Solutions

OpRisk Scorecard

RiskCounts’ Operational Risk Scorecard is a first-of-its-kind application, using qualitative public data & information to provide early warning signal/s related to operational risk of a rated or unrated company/ies.

The RiskCounts’ Operational Risk Scorecard can additionally enable a firm to rate its own Operational Risk as a top-down self-assessment mechanism, viewed through the lens of public data and information.

RiskCounts uses Natural Language Processing and text analytics to build this scorecard of relative operational ‘riskiness’. The product is based on extensive AI and Machine Learning, knowledge mapping, data extraction, data modeling, and predictive analytics for a consistent, clear, and explainable methodology to rate a counterparty and provide “Early Warning” signals based on Operational risk.

Methodology for OpRisk Score

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    Step 1: Using Natural Language Processing, build a Knowledge Graph
    This enables discovery of industry specific phrases, topics, entities and expose latent relationships
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    Step 2: Build initial Training Data and Data Attributes for Machine Learning
    Develop input data attributes for risk scoring
    Use historical data as training data set to develop an initial Regression modeling using Machine Learning (ML)
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    Step 3: Integrate Training Data to set the Knowledge Graph
    Integrate the knowledge graph with Data Attributes of Training data
    Improve the regression model on training data using Machine learning
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    Step 4: Improving ML by Deep learning/ Predictive Modeling Generate ongoing new data from public sources to calculate new scores
    Use deep learning to continuously improve the regression model for improved predictive risk scoring

OpRisk Dashboard

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    View the total number of securities being monitored
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    View the total number of Portfolios being monitored
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    View overall portfolio distribution by ratings
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    Review all securities by ratings on a heat-map
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    View recent ratings upgrade or downgrades

View Entity OpRisk Score

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    View an entity's absolute OpRisk score generated on a normalized scale
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    View the underlying factors and their contribution to the overall score. These factors include Internal Fraud, External Fraud, Employment Practices and Workplace safety, Client, Products and Business Practices, Damage to Physical Assets, Business Disruption and system failure and Execution, Delivery & Process Management inputs
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    View related news / text that form the drivers of the score
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    View key phrases parsed from the news items and articles that contributed to the score
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    Access Links to specific media items and news articles

Track History of Ratings changes

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    View historical movements and trends in ratings of the entity

Compare Sectors

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    Compare relative risk scores for market / industry sectors
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    Compare entities within a sector
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    Compare scorecard on multiple entities
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    Compare scores of entities across sectors

Create Portfolio to watch

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    Create a Portfolio and add companies to the portfolio for monitoring risk scores
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    See detailed comparison of companies with a portfolio, with factor attributes and detailed sentiment analysis score
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    Slice and dice portfolio by Sectors and Companies with a sector

Create Alerts

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    Create alerts at the Portfolio Level or at a Company/ Entity Level
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    Alerts are sent to user through email or are also available in a dashboard