Financial technology vendor Yolus has released its T-N Server for historic data analysis.
The system provides very fast access to summary historical information which is held on-line as well as providing a drill through to the detailed information, held off-line in a database.
The key benefit of Yolus' T-N Server is its ability to present historic risk and P&L figures against the present day organisation of businesses and departments, allowing risk managers to track the historic evolution of the P&L over time against the present business hierarchy. Uniquely, the Yolus T-N server will respond to subsequent changes in the business hierarchy and can recalculate the data to reflect these changes. This means that historic data is easily viewed, even after a business reorganisation.
Allianz Group is the first customer to take the new functionality from Yolus. Allianz use the T-N server to build up an historic view of credit exposure and limit information aggregated against their current business hierarchy. Allianz risk managers then use the Yolus Explorer and Management Web Dashboard to analyse and monitor the evolution of the counterparty credit exposures and limits over time for each business line within the hierarchy.