Altran CIS Italia: high-precision mapping of operating risks

Altran CIS Italia helped the Italian bank Banca Intesa develop a tracking and management solution for its operating risks.

The new Basel regulatory framework requires all banks to make every effort to assess the financial risks they undertake in relation to their customers as well as their own operating risks, such as human error, fraud, IT failures, business disputes, accidents and floods. The objective is to set aside the exact amount of equity capital necessary to cover their risks, in order to secure their business operations and ensure their long-term viability. Of three possible methodologies, the Italian bank Banca Intesa has opted for the most advanced solution, called Advanced Measurement Approaches.

Graphic, ergonomic and integrated into the bank’s information system, the platform was developed by Altran CIS Italia in a Matlab environment. Questionnaires provide the data source. The tool not only allows the bank to comply with the Basel Committee requirements, but also provides an opportunity to simulate a large number of unfavourable scenarios and to test the bank’s vulnerability to crises.

Pour Banca Intesa, l’avantage est double. D’une part, le département d’audit interne bénéficie d’un outil proactif de gestion de ses risques opérationnels. D’autre part, celui-ci peut cartographier en permanence la dépendance de l’établissement vis-à-vis d’un large éventail de risques et évaluer la pertinence de ses mécanismes de prévention, de couverture et d’assurance.

www.altran-cis.it

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