Integrated Architecture: A Complete Lifecycle For Risk and Performance Management

All software packages in the Fermat product suite have been built on a shared and fully integrated data and service infrastructure. All modules benefit from the same functional data model that is technically implemented as an original feature in the Fermat DataMart, with a focus on performance and the handling of large volumes of data. As a consequence, Fermat's risk and performance management product range enables financial institutions to operate a truly consistent enterprise-wide software solution within a single, open operating environment and workflow.

Data Model

Deliberately designed to represent bank and insurance practices, the Fermat data model addresses transaction classification, credit risk mitigation, counterparties classes, ratings, credit events and losses, market rates, client behaviour, general ledger, assessment of accounting consistency based on balance sheet reconciliation.

Single Data Flow

Data are imported asynchronously from multiple data sources into the datamart using Fermat's import platform or a market ETL. Imported data sets are then checked for technical integrity and consistency, manually or automatically edited and made available for calculation. Moreover, simulated transactions and market data can be generated based on forecasted scenarios of the bank's activity and environment.

Single and Modular Workflow

Calculation outputs are segmented in workspaces that store multiple functional setups. Workspaces hold all the historical snapshots of a bank's transactions, imported at different reporting dates into the DataMart. Historical calculations, therefore, remain available to the user for trend analysis at both aggregated results level and concerning detailed transaction characteristics.

User Administration Features

Features such as LDAP compatible authentication, access rights and activity audits ensure that Fermat can be operated in a flexible and manageable manner.