Risk Management Solutions
Novel Technologies Provides a Software Solution for Operational Risk which is a true end-to-end solution to meet the requirements of Basel II, the control requirements of Sarbanes-Oxley and the enterprise risk management requirements of corporate governance.
Many Operational Risk Management systems do not get beyond the stage of qualitative analysis and tend to be no more than scorecards or self-assessment tools. Others add a simple level of workflow but do not satisfy the complex requirements of business mapping.
With aCCelerate, we have designed and developed a system that spans the spectrum of regulatory requirements and provides functionality, flexibility and robustness to tackle the needs of every size of firm that requires an Operational Risk Management solution.
aCCelerate comprises three integrated functions:
1. Analyser — the core, incorporating assessment, analysis, event management and reporting
2. Real Time Capital Analytics — Provides models for capital calculation
3. Real Time Risk Analytics — Manages and monitors controls
Novel Technologies Partners with Chase Cooper of United Kingdom to deliver this crucial turnkey solution