SECTOR FOCUS - BANKING
The cycle won't slow down.
Your platform should keep up.
Has the portfolio data landed yet?
Did the run finish?
Has the risk committee looked at the numbers?
Do we even have time for that?
RISK CAPABILITIES WE PROVIDE
Expected Credit Loss
IFRS9 and CECL compliance
Stress Testing & Capital Adequacy
CCAR, DFAST, and ICAAP-ready scenario analysis —including physical climate risk—supporting both regulatory submissions and internal capital planning
Market Risk
VaR, Expected Shortfall, and scenario-based measurement for portfolios exposed to financial market movements
Model Governance
Automated model execution, monitoring, and validation across your full model complex
Liquidity Risk
IRRBB-compliant forecasting and limit monitoring to stay ahead of liquidity demands
80%
12 out of 15 of the largest banks in North America are using FRG products and services.
The Environment
What the cycle demands of your team
Predicting credit losses, capital reserves, and liquidity are big banking tasks that run in cycles. The instant the data snapshot is ready, the clock starts ticking, and however long the cycle is, that time is better spent analyzing results than waiting for them.
FRG Risk Intelligence is built exactly for this. It brings all the moving parts together and puts them on a smooth, speedy track.
Flexibility
Input comes in many formats and languages. If that trips up your process, you waste valuable time on something that should already be handled.
Our approach: Our risk platform meets your data where it is, runs your models regardless of how they are articulated, and delivers results wherever you need them.
Turnaround
Last-minute changes are part of the job. If every tweak costs half a day, that's a lot of waiting around to hurry up.
Our approach: We are experts at optimizing processes. Whether it is reorganizing calculations for speed or ensuring you get the most out of your compute power, we have the craft down.
Complete Detail
Being able to trace every aggregated result down to the account or loan level is imperative for trustworthiness, explainability, and compliance.
Our approach: Our platform gives you results in high resolution, plus the dynamic tools to drill down further on your own.
Scalability
Higher complexity shouldn't require a bigger headcount or a costly new risk solution.
Our approach: Our risk platform is built to scale with you, handling the complexity so your team doesn't have to grow just to keep up. And if you'd rather not manage it yourself, we can host and run it for you.
VOR risk intelligence suite
The metrics you need to manage risk across your operations
The VOR Risk Intelligence Suite automates the processing that keeps your financial institution ahead on credit losses, liquidity issues, and regulatory compliance.
Expected Credit Loss
VOR IFRS 9 / VOR CECL
These waterways take you from loan portfolio snapshot to (staged) expected credit loss. They handle retail and wholesale portfolios of any size, incorporate scenarios and models, and deliver loss figures for each time point, from individual loan level to the full portfolio aggregation.
Risk-Weighted Assets
VOR Basel
The VOR Basel Waterway automatically takes you from A to RWA under the Basel III Standardized Approach for assessing credit risk-weighted asssets as part of the capital adequacy calculations (requirement CRE20). It then aggregates the results and hands them off in the regulatory report template relevant to you, ready for your review and approval.
Economic Value of Equity & Net Interest Income
VOR IRRBB
The VOR IRRBB waterway streamlines the forecasting of Economic Value of Equity (EVE) and Net Interest Income (NII) as prescribed by the Basel framework. The waterway then takes it a step further and delivers the results in the regulatory template relevant to you so you can focus on signing-off on the numbers.
Modeling
VOR Model Reservoir
This VOR module can also be combined with VOR waterways. It organizes your models regardless of how they are built or articulated, and ensures your model complexes are automatically executed. The Model Reservoir can be extended to include model monitoring to ensure your models are always validated, current, and audit-ready.
Stress & Scenario Testing
VOR Scenario Builder
This VOR module can also be combined with VOR waterways. It allows for complex scenario building from scratch or based on historical timeseries, and without your team having to program a single line of code. Scenarios are directly integrated into your end-to-end processing in VOR.
Every VOR calculation runs on FRG's metadata-driven AI layer, which flags discrepancies and drift as they occur rather than at your next scheduled review.
Built for Growing Banks
We know that growing from a small- or medium-sized bank into something bigger can put you in between risk solutions. Your business may have outgrown spreadsheets, but a costly in-house solution—and the tech team to run it—isn't for you.
Every waterway and module in the VOR suite can scale up or down with you, and we tailor it to where you are today and where you're going. We help you deploy state-of-the-art methodologies and analytics that, until now, have only been within reach for the big banks. Not ready to take it on yourself? We can host and manage your platform for you.
See How We Scale With YouWe know how to do this.
Projects
FRG has built and deployed risk platforms for banks, credit unions, and other financial institutions across the globe. We understand the operational complexity, the speed demands, and the breadth of instruments your business depends on. Let's build yours.
US Community Bank
AI-Ready Data foundation
Spreadsheet-driven reporting and legacy systems couldn't keep pace with a bank that doubled in size in two years; manual, slow outputs limited the ability to act on emerging issues. FRG implemented a centralized data lake that consolidated fragmented data, introduced governance, and enabled advanced analytics.
Top-5 Canadian Bank
Enterprise Stress Testing
Fragmented systems and no what-if capability left the bank unable to meet CCAR requirements or support internal capital planning from a single environment. FRG delivered a comprehensive stress testing environment producing stressed RWA, expected loss, provisions, and capital projections, with a self-service workbench enabling scenario analysis at any level of the portfolio hierarchy.
FAQ
Frequently Asked Questions
Walk us through a typical cycle.
A cycle usually begins with validating any model and configuration changes against the golden/final data version of the previous cycle to give at least a preliminary indication of the isolated impact of the changes.
The cycle then proceeds with gathering, landing, and/or uploading new data objects such as portfolio snapshots and scenarios for the cycle.
With the ease and performance of VOR, business users can now focus on analyzing, attributing, and adjusting the new cycle results until a golden/final version is reached.
After the cycle has been completed there will typically be automated runs for historization and data retention.
Can we automate and schedule VOR cycle runs?
Yes. VOR can easily be configured with automated and scheduled cycle runs. It can even be conducted by risk intelligent agents on your digital team.
Most of our clients experience that the need to schedule cycle runs, for example outside of business hours, is minimized if not eliminated with VOR because of its faster cloud-based and I/O-thin processing.
In other words, VOR delivers cycle results at the pace of peak business hours.
Is the VOR Suite out-of-the-box or custom built?
VOR comes with out-of-the-box functionality—the model execution engine, the tools, and the most common streams/processes—which in an implementation will be customized to you.
Customization usually entails integrating with your data sources and destinations, designing dynamic and static reports, modifying the UI to your specific needs, and setting up access and user management to your requirements.
If you need our help with new stream/process or model development, such as for adding new lines of business, we can provide that as well.
Can we add models to VOR without having to call FRG?
Yes. You can articulate models in a variety of programming languages, for example Go, Python, PMML, or SAS and register them in the UI, or you can import external models for automatic registration.