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Functional Overview

The high-level functional requirements for the new Risk System are as follows.

Functional overview

  1. Import trade data from the Trade Data System.
  2. Import counterparty data from the Reference Data System.
  3. Join the two sets of data together, enriching the trade data with information about the counterparty.
  4. For each counterparty, calculate the risk that the bank is exposed to.
  5. Generate a report that can be imported into Microsoft Excel containing the risk figures for all counterparties known by the bank.
  6. Distribute the report to the business users before the start of the next trading day (9am) in Singapore.
  7. Provide a way for a subset of the business users to configure and maintain the external parameters used by the risk calculations.