itestra LiMax creates transparency in the administration of credit limits and risks at financial institutions. Individually set and monitored credit limits on different hierarchy levels in combination with a value at risk (VaR) analysis ensure sustainable, active risk management.
Challenges
Due to ongoing difficult developments on the capital markets, the finance industry is under strong pressure to recognize market and credit risks early on and to render them more transparent. Following developments are especially to be taken into account:
- Complex Risk Structures
- Decreasing Ability to Act
- Increased Speed of Reaction
- Growing Legal Requirements
Your Benefits
- Targeted Risk Management
By defining risk limits individually and flexibly on different hierarchical levels (e.g. country, enterprise, partner, industry, or rating) in combination with different transaction types with itestra LiMax, you effect individual, complete, and at the same time detailed risk monitoring. With the thereby achieved transparency, risks can be precisely managed and profitable or loss bringing business transactions identified as such.
- An Overview of Risks
The configurable reporting of itestra LiMax allows reporting on the basis of user-defined structures. The developments of single, group, or lump risks as well as the total risk can be followed continuously.
- Act instead of React
Based on the simulation of trading transactions as well as evaluations on too high limit use (e.g. > 80%), growing risks can be recognized in an early stage and countermeasures being taken. By that, limit surpassing can in effect be actively avoided.
- Efficient Editing and Supervision Processes
To register and check transactions and limits, itestra LiMax implements a 4-eye principle, which along with plausibility verifications, minimizes friction losses and errors.
- Basel II and MaRisk compliant
itestra LiMax fully complies with Basel II regulations and the legally mandated minimum requirements on risk management in Germany (MaRisk).
Data Sheet LiMax (PDF, German)
