Risk Integrated, a consulting and technology firm focusing on risk management for specialised finance, has expanded the capabilities of their Specialised Finance System (SFS) solution by offering it as a web-based service. Risk Integrated is one of the first organisations to offer real estate risk solutions via an Application Service Provider (ASP).
Deployment of SFS via an ASP provides risk professionals with quick implementation of advanced analytics for commercial real estate and project finance. This technology, which can be customized or provided in a standardised format, enables secure accessibility across the internet by all authorised users. Reporting offerings include analytics, stress tests, and risk simulations that meet Basel II advanced compliance standards.
To date, SFS has been installed in-house by banks in order to meet the needs of Basel II compliance, portfolio reporting, and deal structuring. The results are created through the use of stress tests and risk simulations. The Risk Integrated SFS product is able to price and structure complex asset class deals including: project finance, leveraged finance, and commercial real estate.
Dr. Chris Marrison, CEO, Risk Integrated, states, âThere is a demand emerging in the commercial real estate risk field for an ASP product that performs risk analyses expediently and cost effectively. The elimination of the need for internal technical maintenance is appealing to many firms.â