RiskLine-M

RiskLine-M is an innovative system developed specifically for banks, insurance companies, financial service providers and entrepreneurial departments in quality management. It provides an automated check of transactions for market conformity and supports companies in minimizing risks and making decisions based on sound data. As a result, companies can improve the compliance and efficiency of their business processes. The system uses advanced algorithms and data analytics to monitor business activities in real time and identify potential risks. It enables fast and accurate assessment of business by analyzing comprehensive data sources and evaluating them against defined criteria.

A key advantage of RiskLine-M is its ability to process large volumes of data in a short period of time. This allows companies to react quickly to market changes and identify risks at an early stage. The system also offers a user-friendly interface that allows users to easily capture and analyze information. Overall, the software enables business activities to be built on a solid foundation. By automating the review of trades for market fit, they can minimize risks, ensure compliance, and make informed decisions.

The following review methods are supported by the system:

a) Checking deal price against alternative market price.
b) Checking transaction price against fair value calculated by the system
c) Checking transaction price against fair value calculated by a third-party system.

Transactions whose fair market value cannot be confirmed by the system are displayed to the user on an exception list. In this way, erroneous transaction prices and cases of fraud can be identified as quickly as possible and appropriate countermeasures can be initiated.

RiskLine-M can obtain the current prices required for the check via the RiskLine price supply and validation system (see separate product). The trades to be checked are transferred directly from trading systems (e.g. Kondor+) of the financial service provider to RiskLine-M. The advantages of the system are the largely automated, timely, audit-proof and voucherless verification of the transactions.

For financial service providers, the use of RiskLine-M, a system for automated checking of transactions for market conformity (market conformity check), is associated with the following advantages:

• Reduction in the amount of work required for the check
• Increased audit quality by focusing the user on transactions requiring action
• Increased transparency of the audit process
• Guaranteed audit security.