Annik Employee: Sign in to Annik ERP
Choose Your Language
(Powered by Google Translate)
Risk Management Solutions
Skip Navigation LinksHome » Risk Management Solutions for BFSI » Risk Management Solutions for BFSI Home

Gain a 360 degree view of all your risk—all the time, every time.

Annik has the people and the products to help you get a full view of risk across your entire BFSI organization. The result? Better, more informed and more profitable decisions. For Chief Risk Officers (CROs), Annik helps embed risk management in day-to-day operations by providing an integrated, concise view of risk wherever it may appear. Annik’s Banking and Financial Services (BFSI) specific Credit Risk, Market Risk and Operational Risk Management products help give unified views of risk across various bankbooks efficiently and cost effectively.

Credit Management System

Annik’s Credit Management System (CMS) is an end-to-end solution that offers a single view of a customer’s credit risk across the different books and business units of the bank. CMS is modular, giving banks the flexibility to plug in needed elements without having to implement the entire system. CMS is geared manage credit risk by focusing on:

  • Credit origination
  • Credit approval and documentation
  • Credit risk analytics, including capital computation (Basel II) and reporting

Operational Risk Management System

Operational Risk Management (ORMS) is an-end to-end system for BFSI that maps all the processes of the bank, including activities and tasks of divisions, departments and desks. The system’s process monitor looks at tasks in the background, giving notification whenever a task is breached. ORMS consists of independent modules that can easily be integrated. These modules include:

  • Process and operational risk libraries (KRI and KORCs)
  • Incidence reporting
  • Risk and control self-assessment
  • Other risk assessment processes
  • Process mapper
  • Operational risk analytics, including capital computation (Basel II) and reporting

Murex Experts

Annik is a Murex center of excellence with certified Murex consultants trained in end-to-end implementation of the Murex platform used in BFSI. They include:

  • End-to-end project implementation with project managers, Murex configurators, business analysts and system testing
  • Post-implementation support with configuration changes, non-regression testing and report configuration
  • Technical support
  • End user training