BLACKICE ERA and PureData System for Analytics Address new and evolving regulations and best practices Highlights Utilize 120+ best practices reports in Cognos and Excel; prepackaged and complete with documented business rules Leverage the power of massive parallelprocessing databases Utilize enterprise- wide capital calculation and stress- testing engines Gain a holistic, unsiloed view of all your risk data The primary challenge faced by most financial institutions is the inability to aggregate, link, consolidate and subsequently report all risk exposures across their institution. Reporting must be performed across business lines and portfolios, ensuring accuracy, auditability, traceability, integrity, comprehensiveness and completeness of data in a timely manner. The Enterprise Risk Aggregation solution (ERA) is the new generation in enterprise risk data solutions that leverages the IBM PureData System for Analytics and IBM Cognos reporting to provide accurate and complete management and regulatory reporting from a single source to meet 2016 Basel Committee on Banking Supervision (BCBS) Risk Data Aggregation and Risk Reporting requirements. Managing reporting capabilities The primary challenge faced by most financial institutions is the inability to aggregate, link, consolidate and subsequently report all risk exposures across the institution. Reporting must be performed across all business lines and portfolios, ensuring accuracy, traceability, integrity, comprehensiveness and completeness of data in a timely manner. Typically, most financial institutions use different data sources for different reporting requirements: regulatory reports are generated from a reporting application, while management reports may be derived from operational systems or specific risk data marts. Few financial institutions have a single, common data source for risk aggregation, analytics and reporting for all stakeholders. Furthermore, with data stored in siloed risk applications, institutions are unable to navigate from a regulatory report to a management report in their attempt to comply with the BCBS data aggregation principles.
Gaps typically faced by financial institutions in their attempt to comply with the BCBS data aggregation principles include governance, accuracy and integrity, completeness, timeliness, adaptability as well as data architecture and data infrastructure. ERA directly addresses these gaps and enables your institution to fully comply with these new and evolving regulations and best practices. Why ERA and PureData System for Analytics? Unlike other risk solutions, ERA reports are generated from detailed data in a single enterprise- wide data warehouse, providing the capability for the institution to drill up, down, and sideways with simply a click. ERA comes ready- to- run with over 120 best practice reports in Cognos and Excel all prepackaged and complete with documented business rules. ERA also comes with extensive best practice analytics built in stored procedures. The comprehensive data models are open platform and support in- database analytics. These features significantly reduce implementation time and cost. No other vendor risk solution provides plug- and- play enterprise- wide risk reports for all stakeholders. All reports and analytics are completely customizable. IBM PureData System for Analytics takes the success of the ERA platform and technology one step further. THE IBM PureData System for Analytics was designed not only for performance, but also for data center efficiency. Why? Because today s world depends on more advanced analytics to gain a competitive edge. This increase in demand should come in a simple, agile, powerful system that is also highly efficient. Open, centralized data with enterprise analytics and reporting ERA is an open data aggregation and analytics solution that uses the power of massive parallel- processing databases. The solution comes with enterprise- wide capital calculation and stress testing engines. IBM PureData System for Analytics coupled with BLACKICE ERA can help you address the time and cost involved in running ad- hoc stress testing and data quality engines. This gives you the ability to satisfy regulators with minimal effort and manage your institution better. An integrated solution ANALYTICS DATA MANAGEMENT Graphic representing analytics, reports and data management REPORTS 2
Analytics ERA provides analytics that are in- database, flexible and customizable. They include regulatory capital, economic capital, ad- hoc stress testing and VaR calculations. Reports The ERA library of enterprise- wide reports addresses the needs of all stakeholders, both management and regulatory. Included are over 120 best practices reports in Cognos and Excel, with all data coming from a single source. Data management The ERA industry- proven data models ensure that your institution meets the latest data aggregation principles from leading regulators, with regulator- approved policies and procedures that provide a robust and comprehensive data management framework. Open, centralized data with enterprise analytics and reporting ERA is an open data aggregation and analytics solution that uses the power of massive parallel- processing databases. The solution comes with enterprise- wide capital calculation and stress testing engines. IBM PureData System for Analytics coupled with BLACKICE ERA can help you address the time and cost involved in running ad- hoc stress testing and data quality engines. This gives you the ability to satisfy regulators with minimal effort and manage your institution better. Data first, analytics second (ESN) ENTERPRISE SINGLE NAME WHOLESALE CREDIT RISK RETAIL CREDIT RISK OPERATIONAL RISK MARKET/LIQUIDITY RISK Graphic of enterprise- wide data models ERA graphic ERA The foundation of ERA is four robust, enterprise- wide data models for wholesale credit risk, retail credit risk, and market and operational risk. These models help ensure that ERA provides a holistic, unsiloed view of all your risk data and supports a comprehensive suite of reports and analytics. Analytics are a commodity and a function of the underlying data. Incomplete siloed data results in flawed analytics. 3
