Risk Filters: Operational Risk Management Made Easier

Risk Filters is the world’s first software platform to provide banks a means of monitoring processes, activities or assets – instantly – as they happen.

The recent disasters in the financial industry point to the need for better risk management. Further segmented by industry terms, this includes managing credit risk, market risk, operational risk and performance risk. While market risk and credit risk involve the discretionary application of financial theory by domain experts, it is now possible to substantially automate operational and performance risk management using Risk Filters.

In particular, the monitoring of individuals and processes in banks for error, fraud or failure can be automated through effective search on information-streams generated by various banking processes.

Examples include the real-time monitoring of email, internet usage, and printing activity. By monitoring this instantly and actively, banks are in position to immediately refer suspect transactions to a person of authority and, even better, stop errant transactions from going through.

As financial institutions seek the most effective measures to automate compliance and security, Risk Filters conceptually provides the automation of operational risk-management in the same way that we relate SPAM filters with email – silently and effectively.

Please download the Risk Filters datasheet and case-study. For more details, please contact us at info@hiperware.com.