BUSINESS EVOLUTION WITH INTELLIGENT RISK MANAGEMENT

Operational Risk Management

We help banks take over the support, maintenance, and installation of operational risk management product for financial services clients. This has several benefits for product owners and clients. 

Benefits to product owners:
• Allows the product owners to focus on their core business
• Eliminates the extra cost for supporting products
• Ensures smooth functioning of activities and service quality
Benefits to clients:
• Customized services through the development of client-specific process handbooks defining the detailed support model
• Improved processes through the creation of a dedicated quality assurance team to monitor and track the quality of deliverables
• Created a knowledge repository for quicker issue resolution and faster induction of new team members"

Credit Risk Management

 Mphasis engagement on credit risk technologies encompasses various application suites, built and maintained for credit approval, credit limit management, overdraft management, data warehouse, and a reporting portal. We have de-commissioned legacy systems and migrated to an integrated credit risk desktop for a wholesale credit group. The key programs that we delivered for the organization include:
• Credit Surveillance Report
• Approval Record and Control
• Over-Limit Management
• Identification of cross-sell and upsell offers for retail and SME customers based on their inferred income and credit risk profile"

• Threshold Management System
• Regulatory Reporting Platform

Market Risk Management

Mphasis has supported organizations through multi-year initiatives to support global monitoring and reporting of key financial measures such as AUM, revenue flows, investment, and counterparty risk across global investment management and global wealth management. We help organizations:
• Implement a risk management platform
• Develop a counterparty management workflow system to review, approve, and manage the counterparty's limit
• Create analytical platforms for finance teams to report a multi-asset class risk

CCAR

Mphasis helps large financial organizations follow a bottom-up approach to data validation supported by:
• Proprietary data validation framework
• Data flow maps for each system
• Domain Knowledge of Financial Tools/Models that Ensures Consistent and Accurate Results Across such Platforms/Systems
• Tools to do data reconnaisance built using Hyperion
• Schedule L for the wholesale banking loans portfolio

Liquidity Risk Management

After the 2008 financial crisis, liquidity risk management has become more important and mandated by regulators. Failure to comply can lead to penalties. Mphasis helps organizations to enhance and automate the liquidity risk reporting capabilities. Our solutions include:
• One single solution for liquidity regulations compliance
• Enhanced monitoring and user experience
• Monitoring tools for risk managers to identify negative liquidity trends
• Easy identification of high-quality liquid assets and the capability to monitor related trends
• Capability to manage the minimum acceptable amount of stable funding in an extended stress scenario
• Highly intuitive and robust web application user experience and user interface
• Flexible architecture providing an ability to accommodate future changes to regulations"

Remediation

With the right mix of technology, people, and processes, we optimize document remediation via:
• Proprietary remediation case management tool providing skill-based routing, quality assessment checklists, real-time reporting, compliance assurance, and load balancing to ensure optimized work
• Unique delivery engagement model executed through onshore-offshore delivery centers, augmented with a skilled resource pool of legal/paralegal analysts, investment banking associates, and data analysts
• Targeted university curriculum that trains and enhances analysts' skills around IB contracts, document nuances, and legal reference ability
• Strategic partnerships with leading law firms for a skilled pool of legal and para-legal resources

Know Your Vendor Services

Discover how Mphasis provides services (consulting, technology, and process outsourcing) around KYV (Know Your Vendor) to:
• Implement and tune smart compliance solution (NextAngles)
• Define or re-engineer business processes
• Write business requirements, functional requirements, and build POCs
• Evaluate vendors (for traditional supplier lifecycle management)
• Implement or upgrade a vendor platform
• Perform data engineering – digitization, modeling
• Provide skills for KYV operations"

Risk Reporting Solutions

We have worked extensively with leading companies to develop:

• A consolidated reporting solution for all regulatory reporting requirements for a leading global bank
• Complete business analysis for implementing BCBS 261 for a large universal bank
• An extensive data model for compliance and regulatory reporting for a large universal bank
• FFIEC-009 report for a large universal bank