credit risk, risk management, credit limit, credit exposure, settlement limit, credit management, limit analysis, settlement risks, Basel II, PEE exposure, Credit VaR, value at risk, Monte Carlo engine, market risk, monitor blotters
Overview
Control global risk exposures across your enterprise. Reuters Kondor Global Risk consolidates credit limit information and manages the data in real-time across all instrument types. It provides credit and risk managers with the control and ability to monitor credit exposures, enabling efficient limit utilization across the enterprise. Its scaleable architecture makes Kondor Global Risk suitable for single-site and global institutions alike.
With Reuters Kondor Global Risk, you can:
Manage your credit and settlement limits in real-time, over any geographical scale, across multiple front-office applications via automatic limit calculation
Consistently manage and maintain counterparty data across multiple front-office applications
Comply with Basel II regulation – Reuters Kondor Global Risk addresses the most critical regulatory demands in calculating and reporting capital adequacy for credit risk, including the requirements under the three pillars
Compute your Potential Future Exposure (PFE) and Credit VaR exposure using Kondor Global Risk’s Monte Carlo engine
Manage your market risk – The market risk module calculates historical simulation-based Value at Risk as an internal model-based method. This includes the calculation of regulatory capital for the trading book’s market risk
Why choose Reuters Kondor Global Risk?
Real-time intraday limits monitoring: Kondor Global Risk controls exposures via monitoring blotters that cover counterparties, issuers, industries, countries and settlement risks. Aggregated limit usage can be measured at any level and traders are able to check limits in real-time and request authorisation for a deal before it is executed.
Counterparty static data maintenance: Such maintenance ensures the consistency and integrity of counterparty data across multiple front-office applications.
Credit limit calculation: Kondor Global Risk allows the calculation of credit limits using any combination of instrument, currency, industry or rating information. The system supports several advanced credit risk measurement methodologies such as nominal credit exposure; replacement cost and BIS techniques including counterparty net-to-gross ratio exposure
Reporting and revaluation: As well as real-time limit exposure calculations for new transactions, Kondor Global Risk performs a mark-to-market revaluation of all open deals at the end of each day and updates limits accordingly.
