Finance Industry
Claptek's finance solutions specialise in capital markets to achieve better data, risks and compliances management along with business excellence.
Financial institutions rather effectively expect risk to create a profit either for their own account or as trustees for third parties. Managing risk at financial institutions is very crucial.
Financial risk management is a capability inside organizations. It means identifying, managing and being open to different risks originating from the utilization of financial services. The intricacy here is far higher than for people because institutions should match different sorts of future revenue sources and payment obligations, for instance, raising funds or working capital requirements, paying wages and invoices, provisioning for future payment commitments like pensions, etc. In this manner, financial risk management includes an evaluation of different assets and liabilities in the present and future.
Read MoreContinuing expansions in the scale and intricacy of the financial industry and in the speed of their financial transactions demand that they utilize refined risk management procedures and monitor rapidly changing risk exposures. The advancements in information technology have cut down the cost of securing, managing and analyzing data and have empowered significant and ongoing advances in risk management.
By staying away from failure is the main reason for managing risk, global financial institutions have the broader goal of maximizing their risk-adjusted pace of return on capital. This implies staying away from extreme risk exposures, but estimating and managing takes a chance with comparative returns furthermore, to capital. By focusing on risk-adjusted returns on capital, worldwide institutions avoid putting too much focus on activities and investments that have high expected returns, yet similarly high or higher risk. This has prompted better management decisions and a more proficient distribution of capital and other resources.
While the complexity and formality might change broadly among organizations, each firm should have clear strategies for surveying risk and evaluating performance over time. There must be sufficient accountability, clear lines of authority and separation of obligations between business capabilities and those implied in risk management and internal control. These elements and others are reliable essentials of risk management that don’t involve high technology or complex risk management techniques.
Ensures more productive use of the vast data available within the organisation to drastically improve governance and operational excellence.
Proactively monitors the changing regulatory landscape to increase the efficiency of your organisation and lowers the cost of compliance.
Provides audit management systems for better internal audits and compliance to satisfy regulators, statutory auditors and stakeholders.
Integrated solutions for the finance industry
Business Performance
Management
Incorporate sophisticated monitoring and process analysis functionality that allows your organisation to optimise processes rapidly.
Integrated Risk
Management (IRM)
A comprehensive solution especially intended to help your organisation manage new risks stemming from digital transformation activities.
Data Migration Audit
(DMA)
An end-to-end audit solution that helps organisations make decisions about the value of data migrations along with budget & schedules.
Pure play risk management solutions for the finance industry
Management
It helps to evaluate the efficiency of the organization’s internal controls, accounting processes and governance. Assist in maintaining accurate and timely financial reporting and attaining operational efficiency.
Operational Risk Management
Proper operational risk management helps to identify the loss due to errors, interruptions or damage caused by people, systems or processes. In such a situation, an organization can lose capital and trust from customers and damage it’s reputation.
Management
IT consists of the policies, procedures and technologies to mitigate threats and reduce vulnerabilities that impact negatively the organization’s integrity. It helps guide future decision-making about how to control risk while focusing on company goals.
Corporate Compliance Management
It helps to reduce the organization’s compliance risk and the potential losses if the company follows the laws and regulations. Identification of high-priority compliance functions and corrective activities required for making significant cost analysis.
Business Continuity Management
To provide the organization with the capacity to successfully respond to dangers, data breaches and safeguard the financial interests of the association. Focus on basic capabilities, track down key conditions and create plans to safeguard essential resources.
Management
It helps to evaluate vendors for establishing the potential risks that an organization faces in transferring valuable data. It will help to verify your organization has the appropriate controls in place to mitigate risks effectively.
Leaders using our solutions in the finance industry
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Compliance-oriented solutions for mid-sized businesses
Integrated risk management solutions for enterprises
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