• Product Overview
  • Base Architecture Module
  • Credit Risk Module
  • Market Risk Module
  • Limit Management Module
  • Economic Capital Module
  • Reporting Module
  • Razor Technology
• Solutions
  • Credit, Market & Liquidity Risk
  • Credit & Market Risk
  • CCP Risk Management
  • Limit Management
  • Stress and Scenario Testing
  • Capital Management
  • Margin Management
  • Risk Aggregation
  • Portfolio Replication Solution
  • Incremental Risk Charge
  • Basel II
  • CPSS-IOSCO
  • CVA Solution
  • Solvency II
• Why Choose Razor

Razor has a Credit Risk module and an Advanced Credit Risk module:

Credit Risk Module Functions

Razor's Credit Risk module supports the calculation of current and potential exposure using a Mark to Market plus add-on approach.

Pricing support is provided for a comprehensive set of products including:

• Cash FX
• Securities
• Interest Rate Derivatives
• Money Market
• FX Products
• Commodities
• Equity Derivatives
• Credit Derivatives
• Structured Products - The following functionality is included in this module to support exposure measurement:
• Pre-deal checking - sub-second pre-deal checking of new deals against limits
• What-if functionality - sophisticated modeling of impact of portfolio changes on credit exposure
• Netting and Collateral - full support for netting or collateral agreements
• Capability to extend product coverage and use own analytics/pricing models

 

Advanced Credit Risk Module Functions

Razor's Advanced Credit Risk module supports the calculation of potential exposure using Monte Carlo simulation. This provides a more accurate measurement of credit exposure. Credit exposure can also be lowered significantly for well diversified counterparties due to economic offsetting effects within portfolios. Razor's advanced analytics module includes Razor's distributed processing architecture which provides the accuracy of Monte Carlo simulation with near real-time performance.

Razor's Advanced Credit Risk module provides a specific solution for banks to take advantage of the Basel II standards and significantly reduce the regulatory capital requirements of the trading book. Razor provides a mechanism/methodology for banks to incorporate a sophisticated internal model producing advanced exposure calculations, including PFE, EE, EEE and effective EPE.

All of the functionality provided by the Credit Risk module is supported in the Advanced Credit Risk module. This includes broad product coverage, pre-deal and what-if capability, and support for netting and collateral agreements.

The Razor Base Architecture and Razor Credit Risk modules are pre-requisites for the Razor Advanced Credit Risk module.

For further information, please contact us.