The risk management system from Misys processes and analyses the bank’s profit and loss and interest rate risk exposure in its front, middle and back-office operations. Misys Opics Risk has been integrated with the Bloomberg, Reuters and Bank Nostro systems in the bank, as well as China Merchants Bank’s (CMB) own retail foreign exchange system, to give it optimal market information on prices and deal values.
Misys Opics Risk is a market risk and portfolio management system aimed at reducing treasury costs and increasing returns. It is designed to let financial institutions manage, model, forecast and report risk for all levels: the institution itself, the controllers of the institution and clients of the institutions.
CMB is using the software to run daily stress tests, calculate P&L, manage interest rate risk and calculate riskmetrics VaR across a diverse portfolio, including OTC options, swaps, foreign exchange and foreign investment.
