Zürcher Kantonalbank is live on the latest version of risk management software Risk Vision. The bank is implementing the latest version of Misys Risk Vision to gather and analyse exposure to risk across its entire business on a local level as well as globally.

The latest release of Misys Risk Vision should enable ZKB to get expanded risk mitigation functionality in the area of netting agreements and collateral. It provides ZKB with additional coverage in the areas of commodities, swaps and annuity loans. Optimisation of both intra-day and end-of-day performance should allow better management of daily workflows. This in turn can ensure the accuracy of real-time exposure information for use by both front-office users, via Pre Deal Check, and credit decision makers.

ZKB's head of credit risk management, Luc Seydoux states: "Risk Vision 5.5 provides us with the ability to execute more stringent credit risk management processes. When the markets were in turmoil during the fourth quarter of 2008, Misys Risk Vision was of paramount importance to ZKB. We have significant trading operations so having the information available in real time was crucial to knowing our risk position relative to our counterparties' credit risk."