The future developments and extensions include:
Integration of additional modules, e.g.:
- Stressed VaR and incremental risk charge;
- Liquidity ratios (LCR, NSFR);
- CreditMetrics model based on spread curves or indices;
- Hedge accounting and balance accounting according to IFRS 9 (IAS 39, 32).
Extensions of existing modules:
- Implementation of further standard compliance check procedures in the investment area - according to the investment laws of various countries - and usage of compliance check modules;
- Extension of the compliance check to cover alerts in real time modus;
- Interconnection between Risk Engine and Risk Framework;
- Extensions that cover multi-entity features.
Development of new applications in various industries, other than Finance, such as Energy, Transportation, Construction, Real Estate, Commerce, etc.