CASE STUDY: ABSA
ABSA Corporate & Investment Banking, member of Barclays partners with IBM to create a single view of risk across both trading and banking
ABSA Corporate & Investment Banking integrates a platform that can present a single, accurate view of counterparty credit risk, and meet the needs of the business, its clients, and its regulators in South Africa.
Time taken to produce a single view of risk has been reduced by 85 percent.
"Last year, when concerns arose about one of our large financial counterparties, it gave us a perfect opportunity to test our new solution. With spreadsheet-based analysis, it took seven days to calculate our total exposure to that particular counterparty. With IBM Algo Credit Manager, we got to the same answer in two minutes."
Head of Change, Barclays Africa
How it works
By applying data modeling, predictive analytics, decision support tools, and comprehensive reporting you can better monitor, measure, and manage market and credit risk exposure across multiple silos. This solution allows you to:
IBM offers an integrated set of risk solutions that allow banks to calculate, measure, monitor, manage and report on their financial risks. By adopting this enterprise approach banks can achieve compliance and maximize profitability.
Rising to the FRTB Challenge
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A complete perspective – managing and monitoring a single view of concentration risk
Banking standards for monitoring and controlling large exposures have uncovered a need that can streamline credit risk management solutions.