Imberg RaPID© is an integrated software for internal quantitative risk management (interest, liquidity, credit, market), balance sheet management and simulation, Liquidity at Risk (LaR), EBA/ECB regulatory reporting, IFRS (7, 9, 13), limit management, intraday liquidity (BCBS 248) and treasury for banks and insurance companies. RaPID is web based and uses an Oracle database (SE or EE). RaPID can be installed on site or operated as SaaS (Software as a Service). It is built for high data volumes and supports massive parallel processing. The current facts sheet treats liquidity risk – other facts sheets exist for other areas.
Accounting / controlling
Almost any kind of financial instrument can be modelled like time deposits, mortgages, issuances, roller coaster, swaps, collaterals, counter balancing capacity and options. Supported are deterministic, variable (depending on market risk factors) and stochastic cash flows by using distributions or random functions.
Liquidity gap
- Marginal, cumulative, residual
- User defined liquidity management reports
- Scenario based
- Full drill down to the underlying data and single cash flow
- Liquidity at Risk by using Monte Carlo or stochastic cash flow modeling
- With / without new business
- Concentration reports based on any data
Scenario and stress testing
- Management of assets / liabilities / liquidity view
- Arbitrary time horizons and scenarios / stress testing, such as early repayments, drawing behavior of offer options, promotions, new business, replication portfolio, sales, default probabilities, etc.
- 8 balance sheet systems in parallel: local GAAP, IFRS (7, 9, 13, 17), market value balance sheet, tax balance sheet, EU Solvency and CH Solvency, balance sheet subsidiaries
- 20 different valuation methods such as DCM, BSM, amortized cost, various depreciation methods, etc.
- Dynamic views in terms of liquidity, credit risk, interest rate risk and market risk
- Integration with regulatory reporting (future / forward Looking LCR, NSFR)
- Different views like contractual, planned or stressed cashflows
Limits
- Real time and near time limit checks using flexible criteria like currencies, countries, counterparties, large exposure according to CRR.
Regulatory reporting
- LCR (Liquidity covera
- NSFR (Net Stable Funding Ratio)
- ALMM (Additional Liquidity Monitoring Metrics)
- Funding plan
Intraday liquidity
- Real time nostro balance by using MQ Series / swift feed
- Reporting according to BCBS 248
Data connectors
- ETL (extract transform load) for data interfacing to core or trading systems (text, SQL, Json Rest, XML Soap)
- Bloomberg feed
- SIX Valor feed
Reporting
- More than 160 standard reports with full drill down
- SQL interface
- List generator
- Self-service dashboarding
- Excel to web reporting
- Pivot tables / OLAP cubes
Technical requirements
- Server: Windows or Unix
- Supports massive parallel processing
- Database: Oracle XE, SE, and EE
- MS Internet Explorer, Edge, Firefox, and Chrome
Additional features
- Job control for workflow automation
- Check lists
- ACL (access control list)
- Audit trail
- Historization
- Back testing
- Data warehouse supporting big amount of data
Simple, complex, and stochastic cash flow modeling
Historical / Monte Carlo simulation / Liquidity at Risk
Forward / future LCR
Additional Liquidity Monitoring Metrics (ALMM)
User defined web based management report
Intraday liquidity / nostro balance
Self-service dashboarding
