KASTLE™ Risk Management Software
Overview
3i Infotech’s KASTLE™ Risk Management is a Web-based, multi-entity, Basel II-compliant market risk management tool for banks and financial institutions. Its comprehensive tool suite addresses risk-related analytical and regulatory reporting needs and enables financial institutions to
- Identify and measure market risks across various trading portfolios
- Control risks at various levels
- Compute capital charge as per Basel II guidelines
- Data collation and reporting
- Powerful and convenient standard data collation gateway (for both treasury system and market data agencies like Reuters and Bloomberg)
- Rich collection of MIS reports, providing a framework for risk mitigation and control
- Data analyses
- Balance sheet and off-balance sheet instruments supported across all major market segments
- Hedge transaction monitoring, incremental VaR calculation
- Back testing and stress testing
- Simulation tools and “what if” analyses
- Parametric and non-parametric models of VaR computation supported
- Customization and security
- Multi-currency functionality for currency-specific exposure assessment and reporting
- Adaptive, scalable data management capabilities for worldwide branch support
- User-definable regulatory capital charge computation for market risks
- Three-tier open systems architecture with Oracle database
- Business logic developed in Pro C, for optimized memory use and security
Differentiators and Benefits
- Data collation and reporting
- Integrated Crystal Reports for generating reports from a wide range of sources
- Data analyses
- Both standardized and internal model approaches supported for market risk measurement as per Basel II norms
- Various asset classes (credit derivatives, commodities, etc.) covered
- Scenario analysis and multiple interpolation methods (including cubic spline)
- Customization and security
- User-definable, highly parametric, and customizable dashboard, supporting multiple views within an entity for multiple users
- Comprehensive and improved risk management through a wide range of reporting and analytical tools
- Efficient and effective VaR computation through built-in industry best practice approaches like variance-covariance approach or risk metrics approach, historical simulation, Monte Carlo simulation, Hull & White model, and DGVT
- Incisive insights and better decision-making capabilities through highly targeted and customized reports and analyses, multiple techniques, user-definable parameters (e.g., confidence level, holding period, volatility)
- 100% accuracy in execution made possible through functionalities like historical simulation and “what-if” analyses
- Improved productivity and reduced costs—automated analyses lead to 50% increase in productivity and swift decision-making, while cutting costs incurred on salary by 50%
Kastle Risk Management can also be deployed with Oracle Database 11g Release 2.