ElysianNxt offers a powerful stress testing framework designed to assess and evaluate the resilience of financial institutions under adverse (economic) conditions. By applying various scenarios and shocks to a comprehensive range of financial parameters, the system accurately measures the potential impact on a firm’s capital adequacy, liquidity, and overall stability.
With a sophisticated framework combining rigorous data analysis, statistical modelling, scenario simulation, and balance sheet management, the stress testing system provides invaluable insights into the institutions’ vulnerabilities and risks. In a world of uncertainty, stress testing has become one of the key navigation tools for risk managers to manage different types of risks within their financial firms.
The ability to change any parameter in the models or underlying data and see immediately the capital and provision impact. Whether you’re testing for provisioning under IFRS 9 or meeting Basel regulatory stress testing requirements, ElysianNxt software provides the speed and flexibility to navigate risks with ease.
Financial institutions face growing pressure to assess climate-related financial risks – from physical risk events (such as flood and wildfires) to transition risks (changing climate policies) – especially on Credit Risk, as climate events can materially affect borrower capacity and asset values. Climate risk stress testing becomes essential for simulating and understanding the long-term impacts on Credit Risk, Capital Adequacy, and Balance Sheets.
ElysianNxt empowers institutions to define and simulate a wide range of climate stress scenarios all within a single integrated stress testing platform.
Our platform helps you by providing dynamic, user-driven climate risk simulations that incorporate evolving data, balance sheet changes, and regulatory expectations, without needing a separate sandbox environment.
Financial institutions need to run stress tests much more frequently in today’s volatile environment, yet many stress testing processes are not up to the job. The silent killer of your stress testing is your outdated technology.
In this episode of the ElysianNxt Podcast, CEO Chris Puype sits down with Product Director – Risk Solutions Piet Mandeville to discuss the evolving role of stress testing in the financial industry.
Let us know what you’re interested in and we’ll be in touch with you.
