| |
 |
 |
|
|
|
|
|
|
|
 |
This
revolutionary system satisfies the needs of many
organizations who had found that effective Operational
Risk management required a functionality set significantly
beyond what was available. With input from our clients
and Amelia’s academic and research partners,
OR2Q creates a continuum between the qualitative
and quantitative assessment of the Operational Risks
that organisations face. |
|
 |
Designed
to meet the specific operational risk management
needs of financial institutions, fORM - Operational
Risk Management for Financial Institutions - is
targeted at those organisations who wish to adopt
either the Basic or Standardised approaches as detailed
in the latest Basel II Operational Risk Proposals.
fORM provides a corporatewide loss events database
and facilitates the implementation of the ten principles
of the Sound Practice for the Management and Supervision
of Operational Risk. detailed in the Basel paper
issued in December 2001. |
|
 |
ORCAS
has been specifically developed for risk managers
and internal auditors to automate risk and control
assessments. It is used to provide a common risk
and control universe between the Client's operational
risk initiative and the traditional internal audit
activity as is increasingly being required by Banking
Regulators. A Risk Event (Loss / Near Miss database)
functionality is also incorporated in readiness
for Capital Allocation for Operational Risk as outlined
in Basel II, Basic, Standardised and Advanced Measurement
approaches. |
|
|
|
|
|
 |
|
|
|
