Function
Highlights
As part of the FinShare Financial Supply Chain
Product Suite, the Risk
Management System (RMS) is the core engine for management control over
financing. This system can provide linkage to an in-house risk management system
and/or clients can utilize this module as a standalone. With our multi-dimensional hierarchical architecture, RMS
manages and controls the limits of financial institutions and their
clients.
Key
Features
- Tree, Multi-dimensional View Structure
- Along with our Data
Administration and
Trade Document
Preparation System, the RMS organizes the
limits and customer information in a hierarchical way and maps it to
the company's organization structure
- Assigns limit amounts, the
limit control mechanism manages roles and rights for each node of the
hierarchical tree
- Monitors and manages changes
of limits dynamically and in real time
- Can be connected to a third
party or a Bank's risk management system to manage risks during the
full life cycle of the financing
- Links to regulatory compliance and surveillance systems (OFAC, AML, KYC, KYP,
etc.)
Credit
Insurance Tracking and Management Functionalities
- Can track and monitor bank owned and customer owned insurance policies
- Automatically notifies all interested parties with regard to limits,
violations, deductibles
- Integrated with loan quotes to compute coverage fees
- Credit limit checks based on
a supplier facility limit both at a total Bank relationship level and
at a buyer limit level
- Credit limit checks at the
supplier and buyer (sub-limit) relationship level
- Credit concentration limit
checks and control for supplier, buyer, customer group, industry,
currency, cross border, etc.
- Credit limit checks for
product and sub-product limits by the customer which can include an
advance ratio setup
- Credit limit checks to
facilitate controlling multicurrency transactions against base currency
limits
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