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The recent meltdown in the global economy has resulted in capital markets and investment banks taking a much closer look at the importance of market risk management, asset liability management, and proactive risk prevention & control. Key industry players have realized that today, more than ever, one needs a strategic approach to risk management. 

Currently, most in-house risk assessment strategies are based on day-to-day challenges, as well as risks related to capital adequacy ratios and other parameters. 

Dell Services adopts a strategic, holistic approach to risk management, based on industry best practices and solution accelerators. We can help you create and implement a strategic approach to ERM (Enterprise Risk Management).

Step 1: Assess your current risk management strategy and process
Step 2: Identify future state risk requirements
Step 3: Perform gap analysis for robust ERM solutions

Our ERM framework can be leveraged for this holistic, step-wise approach.

By collaborating with Dell Services, you may be able to reduce your business risk and protect yourself against loss of revenue and reputation.

We have worked with leading organizations to conceptualize and implement enterprise-wide risk management solutions and can help you:

  • Model liquidity and pricing risk
  • Identify quantifiable measures of risk appetite to meet internal and external expectations
  • Comply with ever-changing industry regulations and industry practices, such as G30, AML (Anti Money Laundering), and Patriot Act
  • Leverage innovative measurement methodologies for managing operational risk, such as key risk indicators, scorecard, loss data analysis, and scenario building

Dell Services ERM Services:  Helping you Become Future Ready
Our ERM services include:

  • Current Scenario Assessment and risk strategy formulation
    • ERM: Build vs. Buy Analysis 
    • Implementation Support
      • ERM product evaluation; ERM product implementation, integration and development
      • Application rationalization, migration, support, and maintenance
  • QA/Automation

How We Can Help

Our ERM solution framework includes the following for managing operational risk and risk strategy formulation:

  • Functional solution accelerators for current scenario assessment, key risk indicators measurement, scorecard creation, and risk prevention
  • Tools for build versus buy analysis
  • Implementation support
  • ERM product evaluation, implementation, integration, and development
  • Application rationalization, migration, support, and maintenance
  • Quality assurance and testing

Dell Services will deliver these solutions through a cost-optimized, global delivery model, in accordance with stringent quality norms. 

Learn more about how Dell Services can help you to evaluate and manage enterprise risk in an integrated manner, in accordance with industry best practices.

Experience

Leading Investment Bank and One of the World’s Largest Wealth Managers

Created rationalization and mitigated credit risk by implementing an exception-based, straight through processing settlement system for over the counter derivative products involving processing of interest rate derivatives. This engagement also included development of confirmations module, functionality enhancement of equity derivatives and development of interfaces to equity derivatives in front and middle-office systems. The benefits included usage of counterparty netting solutions and auto generation of novation documentation to control credit risk, mitigate settlement risk and efficient handling of derivatives.

Leading Investment Bank

Developed a calculation engine for a leading investment bank that handled operational risk for the prime brokerage ledger. The new engine supported market, cash and stock accounting for new fixed income business and the implementation of an effective operational risk management.

The benefits included an enhanced ability to process the accounting rules and perform real-time updates to accounts. The client was also able to support internal, market and control accounts including netting and suspense accounts and facilitate balance and position, along with trade reporting in time to prevent operational risk. The new system also provided data to downstream systems like coupon management, corporate action management, stock and cash reconciliation, SAP accounting engine and reporting tools.

 
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