eNewsletter Autumn 2020
Attica Bank selected Profile’s RiskAvert, the risk management system for regulatory capital calculation, liquidity risk indices as well as XBRL validation and reporting.
RiskAvert has been enhanced in several areas to deliver complete risk management. The upgraded User Interface is fully responsive and customisable, using advanced technologies like CSS3 and HTML5, enabling users to securely access all functions remotely and from any device. It also provides a number of functional and visual enhancements both in the calculation and the reporting generation processes.
RiskAvert fully covers the recently enforced rules under the “Covid-19 measures package” on the preferential treatment of exposures to SMEs, EU - Central Governments & Central Banks, Retail pensioners, as well as exposures eligible to be classified as related to high-quality infrastructure projects.
RiskAvert has been enriched with advanced reporting and analytics capabilities through its connectivity with B.I. tools for an in-depth analysis of calculation output results according to the key dimensions and parameters that affect capital requirements.