Features

Comprehensive functionality for managing operational risks

Operational risks may have far-reaching consequences so that their management is an absolute must in economic terms and also a regulatory requirement under Basel II. The zeb/operational.risk-manager offers an integrated, transparent approach to operational risk management and thereby permits the optimisation of returns. In zeb/ you have an experienced partner with a great variety of project references for the functional design of economic and regulatory OpRisk management and its IT implementation.

Generate direct benefits from risk management: The higher internal risk awareness brought about by the system's introduction can decrease the probability of risk events, and a more transparent planning of measures can reduce the damage caused by loss events, which has a direct effect on profitability. In addition, you indirectly benefit from a substantial increase in process quality and the mitigation of serial risks. Finally, this allows you to raise the reputation and value of your enterprise.

With regard to the cost-benefit ratio and efficiency, the software to be introduced has to be easy to use, customisable to your specific requirements and oriented to management needs. The zeb/operational.risk-manager ensures an easy launch and gradual enhancement of operational risk management. In detail, the zeb/operational.risk-manager supports you with the following functionalities and features:

Risk assessment

Operational risks are systematically covered and their probability of occurrence and the resulting losses can be assessed in quantitative as well as qualitative terms.

Risk indicators

By developing bank-specific risk indicators, an early warning system can be set up that allows you to detect negative developments at an early stage by defining tolerance thresholds. Furthermore, an integrated risk management approach is applied that includes the transparent representation of safeguards and covers provided against risks, of the responses to them as well as the potential damage and serial risks related to them.

Planning and management of measures

You can easily record measures taken to prevent risks or reduce losses as well as responses to incidents designed to minimise losses. In scenario analyses, the measures planned can be assessed on the basis of cost-benefit criteria.

Loss incident database

In a systematic database on loss incidents and serial risks, losses are grouped by their causes to provide you with a clear overview: either in line with the Basel-II-compliant classification included in the software or in line with bank-specific categories.

Risk analysis

Management-oriented analyses help you to get a comprehensive risk overview quickly. You can easily generate standard and ad-hoc reports in line with the needs of specific target groups. Risks, losses and measures are displayed in a risk map and the status of the individual loss categories is illustrated by traffic-light symbols. Additionally, you can conveniently create a dynamically populated, non-modifiable risk manual satisfying legal documentation requirements.

User administration

You can enter the organisation relevant for risk management and combine it with various user roles in a user-friendly way. Thereby, you ensure clear responsibilities for risk management and allow for pragmatic user rights management and personalised utilisation of the software.

Do you need further information or are you interested in using the zeb/operational.risk-manager in your bank? We would be pleased to arrange a meeting at your office to present all the functionalities of the zeb/operational.risk-manager and discuss its application in your bank.