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| Business Requirements Specification |
| RiskTech consultants bring to the table deep understanding of strategic and tactical challenges confronted by financial institutions in risk management functions and processes. Our consulting methodologies enable clients to perform a quick analysis of existing state, understand their target state and create a roadmap for implementation. |
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| Risk Technology Selection |
| RiskTech has a wide range of experience in implementing risk management solutions from multiple software vendors. Our vendor selection methodology enables clients to score software vendors and arrive at an objective decision during the selection process. With a holistic view of the risk domain, independent of the solutions available in the market, we help clients choose the right solutions meeting their current as well as future business needs. |
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| Risk Technology Implementation |
RiskTech leverages domain, functional and technical consultants to provide end-to-end implementation of risk management systems for credit, market or operational risk. Our consultants have the right blend of business and technology expertise. RiskTech has partnered with leading risk management software vendors and has a dedicated lab for training consultants on these solutions.
RiskTech has well defined phases and processes for implementing risk technology. RiskTech Centre of Excellence (COE) comprises of a dedicated team of functional and technical experts. The COE helps us to offer our customers best practices in the industry, various solution accelerators built to compress each phase in time without compromising quality. Our Solution Accelerators include pre-built libraries of risks, controls & causes for operational risk management, pre-built report packs for credit and operational risk management, pre-built data quality rules, stress testing etc.
RiskTech is conscious of the fact that implementation of any analytical solution derives its strength from clean and consistent data. Our experiences at leading financial institutions indicate that advanced analytical capability is lost in the quagmire of inconsistent data. RiskTech solves this through the cohesion of domain experts and technology architects. Implementation methodologies and toolsets have been designed to trap and solve these problems.
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| Post-Implementation and Support |
The off-shoring/near-shoring capabilities of RiskTech can be leveraged to deliver innovative maintenance and support of risk management applications and processes. RiskTech demonstrates a combination of agility and process excellence in their support methodologies. Over years, we have also crystallized our solution expertise in the form of a knowledge portal.
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