Formula Based Content

• Scheduling, control and documentation of formula runs
• Control of data refreshes in support of formula runs
• Data Quality management for datasets feeding standard formula runs
• Tracking admissible capital relative to formula output
• Capital margin appetite reporting

Model Operation

• Scheduling, control and documentation of model runs
• Transfer of scenario quantification data to capital model
• Transfer of risk quantification data from model to DF for inclusion in reporting
• Tracking admissible capital relative to model output
• Capital margin appetite reporting

Model risk management

• Model limitations logging
• Model limitations logging
• Model use logging
• Model Change Control
• Validation test library maintenance
• Validation test planning including test aging analysis
• Data Quality management for datasets feeding model runs (component of validation testing)
• Manage model remediation of model deficiencies
• Validation test reporting

Scenario Based Content

• Capture of scenarios for risk crystallisation at various return periods
• Display multiple scenarios for a given risk, as a frequency/severity curve
• Include scenarios in risk reporting
• Exploit scenarios in support of capital adequacy