QuIC provides innovative solutions to meet your needs. Here’s how:
For our competitors who thought that bigger was better, we’re taking them a bit by surprise. In a comparatively short period of time, our nimble team has become recognised as market leaders by the world’s largest financial institutions. Supported by the strength of the QuIC Component Suite™ and developed by our own in-house engineering experts, industry professionals count on us to provide solutions and services of the highest calibre.
In times of crisis, speed is just as important as accuracy. Fortunately, our Stress Testing Solution can deliver both. What’s more, QuIC’s speed does not come at the expense of increased computing requirements. In comparison to the 500-1000 machines needed for other systems, QuIC solutions typically use grids of only 50-100 machines. The result? A 90 per cent reduction in data-centre and utility costs.
QuIC’s Stress Testing Solution
Enabling Risk Managers, Traders and CROs to perform under extreme conditions.
Financial institutions face more demands than ever before, particularly when it comes to their stress testing procedures. That’s why QuIC’s Stress Testing Solution provides the ability to incorporate data for a growing range of instruments, risk factors, market events and economic scenarios. It then presents the results in a clear manner, allowing for fast and effective interpretation.
This solution’s framework makes it easier to assess your overall position when compared with internal risk benchmarks. It shocks the assumptions behind a portfolio’s mark-to-market (MTM) and potential future exposure (PFE) calculations, allowing you to prepare well in advance. This ensures that the correct information is always delivered to regulators. It deals with the complexity of multiple spreadsheets, disparate risk applications and manual processes in order to get the right data into the stress testing system. This becomes particularly useful when dealing with exotic and structured products.
Flexible, accurate and simple to use.
Providing the ideal combination of simulation speed, instrument coverage and modelling flexibility.
We deliver what you need at the speed you need it. QuIC’s Stress Testing Solution enables stress tests of entire portfolios to be run in near real-time. A broad range of scenarios can be modelled that cover risk at many different levels of granularity. Some examples of different models are by product, by business, organisation-wide and entity-specific stress tests.
Power and speed are at the heart of this solution. The QuIC Engine™ is what provides the computational ability to balance the stability of stress-testing processes with the flexibility necessary to allow for new stress factors. Not only can you calculate pre-defined stress scenarios, you can run them as complete simulations with stressed risk factor parameters. This turns it from a backward-looking analysis of stressed risk outcomes, to a forward-looking risk management tool that can be used by front office risk managers and independent operators alike.
- COMBINE MULTIPLE ACTIVITIES ONTO A SINGLE FRAMEWORK
Benefit from the advanced nature of the innovative QuIC Component Suite to bring all your stress testing processes under one umbrella. - ACCOMMODATE CHANGES IN REGULATION
Manage regulatory change as it occurs, allowing you to easily meet future demands. - IDENTIFY AND QUANTIFY RISK
Perform stress testing whilst including the right mix of quantitative risk modelling and qualitative human factors. - CALCULATE STRESSES SUCH AS MTM AND PFE
Gain the ability to perform full valuations on entire portfolios. - MINIMISE TECHNOLOGY COSTS
Employ fewer, lower-cost processors. - EXTEND YOUR EXISTING ARCHITECTURE
Adopt solutions that work alongside existing infrastructure.