Risk Controlling

CHALLENGE: A regional bank faces a systems landscape for finance and risk management that consists of highly individualized solutions which in turn led to power/knowledge monopolies of single individuals or small groups, thereby creating significant operational risk.

OUR SOLUTION: Senacor analyzes the current state and suggests a roadmap for a multi-year restructuring along frequent milestones. The solution utilizes existing standard software, adding own developments and reusable services.  

CHALLENGE: Staff, processes, and IT of the risk controlling department of a major full-service bank are geared towards regulatory precise measurement of current risks. A newly installed manager is charged by the board with to re-align the organization towards simulation and pro-active planning.

OUR SOLUTION: Creation of risk target operating model based on three components: outside-in blueprint, own vision of the organization, and stringent steering requirements of external and internal origin. Synthesis of a target vision with clear separation of responsibilities for data generation, model design, and analysis, as well as reporting. At the same time, re-structuring the organization of workflows along types of risk.

CHALLENGE: To establish a risk/return management of the business areas of a specialty bank, an integrated overview of risks and earnings data is necessary.

OUR SOLUTION: Creation of a decentralized data process scheme for operational business area and risk management. It is designed for usage by individual business areas, finance controlling, and risk controlling. Aside from standard reporting, implementation also included customizable ad-hoc analyses to give business areas and management better transparency on risk profiles and revenue contributions.