Losses, incidents or event cases are the basis for the calculation of the loss distribution of a bank or insurance firm. Quantification Module supports the Basel Committee „Advanced Measurement Approach“ and is versatile to support ERM measures of risk.

Functionality provides for estimation of adequate distribution functions and risk measures (e.g. VaR) for the regulatory combinations of business lines and event types or for areas set up internally. Also supported is the definition of a standardized procedure for the extension of the internal database by external loss data. For sparse or lack of data, expert estimation of a suitable loss distribution (Quantitative Self Assessment) is available.

Results from the supervision of Key Risk, Control, Performance Indicators or the Assessments can also be used as conditioning information.

Features