iRisk will be enhanced its security by using SSL technology
ThaiBMA is going to implement SSL – Secure Socket Layer technology on iRisk 3.2 for enhancing its usage security starting on September 17, 2007 onwards. The new security system will ensure iRisk users to access and use iRisk with their highest confidence.
SSL is the advanced technology for protecting users’confidential data by encrypting and decrypting the data with hi-technology digital keys. Consequently, all data of iRisk 3.2 users will be safe every calculation time. For more information, please contact Business Development Department (iRisk) at telephone no. 0-2257-0357 ext. 114-116 (irisk@thaibma.or.th) or visit our website at www.irisk.thaibma.or.th.
07/09/07
ThaiBMA plans to unveil iRisk HMP Server Version
ThaiBMA is preparing to launch the latest version of iRisk - HMP Server Version to serve financial institutions, asset management companies, big corporations and any interested organizations for measuring and managing financial risks with modern methodologies and technologies.
This version provides intensive calculation of market VaR for multiple investment portfolios that can handle more than 400 funds per one calculation session. Its highest advantage of this version is that VaR calculation process will be operated on users' site, and users' investment positions are not needed to send out the companies.
Consequently, iRisk HMP Server Version will help users to keep their business confidentiality in the highest level. It can be stated that this is a latest technology innovation for Thailand's risk measurement and management and will be the efficient tool for modern business administration.
iRisk will be officially upgraded to be version 3.2
ThaiBMA plans to upgrade Risk Management Software(iRisk) to be version 3.2 on March 13, 2007 onwards. iRisk 3.2 has been developed by providing more advanced features of Market Value-at-Risk(MarketVaR) on top of iRisk 3.1 and iRisk 3.0 as follows;
- Marginal VaR
- Relative VaR
- Expected Shortfall(Conditional VaR)
- Exponential Weighted Moving Average(EWMA)
- Short Position
- Theoretical Yield of Bond Class
- Regulatory Stress Test and Designable Stress Test
- And much more features
In addition, ThaiBMA also provides iRisk HMP Version that has been developed for supporting multiple portfolios calculation based on organization chart or supervisory hierarchy of each company. iRisk HMP allows users to design hierarchy, to manage the passwords and to assign fund managers for managing portfolios by their own needs. iRisk HMP Version has been specially designed for servicing Fund Management Businesses or Asset Management Companies directly that can help users to reduce a huge time of VaR calculation of each portfolio, and also provides much more time for managing the business.
Besides Market Risk, ThaiBMA has also developed Credit Risk Models and provides the Credit VaR measurement for all financial institution and investment companies by using leading methodologies and international frameworks. For further information, please contact Business Development Department(iRisk) at 0-2257-0357 ext. 114-116 or visit our website at www.irisk.thaibma.or.th.
08/03/07
Time Adjustment of Variance-Covariance Matrix Calculation
Due to the lag time of foreign currency data, ThaiBMA is going to adjust calculation time of Variance-Covariance Matrix for serving users' need in time, and conform to a sound risk management concept. The matrix will completely cover the returns of 3 asset classes comprised of Bond, Equity and FX at 10.30 a.m. every business day.
Consequently, the calculation before 10.30 a.m. on that day will not include FX returns. The new process will provide the updated risk reports of 2 asset classes since 6.00 a.m. everyday, and will be effective since March 13 onwards. For further information, please contact Khun Paradee or Khun Anyamanee at 0-2257-0357 ext. 114-116 or irisk@thaibma.or.th .
29/01/07
ThaiBMA launchs iRisk-Credit VaR1.0
ThaiBMA has proudly announced to keep on being a leader in financial development on risk management by unveiling a financial software called the iRisk's Credit VaR version 1.0 for measuring financial risks. It covers all major methodologies for calculating Credit Value-at-Risk, a potential loss due to possible change in obligor's credit quality including default, of corporate bond investment and commercial bank's loan portfolios. These three models comprise of Actuarial Model, Moment-Matching Model and Marked-to-Market Model which have been accepted by academic institutions and widely used on international frameworks; meanwhile, they can be applied to Thailand financial environment efficiently. Particularly, the marked-to-market model is the most suitable for fund management businesses or any business which want to measure and monitor in-depth on long-term portfolio credit risk. Furthermore, it also provides risk attribution classified by sector and rating for illustrating risk composition more clearly.
Like the ThaiBMA iRisk's market VaR, the iRisk's Credit VaR has been designed based on
user-friendly, easy to use and interpret basis for giving the crystal-clear solution with the most advanced quantitative techniques, and also act as a robust and reliable assistant for executives, fund managers, risk management officers and so on. ThaiBMA has committed to continue the development of iRisk as most-valuable alternative tools for financial sector of Thailand. For further information or more details, please contact Business Development Department at 0-2257-0357 ext. 114-116(irisk@thaibma.or.th) or visit our website at www.irisk.thaibma.or.th.
