Empowered Systems deliver business software solutions for governance, risk, compliance, and regulatory reporting for organisations with large and complex data management challenges.

We have a proven track record, with systems operating in some of the world’s biggest banks since 2001.  Empowered Systems has deep subject matter expertise and a technology platform that can be either internally hosted by the client or delivered via the 'cloud'.

Our systems are flexible, scaleable and provide analysis and reporting functions that meet the needs of top level management and regulators of global businesses

Risk Management in the finance sector requires the capture and analysis of a vast amount of accurate, valid and trusted data.

Empowered Systems works with the group function at global banks required to report daily to regulators globally. We work with existing data sets and external data feeds, providing a consolidated, trusted view of credit risk and capital requirements.

The VEReDATA portal uses the full enterprise data set and external data feeds, credit rating movement and counterparty changes. In a few months, we have delivered systems that overcame challenges which our clients had struggled with for years and are now delivering daily risk reports that report exposure at the highest level. 

We deliver easy-to-comprehend dashboard views for programmes of work and a variety of asset or collateral portfolios regardless of size, geography or the complexity of the data.  The ability to ‘drill-down’ in an on-line report provides accurate analysis and reporting on portfolio performance at any moment.

Whether in global finance or property, the complexity of portfolio and collateral management requires a customised data reporting system – something internal IT may not be able to match in their standard solutions.

Empowered Systems rapidly understands the business challenge and provides a working solution that is flexible enough to adapt to evolving business needs. We handle data uploads from multiple sources and can consider multiple data models to best suit the desired portfolio management outcome for each client.

Global regulatory standards for banks demand more evidence of governance and control over the suitability of risk models. In fact, risk management, governance, transparency and disclosure are at the core of the Basel regulations.

Empowered Systems understands the information and workflow needs for meeting strict regulatory requirements. Our platforms make sure all process controls, data flows, documentation, meeting minutes and regulatory linkages are captured, tested and embedded into the system, so as to provide the best solution for the business. There is no one-size-fits-all approach.

We can offer ideas and examples of how these challenges can be met, for example from a risk models inventory to a full model validation system.

Governance, risk and compliance is the new term for the type of systems we have been delivering to global banks for over a decade. Banks need to prove that risk reporting is accurate and trusted. They need to demonstrate that processes and policies are fit for purpose and in operational use. They need to evidence that they are compliant with all regulations globally.

Empowered Systems has been able to accurately map the enterprise and capture the information, security flows and internal restrictions that have to exist for our clients. We implement the data model and data flows, then map the regulatory requirements and define the links between actions and outcomes.

Empowered Systems delivers an enterprise view which can be validated by click-through evidence in place of manual management across multiple systems, providing cost savings and boosting confidence in data.

Ensuring the validity and accuracy of data in a day-to-day business environment requires an easy way of reporting and fixing data issues.

Empowered Systems provides a system that is intuitive to use and quickly configured with each client’s workflow requirement. Data errors are passed to the right owner for fixing at source and the person who noted the error receives an alert when resolution is achieved.

This system has been rolled out to tens of thousands of users globally for maintaining and facilitating pan-enterprise data quality in multiple systems.

Sustainability reporting is similar to reporting to regulators, but the task is to prove you are doing what you say you are, in the public domain. The complexities and challenges are similar but there is more than just numeric data to contend with.

Empowered Systems can provide platforms that help record and demonstrate that commitments are being met, that promises on corporate behaviour are being kept and that people responsible for delivering changes are being held accountable – even the CEO who signs the annual report!

Similar to GRC, the software solution must map the organisation, in order to monitor activities and prove promised outcomes are delivered.