aCCelerate Brochure

21
1 aCCelerate Operational Risk Solution Chase Cooper Ltd Royal London House 22-25 Finsbury Square London EC2A 1DX Tel: +44 20 3215 1022 www.chasecooper.com

description

 

Transcript of aCCelerate Brochure

Page 1: aCCelerate Brochure

1

aCCelerate Operational Risk Solution

Chase Cooper LtdRoyal London House22-25 Finsbury SquareLondon EC2A 1DXTel: +44 20 3215 1022

www.chasecooper.com

Page 2: aCCelerate Brochure

2

• A fully integrated solution:

Operational Risk are addressed from the qualitative (Framework and Policy) to the quantitative (Modelling)

• Purpose built:

Designed with a singular focus on operational risk; not adapted from existing software developed for another application

• Highly Configurable:

ORM requirements are addressed through front-end configuration, not customisation / back-end code changes

• Rapid Deployment :

Implementation typically counted in days, not months/years

• Highly Scalable:

Our licensing model allows clients to purchase any number of licenses; no minimum number required

aCCelerate Operational Risk Management system

Page 4: aCCelerate Brochure

44

Client Distribution – Geographic Reach

Page 5: aCCelerate Brochure

5

Company Recognition

In 2010 Operational Risk & Regulation Magazine ranks Chase Cooper for the second year running

In top 5 ORM international software vendors 1st in the RCSA category Previously, 1st in 4 major consulting categories: Operational Risk consulting, ORM software selection and implementation, Enterprise wide compliance and risk management strategy, Basel II Consulting

Risk Magazine highly ranks Chase Cooper among top 4 operational risk management vendors, plus

1st overall in Loss Database2nd overall in RCSA & KRI2nd overall in Capital Calculation

From an initial pool of 39 vendors (15 selected), Chase Cooper was well placed in Gartner’s first Magic Quadrant for operational risk in June 2008. position maintained in 2009 Magic Quadrant

Recognition from leading industry analysts and experts

Page 6: aCCelerate Brochure

6

aCCelerate Suite

Page 7: aCCelerate Brochure

7

Process, Business Unit, Legal Entity, Location

Indicators

Modelling & Scenario Analysis (ECO / CFM)

Reporting

Action plans

Identify risk and control indicators

Specify risk appetite

Events

Action plans

Identify and capture internal and external losses

Analyse loss causes

Risk Control Assessment

Action plans

Identify risk and owner Assess severity and probability

Identify control and owner Assess design and performanceA

nalyser

Chase Cooper Enterprise-Wide Risk Management Framework

Page 8: aCCelerate Brochure

8

aCCelerate Analyser – Business Structures

Australia US

Group

UK

ClaimsTreasury

…Middle OfficeFront Office

Underwriting

Dept 2Dept 1

Process 1

Process 2

Example Entity Hierarchy

Processes LocationsDepartments Legal Entity Business Line

Page 9: aCCelerate Brochure

9

aCCelerate Analyser

Page 10: aCCelerate Brochure

10

Entities

Page 11: aCCelerate Brochure

11

Risk Appetite Matrices (RAMs)

Page 12: aCCelerate Brochure

12

Risk Window

Page 13: aCCelerate Brochure

1313

Risk Query Tool

Page 14: aCCelerate Brochure

1414

Risk Query Tool Heat Map

Page 15: aCCelerate Brochure

15

Risk Events Web Capture

Page 16: aCCelerate Brochure

16

Case Studies

Page 17: aCCelerate Brochure

17

GE Money

• Financial Services division of General Electric• Chose aCCelerate from rigorous selection process of available

systems worldwide• Global deployment to all GE Money entities, 35 countries, >1,000

users• From contracts signed to live in 6 months• Single integrated installation from London, accessed via internet

with appropriate user permissions• SaaS licensing model• Successful implementation

Page 18: aCCelerate Brochure

18

Threadneedle Investments

• Chose aCCelerate from rigorous selection process of available systems worldwide

• Utilised Chase Cooper consultancy to create Risk Framework

• Won award for ‘Best Asset Management Op Risk Framework’ in 2006

• Implemented across the business

• Using modelling to analyse strategic risks and control optimisation, and to calculate regulatory capital

• Using system to pioneer loss causal analysis and loss reduction programme through process improvement

• Successful implementation

Page 19: aCCelerate Brochure

19

Millennium BCP

• Chose aCCelerate from rigorous selection process of available systems worldwide

• Differing views of risk throughout group

• aCCelerate was only system on the market that enabled differing risk methodologies

• Implementation initially in 3 countries

• Planned-roll out to 12 countries in total

• Successful implementation

Page 20: aCCelerate Brochure

20

• Phase 1: INSTALLATION

– Phase 1 is the physical installation of the software on the designated hardware.

• Phase 2: CONFIGURATION

– Phase 2 involves the configuration of aCCelerate to mirror your organisational structure, processes, policies, preferences etc.

• Phase 3: DATA UPLOAD

– Phase 3 involves the upload of existing risk data (risks, loss events, KRIs, users etc) into the aCCelerate solution.

• Phase 4: TRAINING

– Phase 4 is ‘Train-the-Trainer’ to a core group of risk management professionals, who will in turn deliver training to the broader user community.

Implementation

Page 21: aCCelerate Brochure

21

• We provide an end-to-end solution that covers Operational Risk from Framework and Policy to Modelling

• Our operational risk software has been purpose built – not adapted from existing software developed for another application

• Your requirements are addressed through configuration, not customisation, resulting in rapid deployment

• Implementation typically counted in days, not months

• Our world-class software solutions are business-led to deliver tangible monetary benefits to our clients, beyond regulatory compliance

Summary