Risk Intelligence and Solutions Ecosystem (RISE)
Cuts costs and strengthens risk management practices
RISE is a unique collaborative ecosystem that allows financial institutions to enhance risk management practices. It does this by developing best practices and centralising delivery, thus reducing duplication and raising risk management standards.
RISE enables global financial institutions to engage with peers and discuss industry issues, best practices and benchmarks. Based on the ecosystem, financial institutions can collectively design and consume a wide range of innovative solutions across the Risk Management and Compliance value chain.
RISE operates at the cutting edge of innovation, delivering intelligent solutions through an efficient business model, using technology as an enabler.
RISE Pillars
Data
- Data pooling to resolve data scarcity
- Data extraction through centralisation and optimisation
- Benchmarking of industry data
Models
- Domain expertise with deep regulatory understanding
- Analytical expertise
- Automated model outputs and documentation
Platforms & analytics
- Advanced automated platforms including workflow and reporting
- Technological expertise
- Enhanced decision-making
Multilateral engagement, mutualised solutions
RISE facilitates multilateral engagement, identifies industry priorities and builds mutualised solutions
1) Industry forums
• Roundtables to allow financial institutions to discuss common industry challenges
• Subject matter insights leveraging domain expertise from S&P Global's businesses
• Enabling financial institutions to identify areas of alignment and divergence across the industry
2) Product design
• Joint product design with financial institutions, incorporating industry best practices
• Mutualised solutions that deliver significant value-add
• Ability to support variations across multiple regulatory jurisdictions
3) Development and testing
• RISE invests in the product build
• Design input from financial institutions ensures products are fit for purpose
• Proof of concepts for informed buying decisions
Substantial gains for financial institutions
RISE enables peer benchmarking and standardisation, thus reducing costs and improving risk management practices
• Significant cost savings through mutualisation and avoidance of duplication
• Insights into best-in-class industry practices and benchmarks
• Ability to demonstrate thought leadership to the industry and regulators
• Peer networking on common industry priorities
Best-in-class product suite
Designed in conjunction with financial institutions to meet their industry needs for:
• Credit Risk
• Market Risk
• Stress Testing
• Regulatory Compliance
• Model Risk Management
• Climate Risk
Learn More
Video and Brochure
Blog
August 02, 2021EBA hurdle crossed, EU banks to focus on risk governance and climate risk integration
SEM wins Best Modelling Innovation at Risk Markets Technology Awards 2021
Innovative, industry-wide risk management solutions created for and in collaboration with financial institutions