Reports No other vendor solution offers a comprehensive report package like ERA. The 120+ reports cover the needs of all stakeholders, from regulators and management, to the board. Regulatory All major jurisdictions Other regulatory National Credit Risk Reports (NCR) Dodd Frank (FSO) Global Legal Entity Reports Management Line of business Asset class/ subasset class By risk type By function Board Economic and regulatory capital Enterprise Single Name (ESN) Stress testing Risk dashboard Risk data aggregation By risk type By stakeholder type Integrated market and credit risk Operational risk Liquidity risk Analytics With all of your risk data centralized in comprehensive data models, the analytic possibilities are endless. RWA/regulatory All asset classes All BCBS approaches Open source Fully customizable Economic capital Single factor models Multi factor models RAROC and RAPM Risk-adjusted pricing Stress testing Sensivity-based Scenario-based Ad-hoc/what-if scenario Reverse stress testing Enterprise VaR By risk type By exposure type Integrated market and credit risk Operational risk 4
About IBM PureData System for Analytics The IBM PureData System for Analytics, powered by Netezza technology, integrates database, server and storage into a single, easy- to- manage appliance that requires minimal setup and ongoing administration while producing faster and more consistent analytic performance. The IBM PureData System for Analytics simplifies business analytics dramatically by consolidating all analytic activity in the appliance, right where the data resides, for industry- leading performance. Visit: ibm.com/ PureData to see how our family of expert integrated systems eliminates complexity at every step and helps you drive true business value for your organization. About BLACKICE Black Ice Partners (Black Ice) is a GLOBAL RISK MANAGEMENT consulting and technology firm with over 20 years experience in the financial service industry. The Black Ice network encompasses the Who s Who of international banking including former senior Bank Professionals, Risk Management Experts, and finance Professors Clients include major banks in Canada, Malaysia, Korea, Singapore the US, Taiwan, Hong Kong, Vietnam and China. Since the international Banking crisis of 2008, Banking Sector REFORM is PARAMOUNT. The BLACK ICE SOLUTION (ERA) meets all REGULATORS REQUIREMENTS and IN ADDITION MANAGEMENT AND BOARD REQUIREMENTS. ERA (Enterprise Risk Aggregation) is the Only seamless solution platform currently available to Institutions that allows Both Regulators and Bank Management to aggregate BIG DATA from all siloed Data bases. It performs ENTERPRISE- WIDE CAPITAL CALCULATIONS and produces IMMEDIATE AND DETAILED REPORTS with a SINGLE STROKE of a key, ERA allows stakeholders to go from a REGULATORY REPORT to a MANAGEMENT REPORT unlike the current status quo of producing these different reports manually. The BLACK ICE brand is well established and recognized for superiority in BOARD- level consulting - further opening the door for sales of the ERA solution. Why IBM? IBM PureSystems offerings, including PureData System for Analytics, are optimized for performance and virtualized for efficiency. These IBM offerings have a no- compromise design with system- level upgradeability. They are also built for cloud computing with flexibility and simplicity. The first members of the PureSystems family are the IBM PureFlex System and the IBM PureApplication System. 5
For more information To learn more about the [IBM PureData System for Analytics], please contact your IBM representative or IBM Business Partner, or visit the following website: ibm.com/puredata Additionally, IBM Global Financing can help you acquire the software capabilities that your business needs in the most cost- effective and strategic way possible. We ll partner with credit- qualified clients to customize a financing solution to suit your business and development goals, enable effective cash management, and improve your total cost of ownership. Fund your critical IT investment and propel your business forward with IBM Global Financing. For more information, visit: ibm.com/financing Copyright IBM Corporation 2014 IBM Corporation Software Group Route 100 Somers, NY 10589 Produced in the United States of America February 2014 IBM, the IBM logo, ibm.com, Cognos, PureData, PureSystems, PureFlex, and PureApplications are trademarks of International Business Machines Corp., registered in many jurisdictions worldwide. Other product and service names might be trademarks of IBM or other companies. A current list of IBM trademarks is available on the web at Copyright and trademark information at ibm.com/legal/copytrade.shtml This document is current as of the initial date of publication and may be changed by IBM at any time. Not all offerings are available in every country in which IBM operates. The performance data discussed herein is presented as derived under specific operating conditions. Actual results may vary. It is the user s responsibility to evaluate and verify the operation of any other products or programs with IBM products and programs. THE INFORMATION IN THIS DOCUMENT IS PROVIDED AS IS WITHOUT ANY WARRANTY, EXPRESS OR IMPLIED, INCLUDING WITHOUT ANY WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND ANY WARRANTY OR CONDITION OF NON- INFRINGEMENT. IBM products are warranted according to the terms and conditions of the agreements under which they are provided. The client is responsible for ensuring compliance with laws and regulations applicable to it. IBM does not provide legal advice or represent or warrant that its services or products will ensure that the client is in compliance with any law or regulation. Statements regarding IBM s future direction and intent are subject to change or withdrawal without notice, and represent goals and objectives only. Please Recycle WAS12375-USEN-01