Mirai RiskTech
UnclaimedIntegrated balance sheet management platform for banks, connecting strategy and execution across treasury and risk.
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TL;DR - Mirai RiskTech
- Integrated platform for balance sheet, treasury, and risk management in banks.
- Offers advanced capabilities like unlimited scenario simulation, AI-driven insights, and regulatory reporting.
- Cloud-native, modular solution designed for scalability, transparency, and data integrity.
Pricing: Paid only
Best for: Enterprises & pros
Pros & Cons
Pros
- Provides a unified platform for comprehensive balance sheet management
- Enhances regulatory compliance with transparent and traceable data
- Leverages advanced AI and machine learning for predictive insights
- Offers high scalability and performance for large, complex portfolios
- Ensures data integrity and consistency across all functions
Cons
- Requires significant integration with existing banking systems
- Complexity of the platform may require specialized training for users
Key Features
Unlimited scenario simulations for stress testing and what-if analysisConsistent, governed models across the balance sheetSingle, consistent reporting layer for performance and riskTransparent and traceable results for regulatory complianceTrusted, validated single source of truth for data qualityAdvanced machine learning analytics for balance sheet dynamics and risk driversALM & Liquidity optimization for IRRBB and liquidity riskStreamlined regulatory reporting for continuous compliance
Pricing
Paid
Mirai RiskTech offers paid plans. Visit their website for current pricing details.
About Mirai RiskTech
By Toolradar Team·
Mirai RiskTech provides an integrated, cloud-native balance sheet management platform designed for modern banks. It unifies treasury, risk, and planning functions to offer clarity, agility, and governance. The platform enables financial institutions to optimize risk-return, streamline regulatory compliance, control Net Interest Income (NII) volatility, and leverage data-driven insights for critical steering decisions.
Mirai is built for financial institutions of all sizes, from treasury and risk departments to IT teams. It helps optimize liquidity, manage structural risk, forecast market shifts, and integrate with existing systems. The platform's modular design ensures flexibility, allowing banks to adapt solutions to various use cases and scale operations globally, supported by advanced analytics and machine learning to forecast balance sheet dynamics and uncover hidden risk drivers.
Key benefits include maximizing value through advanced functionality like unlimited scenario simulations for stress testing, consistent model application, a single reporting layer, and transparent, traceable results for regulatory scrutiny. It ensures data quality with a trusted single source of truth and applies advanced data science for predictive insights.
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Mirai RiskTech FAQ
How does Mirai ensure the transparency and traceability of its regulatory reporting results?
Mirai delivers transparent and traceable results by operating from a trusted, validated single source of truth and applying consistent, governed models across the entire balance sheet. This approach ensures that all calculations and data points can be fully audited and stand up to regulatory scrutiny.
What specific methodologies does Mirai FTP & Profitability use for its out-of-the-box FTP calculations?
Mirai FTP & Profitability includes a wide range of built-in FTP calculation methods. These encompass cash-flow-based methods such as zero discount factor and weighted term, as well as non-cash-flow methods like repricing term and rolling average, with continuous innovation adding new methods regularly.
Can Mirai's platform handle parallel scenario simulations for stress testing without performance degradation?
Yes, Mirai is engineered to run unlimited scenarios in parallel, enabling powerful stress testing and confident what-if decision-making. Its cloud-native architecture and ephemeral, cluster-based compute maximize efficiency and allow for scaling complex simulations on demand without sacrificing accuracy or slowing down computation.
How does Mirai's AI product contribute to strategic decision-making beyond traditional balance sheet analysis?
Mirai AI applies advanced machine learning analytics to forecast balance sheet dynamics and uncover hidden risk drivers. This provides strategic intelligence and data-driven insights that go beyond conventional analysis, enabling critical steering decisions and a deeper understanding of future financial performance.
What level of granularity does Mirai offer for analyzing commercial margins and contract-level profitability?
Mirai provides complete contract-level traceability, allowing users to see the Funds Transfer Price (FTP) for each individual contract and the contribution of every applied spread. This enables the calculation of the true commercial margin for each contract, offering a highly granular view to optimize pricing and drive strategic growth.
How does Mirai ensure data quality and consistency across different banking functions?
Mirai operates from a trusted, validated single source of truth, which builds confidence in every decision. It applies consistent, governed models across the balance sheet and provides a single, consistent reporting layer, aligning teams around a shared view of performance and risk and ensuring data integrity.
Source: mirairisktech.com