We provide innovative solutions that meet your needs. Here’s how.
We take pride in our work. We also take pride in our clients, particularly since the world’s leading financial institutions trust us to facilitate their risk management needs each and every day. Why? It’s partly because our solutions tap into the computational excellence offered by the QuIC Component Suite™. It’s also because we’re ahead of the curve when it comes to industry changes. That’s what allows us to remain market leaders.
Simply put, we provide solutions with strength, speed and reliability so that you can have the confidence to focus on what you do best. What’s more, all of our solutions are individually crafted to your particular needs.
QuIC’s IRC (Incremental Risk Charge) Solution
We can help you to build and implement a cost-effective and flexible IRC platform.
Our solutions deliver what you need, when you need it. QuIC’s IRC Solution lets you build a robust, scalable, cost-effective IRC platform. This allows you to reflect on varying liquidity horizons and calculate IRC on a daily or weekly basis.
This solution is based on a Monte Carlo simulation. It is driven by a multi-factor model that captures all of the key regulatory requirements. These include position specific liquidity horizons within the constant risk rebalancing assumptions, default migration and stochastic recovery.
We place priority on the things that matter to your business. That’s why QuIC’s IRC Solution combines an initial IRC model, a high-performance calculation engine and a powerful modelling language. It has been designed for financial institutions that have an internal model for VaR (Value at Risk) and need to meet IRC regulations from the FSA (Financial Services Authority).
Fast, powerful, reliable processing, open to expansion
Our solutions deliver simulations and scenarios at record speed.
Change is the one constant in the risk management industry. IRC regulation is already set to require financial institutions to cover the majority of their trading book. As regulatory guidelines evolve over the coming years, risk management professionals need to be able to modify their IRC models quickly and constantly.
This regulation will require an immense number of simulations and scenarios, as well as the calibration of issuer risk correlation models. Adapting existing front office based market risk architecture isn’t a viable option. Fortunately, we have the solution. Consistent with regulatory guidelines, QuIC’s IRC Solution gives you the ability to meet confidence levels of 99.9%.
All of QuIC’s solutions utilise the exceptional speed and power of the QuIC Engine™. Working well with existing systems, this means we can provide consistent, reliable results to our clients both big and small.
- REMAIN FLEXIBLE TO FLUCTUATIONS IN REGULATION
Sculpt an IRC platform that can stand up to the pressures of the industry. - MEET 99.9% CONFIDENCE LEVELS
Satisfy IRC guidelines and calibrate issuer risk correlation models. - BENEFIT FROM A NEW MARKET RISK SYSTEM
Prepare for the significant pending changes with a purpose built infrastructure. - MAINTAIN EXISTING SYSTEM OPERABILITY
Minimise the disruption to your existing risk management systems. - MINIMISE TECHNOLOGY COSTS
Employ fewer, lower-cost processors. - EXTEND YOUR EXISTING ARCHITECTURE
Adopt solutions that work alongside existing risk management infrastructure.