New Release Of Oracle Reveleus Market Risk Now Available

As part of its ongoing commitment to help financial services institutions achieve accurate assessment of the relationship between existing capital and risk level, Oracle Financial Services Software has announced the availability of a new version of Oracle Reveleus Market Risk.

Oracle Reveleus Market Risk provides new and expanded modeling, analysis and reporting capabilities that help financial institutions effectively view and manage the balance between risk and returns, as well as comply with increasing regulatory and reporting requirements across multiple jurisdictions.

Delivering a single solution for an institution’s regulatory as well as internal risk management requirements, Oracle Reveleus Market Risk provides a clear view of risks and returns using multiple measures such as Value-at-Risk (VaR), Conditional Value-at-Risk (CVaR) and Component VaR – across a wide range of financial instruments, including derivatives.

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The solution helps financial institutions estimate market risk using industry-standard methodologies – including Monte Carlo Simulation and Analytic Method. It also helps facilitate compliance with the Internal Models Approach for capital adequacy as specified under the Basel II Accord and eases multi-jurisdictional regulatory processes.

New Features Provide Expanded Insight

Oracle Reveleus Market Risk incorporates quantitative libraries for modeling, pricing, trading and risk management. Combined with instrument coverage and the ability to define portfolios based on user-specified dimensions, the solution provides computational coverage and flexibility.

In this new release, Oracle Reveleus Market Risk leverages the Oracle Reveleus Advanced Analytics Framework to deliver increased functionality and modeling capabilities.

Integrated stress testing capabilities in the newest version enable institutions to stress test and back test multiple portfolios within a single solution for a comprehensive view that enables in-depth analysis.

The solution’s new Market Risk Business Intelligence functionality includes a reporting tool that enables financial institutions to customise reporting to suit user requirements and report across multiple levels of the organisation. It also enables side-by-side comparison of historical and current risk, as well as alerts for specified rules, such as a VaR estimate exceeding limits, to enable earlier intervention.

The new release also provides enhanced instrument coverage including options and credit derivatives.

“The new release of Oracle Reveleus Market Risk provides a comprehensive solution that enables financial institutions to manage all of their internal and regulatory market risk requirements – from risk measure estimation to stress testing to model validation – using a single solution, reducing IT complexity and enabling a more complete view,” said S Ramakrishnan, CEO of Reveleus and Mantas products, Oracle Financial Services Software. “In today’s market, it also supports financial institutions’ efforts to improve capital management and strategic planning by actively incorporating market risk into decision making and enabling rapid identification of high-risk portfolios.”