Part of the Midis Group
Enterprise Risk

FINECUS is one of the leading Financial Software Companies providing insight to managers into the financial sectors. Our aim is to accurately quantify risks, to enable managers to optimize the use of their capitals, to perform risk-return analysis while meeting regulatory requirements.

FINECUS Enterprise Risk Management (fERM) solution helps the company to identify risk factors in a business, to assess their severity, to quantify the magnitude and to mitigate the downside exposures while capitalizing on the upside opportunities. fERM not only captures the financial risks but also the business and credit risks the company faces.

fERM is supported with powerful reporting tools. According to the structure of the company and to its business diversification, customized reports are prepared in various levels of detail. fERM provides all the sound information needed for decision making, strategic planning and hedging opportunities.

Another benefit of the tool is it provides a comprehensive and flexible scenario generation tool. Market changes, business plans, strategies can be simulated and analyzed in detail. Risks and opportunities are identified for the company and for any specific component of the company.

Key Advantages of fERM include ;

- Integrated Risk Management (Market Risk, Credit Risk and Business Risk)
- Covers all the financial products including Exotic Derivatives
- Customized Reports in different levels of detail
- Scenario Analysis
- Advanced Long Term Forecasting Models
- Decision Making Graphs
- Drill-Downs
- Sensitivity Analysis

Features of the Software


Portfolio Monitoring Tools

All the components and individual items of the company can be analyzed individually. Customized reports prepared for top management and for departments of the institution presents the outputs in various levels of detail.

Yield Curve Module

Yield curve calculation and yield curve modeling is the core of our asset-liability management solution. We currently support for some interpolation methods (linear and cubic) and some well known yield curve models such as Nelson-Siegel , McCulloch and Echols-Elliot.

Static Analysis

FINECUS Enterprise Risk Management Module provides Cash-Flow analysis, Maturity analysis, DV01, Duration, Convexity, GAP Analysis, Market Value of Equity, Trend Analysis, Market and Strategic Scenarios. This diversified analysis helps the managers to fully understand the risk and return relationship of their company.

Earnings at Risk / Cash Flow at Risk

FINECUS Enterprise Risk Management provides Earning at Risk and Cash Flow at Risk analysis. According to the results of the simulations loss distributions are generated and risks can be analyzed as a whole and in different drill-downs. Risk limits can be monitored and sources of risks can be identified.

Scenario Analysis Module

FINECUS Enterprise Risk Management solution aims to provide a quite flexible scenario creation and testing platform for the user. Users are able to evaluate the impact of runoff or entry to new segments, model changes in credit quality, manage and understand the effect of market changes and customer movements. It helps to stabilize margin and earnings volatility, forecast future earnings precisely and to manage profitability.

Project Phases

Database Design & Creation

The most important part of a financial application its database. Since each institution has its unique dataset, our enterprise risk management solution is tailorized at the database level.

Customization & Installation

We believe that no solution fits to all the customers. According to data needs, FINECUS Enterprise Risk Management module is customized for each institution. Although the financial logic remains the same, some modifications have to be needed..

Financial Training

Our financial trainings are aimed to provide transparency and to clear all the black-boxes.

User Training

All our modules are user-friendly. Users are trained for the most critical part which is interpretation of the results and cause-effect relations. With the trainings users are able to create and interpret scenarios with more ease.

Delivery & Further Maintenance

Maintenance after delivery is at least as important as module itself. Any new financial instrument and technique is added instantly to the software.

Programming and Technical Properties

Programming Language

FINECUS Enterprise Risk Managament module uses Java language. The most important feature of Java is, being a object oriented language. Object orientation paradigm makes developing applications easier and enables faster customizations and updates.

Application Features

Our enterprise risk management solution is a thin-client application which means that we require no software or hardware for user's computer. All procedures and calculations are handled by the server. User accesses to the tool via intranet using a browser such as Internet Explorer.

MS Excel Entegration

All data tables in the software are fully integrated with MS Excel. Data and reports can be exported to CSV, XML and to PDF files.