NEGIN Comprehensive Risk Management Analyzer System

Financial crisis in banks, financial institutes and credit unions is one of the main factors of instability in economic development of countries. After the development in international financial institutions all around the world, they have faced with losses due to inconsistency. Therefore, Supervision Committee in banking (Basel Committee) asked banks to follow risk management rules in their risk management directions regarding international settlements.

Risk management is a process in which managers try to detect, measure, decide and supervise on various enterprise risks. However, risk has more important role in financial enterprises. This concept is so important that in many cases legislators interfere directly and logically to control such institutes. One of the evident cases is the Central Bank interference in determining minimum level of legal bank deposit of banks.

The importance risk management in banking is to the extent that risk management is considered as the main responsibility of banking systems in modern society. Risk and pay-off are called two main arms of banking system and a successful risk management can guarantee desirable pay-off and activities in banks.

Ever-increasing communication between banks and financial institutes regarding international issues and financial interchanges among the financial institutes has made attention to risk management necessary. Currently, having an efficient and comprehensive risk management system is one of the main obligations in financial interchanges and particularly in loans and financing through international banks.

Negin Comprehensive Risk Management Analyzer System is designed to meet banks’ needs in analyzing different risks and be able to be personalized. Designing such a system is in accordance with service-based architecture and based on the latest technologies in software design and development to guarantee optimum, long-term and reliable performance in banking systems.

The application of Negin Comprehensive Risk Management Analyzer System makes managing banking risks possible. This system is made of the following software programs:

• Liquidity Risk Management Software
• Profit Rate Risk Management Software
• Credit Risk Management Software
• Operational Risk Management Software