Risk Management Assessment

Business Case

Some of our clients use AspectCTRM as a reliable and accurate stand-alone transaction management system for profit and loss (P&L) and position reporting. But many of our clients understand the full promise and benefits of the system including its real-time analytical tools due to its alignment with the goals of the company. A well-designed risk assessment plan aligned with business processes and integrated solutions is important. It’s been proven by the most successful companies to deliver a powerful framework for risk management at every level of the organization from trading and operations to management and corporate.

Solution

This solution consists of a review of your current risk management framework and how best practices through AspectCTRM can be aligned. Finally in collaboration with the business, an Aspect consultant will provide recommendations for creating a risk management plan that integrates the AspectCTRM risk processes with your business risk management processes and policies.

Packaged Service

The aim of this service is to help clients realize the full potential of AspectCTRM’s risk management capabilities and provide a strategy to create a cohesive, collaborative risk assessment framework. This package offers the following services:

• Study and analyze all client risk management processes and procedures.
• Overview of risk management best practices including value-at-risk (VaR methodology (if required).
• Overview of AspectCTRM risk management capabilities.
• Recommendations on implementing risk management framework using AspectCTRM processes and capabilities.

Details of Service

This package provides the services of an experienced Aspect consultant to work onsite with the client for a pre-agreed period of time and with clearly defined deliverables. Any one of the following services can be offered individually or as one package:

Risk Management Process Study and Analysis Phase

This phase consists of a study of client’s current risk management processes/practices to understand and analyze the current risk management landscape.

Overview of Risk Management Best Practices

This phase will generally be in the form of a presentation/training on risk management best practices.

Overview of AspectCTRM Risk Management Capabilities

In this phase, Aspect consultants will demonstrate various risk management processes and capabilities of the AspectCTRM system and ideas on how these can be used by business.

Recommendations

Finally, a report incorporating overview of current risk framework and recommendations on implementing a risk management framework using AspectCTRM at various levels of management in the organisation will be provided.

Timeframe

The length of time required to carry out this assignment depends on the size and complexity of the organization and the services required by the client.