Banking Domain

Banking Industry Solutions

Large and internationally active banking corporations that comply with the mandatory BASEL norms-currently termed BASEL II-need to constantly improve their internal risk management systems. They do this by continuous monitoring and effectively exploiting the latest in information technology on an ongoing basis to excel in their performance. Several large financial institutions, including leading North American banks, choose Kumaran Systems as their strategic technology partner to design, develop, and support their critical applications.

Business Challenges That You Face

Many banks are planning to implement BASEL II, either voluntarily or due to mandatory regulations. You may be facing these challenges in case your institution still relies on traditional methods of running business:

• Real-time business environments are continuously evolving in a fast-growing global marketplace.
• Regulatory requirements are getting more stringent by the day.
• Volatility of earnings needs to be limited and shareholder value enhanced.
• Even though loss events are monitored, loss data is not always updated in a loss database.
• Business data is not consistently captured or entered into the database; neither is the data accessible across the organization.
• Most systems fail to identify deterioration in credit quality on time.
• Multiple asset classes and diversified industries prompt for development of independent risk rating methodologies.
• Maintenance of existing standalone legacy systems is expensive and consolidation of available data into useful information is time-consuming.

What We Offer You

Kumaran Systems delivers a powerful blend of multifarious IT solutions and credit risk management solutions for the banking industry vertical:

Technical Benefits

We assure you these technological benefits that allow you to surge ahead of competition:

• Quick delivery
• Assured cost savings
• Stringent Service Level Agreements (SLA)
• Domain knowledge repository
• Improved productivity
• On-demand resources
• 30-day warranty support

Business Benefits

As your strategic business partner, Kumaran delivers these assured business benefits:

• Improved performance management
• Strategic value creation by improved selection of clients
• Pricing of products according to risk profile
• Maximized returns though optimized allocation of economic capital
• Greater levels of compliance and protection against loss of reputation
• Elimination of unwanted exposures
• Accurate estimation of loan losses; loss reduction owing to study of correlations
• Better investment opportunities and scenario analyses that help with more accurate decision-making