Credence RiskMark is a robust and scalable market risk management solution that aids banks with Basel II compliance reporting for the treasury investment portfolio under the Revised Framework.

Riskmark supports measurement of market risk as per the standardised Approach and Internal Models Approach and provides a comprehensive range of tools for risk mitigation and control such as backtesting of VaR models, stress testing and scenario creation for "What If" analysis.

Key Benefits

Large Customer Base: The current version of Credence RiskMark has a large client base in the banking industry, primarily on account of proven model validation results over the years.

VaR Model Scalability: The system has a set of VaR models that can be used across investment asset classes and portfolios. However, the application set up is scalable to incorporate new models and variations to the existing models as and when required to ensure that they remain dynamic to meet the demands of a constantly changing economic environment.

Flexible Reporting Functionality: The system allows the user to save reports in pdf format or copy report data onto the clipboard for analysis in spread sheets. In addition the system has a built in report designer which allows the users to design and reuse reports based on any data displayed on the system.