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Verasis Risk Licensing

Verasis Risk may be licensed specifically, to cater for the level of complexity of products traded by a financial institution, while also allowing separate functional components to be added to the Core, as and when required, by the needs of the business.

This 2 dimensional approach to licensing, aims to give the business the most appropriate and relevant system, to satisfy risk and regulatory requirements, while also getting the most out of the budget spend.

 

Level options

Level 1

Level 2

Level 3

Basic Linear Instruments

Money Market

FX

Fixed Income

Basic Linear Instruments

Money Market

FX

Fixed Income

Basic Linear Instruments

Money Market

FX

Fixed Income

 

Linear Derivatives

Swaps

FRAs

Futures

Linear Derivatives

Swaps

FRAs

Futures

 

 

Options

Caps/Floors

European Swaptions

Bermudan Swaption

FX Options

Exotic Fx Options

 

Additional components (all levels)

VAR

Sensitivity

ALM

Mark to Market

Credit

Liquidity

IAS 39 – Hedge Effectiveness

 

 

 

Core composition (all levels)

Valuation Engine

User Desktop

VAR Reporting

Profiling function

Reference Data function

Run scheduler

Security

Logging

System Administrator

Trade Data Warehouse

Market Data Warehouse

Trades Interface

Market Data Interface

 

 

 

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