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DescriptionWhat we offer

The Credit Risk Analytics solution comprises of one main component: RiskWatch V4.5.3 (RW) RiskWatch is a comprehensive software application which provides a complete set of methodologies to measure, monitor, simulate and restructure risk.

ObjectivesWhat you learn

  • Understand the concepts behind Credit Exposures, Netting Agreements, and Collateral from a trading book perspective.
  • Get a broad sense of the modules and how they interrelate to calculate the exposures
  • Learn the various stages of defining the credit exposure variables
  • Build relevant risk management reports on the portfolio

TopicsThe best for you

The course is delivered through a number of mediums, including product demonstrations, instructor-led exercises and self-paced hands-on practice.

  • Setting up Transition Matrices and PD curves
  • Building the pieces to define Credit Exposures at the trade level
    • Includes Legal Entity definitions/ Credit Processes/ Output variable definition
  • Defining and analyzing Credit Exposures at the Portfolio Level
  • Setting up and Grouping of Netting Nodes
    • Viewing and analyzing the Netting Hierarchy
  • Building Credit Mitigation Portfolios
  • Defining Collateral agreements - Credit Support Annex
  • Defining, viewing and analyzing Credit Reports
    • Slicing and dicing by Aggregation
  • Simulating the portfolio
  • Creating deeper analytic results like Potential Exposure, Total Exposure and Expected Loss

PrerequisitesWhat should you know

You should taken the course, "IBM Algorithmics Foundations of RiskWatch", where all the basics would be covered. Thus it is assumed that users already have familiarity with the system and can navigate fairly easily. Foundations of RiskWatch

A basic familiarity with derivative finance and risk management principles is assumed. For example, knowledge of a "plain vanilla" swap is useful.

AudienceWho should attend

This advanced course is aimed at finance individuals that are risk managers, trading analysts, investment managers and financial analysts. Also, non-finance individuals will benefit from this course as it gives perspective.