May 16, 2016 - «RISKFIN» adopted as an intangible assets software computer program module «FACTOR assessment of capital adequacy».
The program was developed based on the Central Bank of Russia requirements (Dated April 15, 2015 N 3624-U) «About the requirements for risk and capital management system of credit institutions and banking groups». Those requirements establish that each credit institution (the parent credit institution of the banking group) should create a system of risk and capital management through the implementation of the internal capital adequacy assessment processes (ICAAP).
The software module «FACTOR assessment of capital adequacy», automates methods and processes for managing capital, including the assignment of planned level of capital adequacy (the target), assessment of capital needs, evaluates the adequacy and allocation of available capital by type of significant risk and areas of activity of the credit institution.
«FACTOR assessment of capital adequacy» program is planned to be integrated in to the software package «RISKFIN. FAUR» as an additional module of the complex with the name «VPODK. Assessment of capital adequacy», abbreviated «VPODK. ACA».
Collaborative software system «RISKFIN. FAUR» with module «VPODK. ACA» which uses data calculation results obtained from the software package will be demonstrated at the training and consultation seminar on May 27, 2016.