Value at Risk, scenario and trade impact analyses in real time

Optimise the likelihood of concluding investment proposals with compelling arguments.

Risk Clarification:	Display of the change of risks by an investment proposal
Validity:	Before – after comparisons foster transparency and are easy for the customer to understand
Real Time:	Calculations take place in real time and can also be used in the consultation.

Advisory Manager

Value at Risk calculations with various levels of confidence and time-scales. The calculation method is a variance-covariance method (parameterised delta-gamma method). The delta and gamma values of the instruments are generated by batch jobs. Scenario analyses and stress tests consider index, title, currency and interest risks. Index scenarios are reproduced via the beta factor of the instruments. Currency scenarios are reproduced via the exchange rates used. Interest scenarios are reproduced via the duration of the interest-bearing instruments. There is also the possibility of defining and reproducing complex scenarios such as, for instance, "2008 Financial Crisis".

Functions of the Advisory Engine	Description	download PDF Advisoy Engine
Value at Risk	The calculation method is a variance-covariance method (parameterised delta-gamma method).
Scenario Analyses & Stress Tests	Can predefine and repeatedly call up complex scenarios, such as "2008 Financial Crisis" Index, title, currency and interest scenarios are considered and collated one after the other.
Trade Impact Analyses	Is a particular trade advantageous? Trade Manager combines VaR calculation and scenario analysis and displays the results in the before/after comparison.
Computer Time	All calculations are performed in real time and are in seconds.