Delivers counterparty risk assessment, credit exposure tracking, netting and collateral management, with strong analytics and compliance tools for corporate treasury and risk management.
More about Openlink Financial (ION Group)
Systems that evaluate and monitor credit risk of financial counterparties, setting and tracking exposure limits and providing early warning indicators.
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ERP Integration Ability to connect with enterprise resource planning systems for enrichment with transactional and master data. |
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Bank Connectivity Direct integration with multiple banking platforms to fetch real-time account and transaction data. |
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Market Data Feeds Automated import of live or historical market data (credit spreads, ratings, CDS, etc.) from external providers. |
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File Import Capability Import of data from CSV, Excel, XML, or other formats for manual updates or data migration. |
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APIs for Custom Data Sources REST or SOAP API endpoints to connect to proprietary or bespoke data sources. |
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Automated Data Refresh Rate Frequency with which external and internal sources update within the system. |
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Data Mapping and Transformation Tools Ability to reconcile and standardize data from diverse formats and structures. |
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Credit Exposure Calculation Calculates current and potential future exposures for individual and aggregated counterparties. |
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Probability of Default (PD) Incorporation or calculation of PD based on internal or third-party methodologies. |
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Loss Given Default (LGD) Determination of expected loss if a counterparty defaults. |
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Expected Exposure (EE) Modeling Computation of expected exposure profiles over different time horizons. |
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Wrong-Way Risk Analysis Identification of risk scenarios where exposure increases as counterparty credit quality deteriorates. |
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Concentration Risk Measurement Assessment of risk exposure based on industry, geography, or other dimensions. |
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Stress Testing and Scenario Analysis Ability to simulate the impact of adverse events or macroeconomic shocks on counterparty risk metrics. |
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Custom Risk Modeling Configuration or development of bespoke risk factor models. |
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Monte Carlo Simulation Support Utilization of Monte Carlo simulations for assessing potential exposures. |
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Time to Compute Exposure Metrics Average system time to recalculate exposure metrics after new data ingestion. |
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Dashboard for Risk Overview Real-time visual dashboards summarizing exposure, risk concentrations, and breaches. |
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Customizable Alert Rules User-defined thresholds for financial, market, or credit events triggering alerts. |
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Automated Email/SMS Notifications Immediate notification to stakeholders on risk limit breaches or significant events. |
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Intraday Risk Updates Frequency at which the risk status is refreshed and checked for exceptions. |
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Severity-based Escalation Workflow Escalation paths for critical alerts based on event severity. |
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Historical Alert Log Maintains a time-stamped archive of all generated alerts and events. |
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Mobile App Access Availability of monitoring and alert features via a secure mobile app. |
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Limit Assignment and Approval Workflow Configurable process for setting, reviewing, and approving credit limits by hierarchy. |
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Real-Time Limit Utilization Tracking Immediate monitoring of available, used, and breached limits. |
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Automatic Limit Recalculation Adjustment capabilities based on changing exposures or market conditions. |
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Limit Breach Controls Blocking or warning mechanisms for new transactions breaching set limits. |
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Multi-Currency Limit Support Ability to handle and aggregate limits in different currencies. |
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Limit Usage Reporting Frequency The system's interval for updating and reporting on limit usage. |
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Historical Limit Utilization Record Archival of credit limit changes and utilizations for audit purposes. |
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Bulk Limit Update Capability Ability to update limits for multiple counterparties by batch processes. |
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Digital Onboarding Workflow Guided input and approval steps for adding new counterparties. |
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Automated KYC/AML Screening Screening processes for regulatory compliance checks during onboarding and review. |
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Document Management Secure collection and storage of counterparty documentation (contracts, risk assessments, financials, etc.). |
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Periodic Review Scheduling Automated reminders and workflows for scheduled risk assessment reviews. |
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Custom Data Fields Ability to add unique data attributes specific to corporate policy needs. |
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Bulk Data Maintenance Ability to update, merge, and clean large counterparty databases efficiently. |
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Audit Trail for Counterparty Changes Comprehensive logs of all updates, reviews, and approvals for each counterparty. |
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Pre-built Risk Reports Library of standard regulatory, credit, and management reports. |
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Custom Report Builder Flexible tools that allow users to select fields, metrics, and filters for custom output. |
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Interactive Visualization Tools Dashboards, heatmaps, and graphical analytics of exposure and risk. |
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Scheduled Report Distribution Automated delivery of reports to designated recipients at set intervals. |
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Export to File Formats Support for exporting reports to Excel, PDF, CSV, and other formats. |
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Ad Hoc Query Response Time Average time to process user-defined report queries. |
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Drill-down Capabilities Ability to view detailed transactional or entity-level data from summary reports. |
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Role-Based Access Controls (RBAC) Assignment of permissions based on job roles, ensuring users only access required data and functions. |
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Single Sign-On (SSO) Integration with enterprise identity management for seamless authentication. |
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Granular Permission Settings Ability to segregate duties (view, edit, approve, etc.) at a field, report, or transaction level. |
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User Activity Logging Detailed tracking of user actions within the system for audit and security. |
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Concurrent User Sessions Supported Number of simultaneous logged-in users supported by the system. |
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Two-Factor Authentication (2FA) Security measure requiring a secondary validation method for access. |
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Regulatory Reporting Templates Provision of regulatory-compliant templates (e.g., EMIR, Dodd-Frank). |
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Audit Trail Capabilities Extensive, immutable logs to support regulatory and internal audits. |
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Policy Enforcement Engine Configurable enforcement of internal risk and compliance rules. |
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Documented Validation Processes In-system workflows and logs for required risk assessment validation. |
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Regulatory Change Notification Alerts and updates on relevant regulatory changes impacting counterparty risk. |
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Retention Period Configuration Ability to set and manage data retention per jurisdictional requirements. |
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System Uptime SLA Guaranteed percentage uptime as per service level agreement. |
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Maximum Supported Counterparties System's capacity for managing distinct counterparty entities. |
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Peak Transaction Throughput Maximum rate at which transactions can be processed. |
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Data Storage Scalability Ability to scale data storage seamlessly as volume grows. |
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Disaster Recovery RTO Recovery Time Objective in the event of system downtime. |
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Latency of Core Operations Typical end-to-end time for risk calculations or limit checks. |
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Implementation Time Average rollout duration from contract to live operation. |
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Dedicated Customer Support Access to specialized support teams for issue resolution and inquiries. |
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Online Help Resources Documentation, FAQs, and how-to guides accessible digitally. |
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Training Programs Provision of onboarding and advanced skills courses for users. |
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Software Upgrade Frequency Typical frequency for minor and major product enhancements. |
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Customization Services Availability of vendor-driven customization to meet bespoke needs. |
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Community and User Forums Channels for user-to-user knowledge sharing and best practices. |
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