Opture® Risk Management System Fulfills Corporate Requirements
International Holdings
Some of our clients, especially international holdings with foreign production plants and/or subsidiaries, intend to improve their risk management with the following benefits:
- Generate shareholder value.
- Optimize risk-return position.
- Optimize capital allocation.
- Reduce earnings volatilities.
- Increase competitive advantages.
To cover the requirements of their international business (with volatilities of exchange rates, volatilities of interest rates, volatilities of raw material prices, different business units, complex product portfolio, special legal requirements, activities in several financial markets, financial investors, etc.) theyuse the Opture® Risk Management with the following modules:
- Risk Controlling with risk-adjusted P&L statement, risk figures, sensitivities, quantitative risk database.
- Risk Management with optimized risk mitigation, integrated risk dimension into operational and strategic (planning) processes and systems.
- Risk Management Strategy with optimization of risk-return position and realization of diversification effects.
- Risk Monitoring and reporting.
- Credit Risk Management with optimized credit portfolio.
The Opture® Risk Management system is based on state-of-the-art risk management models and methods enhanced with exclusive developments from Noetzold & Noetzold, specifically for data collection quality, business risk modelling, and simulation performance. The system meets highest requirements of risk managers world-wide. The Opture® Risk Managementextends the Opture® Risk Controlling with a risk aggregation including also risk factors (such as market factors), risk-return benchmarking, and portfolio optimization.
Mid-sized Companies
Normally mid-sized companies operate their risk management system in controlling or auditing departments with small personnel capacity. Aims are thefulfillment of legal requirements, the integration of the risk dimension into their (operational and strategic) planning processes, and the calculation (aggregation) of correct risk results for risk mitigation and steering. Therefore mid-sized companies often demand the Opture® Risk Management Service or Opture® Risk Controlling system from Noetzold & Noetzold with the following content:
- Risk Controlling with risk-adjusted P&L statement, risk figures, sensitivities, quantitative risk database.
- Simulation of specific scenarios for individual risk portfolios.
- Risk Monitoring and reporting.
- Risk Aggregation with risk aggregation of all correlated risks, integration of the risk dimension into operational and strategic (planning) processes.
The Opture® Risk Controlling system contains the high-performance Opture® Risk Engine to aggregate correlated risks, opportunities, and measures.
The Opture® Risk Management Service provides clients with customizedrisk reporting of all risk results and all relevant risk analyses (e.g. risk identification, quantification, and aggregation, risk-adjusted P&L, risk figures, etc.). This service option contains the full benefits of the Opture® Risk Management system without the costs of traditionalsystem deployment. There is no software to buy or to install or to operate.
Small Companies
Many smaller companies only want to fulfill legal requirements with risk documentation and mitigation. Often a risk database has been built on spreadsheets, which can be a suitable solution for these requirements. When they want to develop their risk management, but do not intend to step to a full-fledged risk management system, thenthe Opture® Risk Management Service or the Opture® Risk Documentation system can be an appropriate solution with:
- Quantitative Risk Data base with consideration of different gross/net parameters.
- Calculation gross and net risk average values.
- Risk map, risk ranking.
- Risk Monitoring and reporting.
- Calculation individual risk portfolios.
- Option to upgrade later to full Opture® Risk Controlling or Risk Management.
The Opture® Risk Documentation system is the first step towards a standardized enterprise-wide risk management process and solid basis for a later upgrade into a complete Opture® Risk Controlling or Risk Management.
The Opture® Risk Management Service provides clients with customizedrisk reporting of all risk results and all relevant risk analyses (e.g. risk identification, quantification, and aggregation, risk-adjusted P&L, risk figures, etc.). This service option contains the full benefits of the Opture® Risk Management system without the costs of traditionalsystem deployment. There is no software to buy or to install or to operate.
Corporate Financial Departments
The financial departments of corporates manage currency risks, commodity risks, interest rate risks, credit risks,liquidity risks, and other specific price volatility risks (e.g. raw material prices). Most of these risks are covered by the standard Opture® Risk Controlling or Risk Managementsystem, for those not covered Noetzold & Noetzold develops customized system solutions and models, see Consulting/Corporates and Consulting/Banks:
- Financial Risk Management
- Liquidity Risk Management
- Commodity Risk Management
- Credit Risk Management
Financial Institutions and Insurance Companies
Since risk management is a core competence of financial institutions and insurance companies, these companies often possess developed risk management environments. Noetzold & Noetzold has expertise in integrating systems and processes covering risks of different typesand in modelling operational risks and credit risks, see Consulting/Banks:
- Enterprise-wide Risk Management
- Operational Risk Management
- Credit Risk Management