Automate banking operational risk management — Basel III SMA capital calculation, enterprise-wide RCSA coordination, loss event taxonomy, and KRI monitoring in one platform.
Banks face complex operational risk requirements — from Basel III SMA capital calculation to enterprise-wide risk and control self-assessments.
Banks face significant challenges in computing Standardised Measurement Approach (SMA) capital charges — requiring accurate Business Indicator calculations, historical loss data integration, and Internal Loss Multiplier calibration across diverse banking operations.
Maintaining a complete and consistent loss event database across all Basel event types — internal fraud, external fraud, employment practices, clients/products, business disruption, execution/delivery, and damage to physical assets — is complex and resource-intensive.
Coordinating Risk and Control Self-Assessments across hundreds of branches, business units, and operational functions requires standardised methodologies, consistent scoring, and centralised aggregation for meaningful risk insights.
Defining, calibrating, and monitoring Key Risk Indicators across retail banking, corporate banking, treasury, payments, and digital channels demands real-time data feeds, dynamic thresholds, and automated escalation workflows.
Purpose-built operational risk management automation for the banking industry.
Automate Standardised Measurement Approach capital calculations with integrated Business Indicator computation, historical loss data aggregation, and Internal Loss Multiplier calibration for accurate regulatory capital reporting.
Conduct enterprise-wide Risk and Control Self-Assessments with standardised risk taxonomies, automated scoring, control effectiveness testing, and branch-level aggregation for holistic operational risk visibility.
Capture, classify, and analyse operational loss events using Basel-aligned event type taxonomies. Automated root cause analysis, trend detection, and recovery tracking across all banking operations.
Monitor Key Risk Indicators in real-time across all banking operations — retail, corporate, treasury, and digital channels. Dynamic threshold management with automated breach alerts and escalation workflows.
Run forward-looking scenario analyses for banking-specific operational risks — cyber attacks, system outages, fraud events, and regulatory changes. Monte Carlo simulations for capital impact assessment.
Generate regulatory capital reports for central banks and supervisory authorities automatically. Pre-built templates for Basel III SMA capital charges, operational risk capital ratios, and supervisory reporting.
Standardised Measurement Approach for operational risk capital calculation with Business Indicator and loss component integration.
Advanced Measurement Approach legacy support for banks transitioning to SMA with historical model validation.
European Banking Authority guidelines on operational risk management, RCSA, and loss data collection requirements.
Local central bank operational risk requirements including capital adequacy and supervisory reporting obligations.
Enterprise Risk Management framework integration for holistic operational risk governance and board-level risk oversight.
Institute of Internal Auditors standards for operational risk audit coverage, control testing, and assurance reporting.
See how ORM can streamline Basel III SMA capital calculation, RCSA coordination, and KRI monitoring for your bank.