RiskGuard 3.0 is a software solution for risk management, enabling Basel III Pillar 1 and 2 calculations, as well as fulfilling regulatory and financial reporting standards. In addition to offering streamlined calculation of key indicators, the solution includes compliance reporting based on localizable COREP templates. Powerful routines used in calculations are optimized for working with large banking and trading books. Calculations are typically done on premise, on a server infrastructure inside the larger client infrastructure. The user can access the results via a graphic interface, as well generate required reports.
The solution is developed in a multi-layered architecture. Its basic components are:
• RiskGuard 3.0 DataMart;
• RiskGuard 3.0 Core – calculation engine;
• Graphical user interface, authentication and security layer.
The solution is fully modular. In addition to a core license pack, our clients typically include one or more of the following modules:
• Credit Risk Module;
• Market Risk Module;
• Liquidity Risk Module (includes LCR and NSFR reporting);
• Operational Risk Module;
• ICAAP Assist Module;
• ILAAP Assist Module;
• ALM Module;
• Market Portfolio Management Module.
Regulatory reporting is a key feature of our modules. It is fully automated, fully compliant with Basel III framework, and it can be calibrated locally where allowed.
• COREP reporting for Pillar 1 risks, such as credit, concentration, counterparty, liquidity, market (with or without trading book), in xlsx and xml formats;
• Pillar 2 risks, what-if and stress test reports, for various capital add-ons;
• Various ALM-related reports, such as term and currency structure of cash flows.;
• Customized reports for internal, regulatory or consolidated reporting.
• All interim calculations are being saved for audit purposes;
Our RiskGuard and Select-9* solutions share our CIFSuite user interface, with the following features:
• Multi-lingual interface;
• Multi-user access with flexible user roles and permissions;
• Agile software support;
• Fully automated data validation;
• Fully automated calculations;
• Analytics, custom and regulatory reporting generation.
• Select-9

Our RiskGuard and Select-9 solutions share our CIFSuite user interface, with the following features:
• Multi-lingual interface;
• Multi-user access with flexible user roles and permissions;
• Agile software support;
• Fully automated data validation;
• Fully automated calculations;
• Analytics, custom and regulatory reporting generation.
• Additional Services in Financial Consulting
We provide a range of services related to financial and risk modelling to our clients. Our team has developed and implemented numerous models in banks and other financial institutions. Our methodologies are being used in over a third of the banks in Serbia (a total of 30 banks), central banks and insurance companies in the South-Eastern Europe and we are actively expanding our client list even further. Methodologies and services that we offer are ranging from purely regulatory requests regarding Basel II/III methodologies to the following:
• Optimal collateral allocation with respect to credit risk RWA;
• Market-implied PD;
• Market-implied LGD for corporate/sovereign bonds;
• Pricing/fair value calculation of derivatives and other complex non-linear products;
• Assessing the exposure to operational risk (operational risk VaR);
• Forecasting of treasury and Libor yield curves;
• Value-at-Risk (VaR) and Expected shortfall (ES) methodologies (historical and analytical simulation, and Monte Carlo models);
• Back-testing of VaR and ES models;
• Running regressions of default rates on macroeconomic variables to determine for-ward-looking scenarios and Point-in-Time PD transformations;
• Credit rating and scoring methodologies for calculating PD;
• Risk-based pricing;
• Credit rating and scoring methodologies for calculating LGD;
• Asset and liability management;
• Internal capital assessment (ICAAP) and Internal liquidity assessment (ILAAP) methodologies, as a consulting addition to our ICAAP and ILAAP Assist modules;
• IFRS15;
• IFRS16.