We respond to the global regulatory trends for financial institutions through intuitive software solutions. The suite consists of loosely coupled components, which makes them easy to implement and maintain.
Next-generation technology from Empyrean Solutions enables financial institutions to become adaptable and able to react much faster to the never-ending stream of regulatory changes, efficiently and at a lower cost
Fast and accurate results drive our efforts at Empyrean. Our system was designed and developed by Finance and Risk practitioners with years of experience in the industry, built with ease of use and speed of calculations as primary considerations for its model. It is the fastest growing solution in the market today. For these reasons and more, banks of all sizes turn to us for finance and financial risk management products that help them increase efficiency, reduce operational costs, and more easily manage financial performance. Our customers love working with Empyrean solutions. And more importantly, they are happy to tell you why.
The software is designed and developed using the latest technology tools available. This allows for scalability, multiple deployment models and easy integration with your current software architecture and avoids overly complex and outdated systems architectures.
Computes that may take hours in other systems take only minutes within the Empyrean model. The system benefits from being developed on an entirely new code base.
Because of the intuitiveness and ease of the model, customers are able to quickly understand the platform allowing them to contribute to the setup of the system. This expedites parallel testing and conversion for the bank as the bank employees become experts on the system able to support and modify their risk management process.
The Empyrean engine drives all required analysis within the system including ALM, FTP, EAD modelling for IFRS 9 and CECL, Stress Testing, and Liquidity. Ultimately, it enables clients to load data and assumptions into the model once and leverage them through their entire process.
The system is completely modular and component based and integrates seamlessly with the banks’ existing system and software architecture. This makes the IT impact of implementing any Empyrean solutions in your organisation very light.
Senior Analyst ALM Department
Director of Finance
IFRS 9/PSAK 71 is a global accounting standard that will become effective in Indonesia in January 2020, as imposed by OJK (Otoritas Jasa Keuangan)...
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