Are your products limited to the banking industry?
No, our products have been designed to address the operational risk management needs of firms in any industry, such as the financial industry, the insurance industry and the financial software industry to name just a few. Operational risk management processes and modeling techniques used in one industry also have applicability to others industries, and because operational risk occurs in all businesses irrespective of the industry the C4i product suite has been designed to adapt to our clients needs.
What are some of the operational risk corollaries between the banking and insurance industries?
C4i's Risk Library can maintain risk scenarios for multiple industry types. There are often similarities between the scenarios and here are just a few examples from a much larger list:
| Banking Industry |
Insurance Industry |
| Counterparty Disputes |
Re-Insurer Disputes |
| Fiduciary Breaches |
Bad Faith Claims |
| Fraud (both internal and external) |
Fraud (both internal and external) |
| Intentional Mis-marked Positions |
Intentional Under-reserving |
| Model Errors (intentional) |
Under-pricing (intentional) |
| Model Errors (untintentional) |
Under-reserving (unintentional) |
Here is a link to more information related to the C4i Risk Library.
Is it possible to add our own risk scenarios to C4i's risk library?
Yes, you can add risk scenarios and best practice controls to the C4i Risk Library via the GUI.
Our data is spread across multiple systems, can C4i access data from different places?
Yes, C4i can access data from internal and external systems. This allows you to capture, consolidate and control your data and to communicate your operational risk management results to the right people at the right time. The C4i alerts enable you to monitor your key risk indicators and act upon potential problems before they become actual disasters.
Is the C4i suite written for a particular platform?
No, C4i's technology is java-based and is platform independent. Here is a link to some more technical highlights.