SAS^® Risk and Finance Workbench Features

Model execution

• Inventory of utilized models with details, link to documentation and versioning.
• Model execution control through web interface.
• Mapping of model results to line items in the risk and finance repository.
• Preview of model results before incorporating its results in the risk and finance repository.
• History of executions for audit tracking and comparison.
  

Process orchestration & consolidation

• Centralized hub for orchestrating the entire stress testing process.
• Process orchestration with status and timelines.
• Integration of model selection, scenario specification, scheduling, creation of capital plans and process workflows.
• Embedded workflow engine for specifying workflows, timelines and approval paths related to stress testing.
• Scenario management – regulatory and ad hoc.
• Support for regulatory stress testing cycles and subcycles.
• Definition of workflows for each part of the stress testing process.
• Ability to track approvals, attachments and comments for each step of the process.
• Automatic, user-driven data and model loading.
• Complete data lineage.
• Audit reports – who, when, what, why.

Results consolidation

• Centralized location for managing the reporting and mapping hierarchies associated with stress testing.
• Fully integrated financial hierarchies.
• Report generation – regulatory and filing views.
• Results consolidation, reconciliation and aggregation.
• Maps quantitative stress testing results to the financial models that create projected balance sheets, income statements and capital plans.

Integration of risk & finance

• Definition of legal entity structures and hierarchies.
• Mappings between different financial hierarchies, such as those used by accounting and treasury.
• Allocation and application of financial rules.
• Templates for balance sheet, income statement and capital planning.
• Management overlays and overrides.

Scenario specification & enrichment

• Web-based interface for managing scenario library.
• Ability to import scenarios provided by regulators.
• Side-by-side scenario management.
• Edit and enhance scenarios.

Filling package

• Content provided by SAS to generate supervisory reports.
• Taxonomies and report templates delivered in the SAS Risk and Finance Workbench environment.
• Perform validation rules against the supervisory reporting data.
• Generate files for submission in the required format.