Automation of Risk Processes
Portfolio Control on your FingertipsHaving to track the portfolio closely for early detection of risk can be really tedious. With VaR Edge, almost all your limits can be set-up within the system, which then keeps monitoring the portfolio automatically and alerts you in case of any potential risks. The alerts and daily reports are delivered right into your inbox on all your devices, allowing you to concentrate on devising preventive strategies rather than looking for a needle in a haystack.
What does VaR Edge Automate?
Monitoring
VaR Edge automates all the checking and monitoring for you and sends you alerts via email if any portfolio / position breaches its Quantity, P&L, or Risk limit. These limits can also be set for Business Units or Counterparties or Markets as well.
Reporting & Compliance
Data Management
By sending Reconciliation Errors, Data Validation Errors, configuration errors, etc. to emails, VaR Edge ensures that there is no Garbage data inside, and you’re working with reliable, actionable information at all times.
Automation with Complete Visibility
Risk Calculation Process should not be a Black-Box.VaR Edge provides complete visibility into each and every step of the Risk Calculation process, making it more transparent and understandable. It enables Risk Evangelists within the organization to propagate understading of Risk across the company.
Besides, it makes the entire process seamless, from Data Upload to VaR numbers. Any error reports generated at any stage are sent separately to people in-charge of ensuring smooth running of the process.