ABACUS/RiVa contains various standard modules, which can be combined based on a building block concept to create customized solutions. The common denominator across all of the RiVa modules is the data formatting language "Financial Transaction Description Language (FTDL)". Once the data has been transformed into this format, all of the calculation power of the RiVa modules is available.
A proven data preparation for and interface to ABACUS/DaVinci is also available. Position data delivered in FTDL are thereby seamlessly integrated into ABACUS/DaVinci.
The ABACUS/RiVa modules are designed according to the principle of strict functional encapsulation. New regulatory ratios or new calculation methods (keyword: new Standardized Approach) can be implemented and integrated quickly without affecting system stability.
Selected Product Features
ABACUS/Riva offers solutions tailored to individual requirements, which are based on comprehensive off-the-shelf standards based software package modules
Various software modules (RiVa engines) for valuation, simulation, stress testing, calculation of various ratios, sensitivities, Standardized Approach for market risk, generation of cash flows
Comfortable web front-end for optional interactive control of RiVa engines
Short implementation times for the introduction of new financial products
RiVa modules work with a special data description format. FTDL (Financial Transaction Description Language) is suitable for the representation of all major financial products and derivatives
Extractors and converters to retrieve data from different front-office systems and transform it into FTDL