NEWS

LLC «Riskfin» Press release

"RISKFIN" company congratulates all its partners on the occasion of "Day of National Unity", we wish you success, good luck, optimism, which are always useful in difficult industrial and life situations.

On the eve of the holiday, we would like to underline results of our activities for the last 6 months.

Despite the difficult conditions prevailing in the Russian market, our software has been acquired by more than 30 companies, enterprises, institutions of higher education.

We are constantly improving our program:

• A scenario analysis of changes in analytical indicators was developed, such as:
• values of mandatory standards (changing in size of capital, risk assets, etc.);
• percentage of provisioning for loan (changes in the borrower's financial position, etc.);
• indicators according to the Bank of Russia № 2005-U dated 30.04.2008. "An estimate of the economic situation of the banks' (change of indicators for assessing capital, assets, liquidity, etc.)
• Functionality to import data reporting templates and custom internal format is extended
• A new type of data is added to the guide forms depending on the category of organizations.
• Functional analysis of the operational risk is modified in the part of:
• Possibilities to record expert estimates in the calculation of "risk maps";
• Evaluation of capital at risk (ORC) by method of "simulation" based scenarios;
• Valuation procedures used in the calculation of data of external database events;
• Functionality of configuration schemes of score-gravimetric method (the opportunity to shape and edit regression models which estimate the expected loss by experts);
• Creating reports "Risk map" and "Ranking".
• Parameters of existing methods of analysis of credit institutions have been actualized plus we created new techniques (http://www.riskfin.ru/en/news_EN/55/181).
• Handbook reports in Excel have been systemized, process of forming a list of dates have been automated.
• The ability to use Excel reports information from the dossier organizations is added.
• The ability of textual interpretation of the calculated values of parameters of analytical tables in the results of calculations and generate a report is added.
• Ability to automatically separate the sample data for regression analysis and validation of the rating systems is added.
• Implemented a search in the rankings calculation results of analytical tables.
• Ability to dynamically change the list of entities belonging to one of the categories on a given date  is added to the functional categories of organizations.
• Time estimates of indicators in the analysis of the risks (aggregate risk, liquidity risk) have been optimized.
• Possibility to use auxiliary setting dates and accuracy of calculations made are added when carrying out factor analysis indicators.
• Functionality to find information in a database file organizations (search for all / any condition) is updated.
• Functionality to export data in internal format is extend: we added categories export of organizations and modified attributes of export organizations.
• Service functions  are fine-tuned and optimized (methodical mechanism to update the database, the functional removal of information from the dossier).

"RISKFIN" company participated, as a speaker, at of the largest banking conferences, the International Interbank Conference MICA (http://www.riskfin.ru/en/news_EN/55/180). Also, our company is actively conducting its own training activities. Employees of financial institutions were able to visit three copyright seminar.

We thank all those who have become our partners for their trust and the possibility of co-creation.