The riskpro(tm) GADB keeps a history of relevant input data and results of riskpro(tm) with the required granularity down to the individual contract. Time resolved data is efficiently stored and accessed using proven technologies and capabilities of a modern RDBMS.
The GADB, which runs on DBMS such as Oracle, will also be ported to IBM DB2 from Version 2.6 onwards.
The GADB will also offer improved liquidity risk analysis. It will allow to back-test expected liquidity against realized liquidity. Whenever a deal is settled, the expected cash flows are calculated based on the selected assumptions. In the course of time, the effective cash flows are registered forming the basis for back-testing.
Dr. Willi Brammertz, IRIS AG Managing Director, stated: "The foreseen compatibility of the GADB with the popular and widespread DB2 will better serve our existing and prospect clients."
riskpro(tm) enables financial organizations to measure and monitor risk and profitability enterprise-wide with a single cost effective integrated analysis infrastructure. riskpro(tm) covers ALM, market and credit risk analytics including Exposure Analysis, Value at Risk, Funds Transfer Pricing, Dynamic Simulation, Limits, Historization, Basel I and II, Risk-Adjusted Performance Analysis, Credit Exposure, Credit Loss, IAS/IFRS 32/39, etc. The results are produced in Excel and stored in a Global Analysis database from where they can be customised. The analyses cover the banking and the trading book both on and off balance sheet, for any type of financial products, from saving accounts to exotic options, for any type of accepted valuation method. The underlying universal contract-centric data model and calculation engine of riskpro(tm) ensures precision and consistency in all results. Thus riskpro(tm) is an ideal and easy way to implement Basel II as a first step for a cost effective integrated financial analysis infrastructure. It is recognized by customers and established consultants as the most integrated solution on the market. riskpro(tm) is currently being used or in implementation in over 200 small to large financial organizations in 15 countries.