure Reports Logics
Integration with GL Accounting

03.Market risk

Market Risk IMA policy
Time series reference data process manual
Scenario analysis framework
Scenario definition policy
Risk not in VaR (RINV) policy

04.Asset Liability Management

Cashflow Calculation
Liquidity Risk Calculation
Interest Rate Risk Calculation
IRRBB
LCR, NSFR Reporting

05.Operational risk

Operational Risk governance framework
Loss Data Management framework
Risk and Control framework
Key Risk Indicator framework
Operational Risk AMA framework

06.Funds Transfer Pricing

Account Wise Transfer Rate Calculation
Configuration of different FTP Curves / rates for matched maturity methods
Configuration of Flat Rate and Matched Maturity Method to arrive at the FTP Rate
Methodology for calculating TP rate based on actual maturity and residual maturity
Configuration of NII Reports

07.Early Warning Signals

Configuring Rules as per the scenarios required by Bank
Building the Triggers for Alerts when rules get violated
Registering the alerts and creating cases for alerts to be handled
Configuring the workflow for case-handling
Building Reports to provide various statistics on the types of alerts, frequency, etc.

08.AntiMoney Laundering

Configuration of AML Scenarios including CBS and Watchlist Scenarios
Configuration of Risk Scoring of Customer via Customer Risk Assessment module
Alert checking / Investigation routing
Configuration of Work-Flow for Cases Investigation

09.IFRS17

The calculation of IFRS17 specific measures (Cash Flow discounting, Contractual Service Margin and Onerous test)
GMM/BBA calculations
PAA calculations
Trial Balance Report
Disclosure Reports (P&L, Movement Report, Balance Sheet)

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