Part of the Midis Group
Credit Risk

FINECUS is one of the leading Risk Management Software Companies providing insight to managers into the market, credit sectors. Our aim is to accurately quantify risks, to enable managers to optimize the use of their capitals, perform risk-return analysis while meeting regulatory requirements.

FINECUS Credit Risk (fCR) enables risk managers to quantify credit risk of their portfolio and to provide powerful reporting tools. fCR is an advanced software covering the most advanced VaR methodologies and the latest developments of the finance literature.

Key Advantages of fCR include ;

- Integrated Risk Management with FINECUS Market Risk (fMR)
- Provides Risk Capital according to Advanced Internal Models as well as the Regulatory Capital Requirements
- Full-Valuation of the Portfolio at all simulations of Monte-Carlo
- Single Instrument drill down of VaR for each method and for each credit
- Advanced Yield Curve and Volatility Methods

Features of the Software


Portfolio Monitoring Tools

Monitoring portfolio is one of the most crucial features of the credit risk module. These features increases the risk managers reporting opportunities dramatically. Customized reports are prepared for each customer. It is possible to find out credit amount, riskiness and other chararecteristics at any specific drill-down such as credit product, branch, currency, location, collateral and so on.

Yield Curve Module

Yield curve calculation and yield curve modeling is the core of our market risk solution. We currently support for some interpolation methods (linear and cubic) and some well known yield curve models such as Nelson-Siegel , McCulloch and Echols-Elliot.

Basel II Compliance Module

FINECUS Credit Risk module provides all calculations required by Basel II. Basel II Compliance Module delivers calculation of the Standard Method, Foundation IRB, and Advanced IRB. Credit Risk Mitigation techniques are also covered by the module.

Credit at Risk Module

FINECUS Credit Risk module delivers two different advanced internal approaches -simulation based and actuarial models- for modelling loss distribution of the loan portfolio. Other deliverables of the module are; Expected Shortfall, RAROC, Risk Adjusted Pricing, and customer drill down of the Credit at Risk.

Scenario Analysis Module

Our Credit Risk solution aims to provide a quite flexible scenario creation and testing platform for the user. Users can test the consequences of various scenarious such as growth in a specific credit product, earthquake, a recession period and so on.

Project Phases

Database Design & Creation

The most important part of a financial application its database. Since each institution has its unique dataset, our credit risk solution is tailorized at the database level.

Customization & Installation

We believe that no solution fits to all the customers. Due to credit risk models' data needs, Finecus Credit Risk module is customized for each institution. Although the financial logic remains the same, some modifications have to be needed.

Financial Training

Our financial trainings are aimed to provide transparency and to clear all the black-boxes.

User Training

The credit risk module is user-friendly. Users are trained for the most critical part which is interpretation of the results and cause-effect relations. With the trainings users are able to create and interpret scenarios with more ease.

Delivery & Further Maintenance

Maintenance after delivery is at least as important as module itself. Any new financial instrument and technique is added instantly to the software.

Programming and Technical Properties

Programming Language

FINECUS Credit Risk module uses Java language. The most important feature of Java is, being a object oriented language. Object orientation paradigm makes developing applications easier and enables faster customizations and updates.

Application Features

Our credit risk solution is a thin-client application which means that we require no software or hardware for user's computer. All procedures and calculations are handled by the server. User accesses to the tool via intranet using a browser such as Internet Explorer.

MS Excel Entegration

All data tables in the software are fully integrated with MS Excel. Data and reports can be exported to CSV, XML and to PDF files.