AT-A-GLANCE
An asset manager sought to replace an inflexible risk system provided by a Wall Street dealer. The portfolio was diverse, with a sizable concentration in structured securities and mortgage assets.
The legacy analytics system was rigid with no flexibility to vary scenarios or critical investor and regulatory reporting.
5 Vendors → Single Platform
32% Annual Cost Savings
Increased Flexibility
Additional Ad-hoc Analytics
”Our existing daily process for calculating, validating, and reporting on key market and credit risk metrics required significant manual work… [Edge] gets us to the answers faster, putting us in a better position to identify exposures and address potential problems.”
— Managing Director, Securitized Products
Models + Data management = End-to-end Managed Process
CHALLENGES
Lacked a single-solution
Data integrity issues
Inflexible locally installed risk management system
No direct connectivity to downstream systems
SOLUTIONS
RiskSpan’s Edge Platform delivered a cost-efficient and flexible solution by bundling required data feeds, predictive models for mortgage and structured products, and infrastructure management.
The Platform manages and validates the asset manager’s third-party and portfolio data and produces scenario analytics in a secure hosted environment.
EDGE WE PROVIDED
End-to-end data and risk management platform
- Scalable, cloud native technology
- Increased flexibility to run analytics at loan level; additional interactive / ad-hoc analytics
- Reliable accurate data with frequent updates
Cost and operational efficiencies gained
- Streamlined workflows | Automated processes
- 32% annual cost savings
- 46% fewer resources needed for maintenance