Numeravi´s consultants have developed their own computer system to measure exposure to market, underwriting, mismatch, concentration, liquidity and credit risks. This system is denominated InnoV@R®.

InnoV@R® calculates the exposure to credit and underwriting risks by estimating the expected loss and the value at risk or probable maximum loss, under specific confidence levels and lapses.

For risk measurement InnoV@R can apply parametric, historical or Monte Carlo simulation methodologies, using both statutory models and statistical models adjusted specifically for each institution.

Our InnoV@R® system also has the following advantages:

  • It is developed with an updated and efficient technology.
  • The simulation of multiple random scenarios (stochastic or Monte Carlo simulation) is performed efficiently, reducing its execution time.
  • Institutions that acquire an InnoV@R® license, do not require any other software because they receive an executable version.

We offer licenses of InnoV@R® that includes installation, documentation, support, training and updates. In addition, we have the ability to adapt the risk measurement software to meet special needs of companies.