It is supported via online model updates, where an automatic, highly flexible mapping to new or changed models ensures version compatibility. The mapping relates to GUI, data base and business logic.
No, RFW can work simultaneously only on one core data base from a supported set of data bases. Currently, these are: Oracle, MS SQL, DB2, Teradata, and My SQL. However, it is possible to access external data on business logic level in all supported data bases. For example, one can work on MS SQL, but access balance sheet data from an Oracle data base.
All usual browser, including Internet Explorer, Mozilla Firefox, Google Chrome, Sea Monkey, Opera, Safari for PCs, tablets and smart phones. The supported browsers are based on HTML5+java scripts.
The usage of features and modules is enabled or restricted with separate licenses. In this way, customers pay only for modules they really need. The licenses can be configured to be with or without a time restriction. Important are the following rules:
Various sub-units (e.g. bank branches, business centers, departments, etc.) of the main institution are physically represented in one data base, but they work in a separate access-protected logic areas of the same data base. The sub-units can have different local settings and they can access other sub-units via hierarchic rights. Risk Framework allows hierarchic company structures, where visibility and accessibility are controlled by rights and roles.
Rights and roles that are assigned to users enable the realization of a multi-step work flow while working with the system. For example, a simple approach can be:
Processor cores are used at parallel calculations of sessions (e.g. at parallel calculations of portfolios), as well as during Monte Carlo simulation, where the simulation runs are distributed on processor cores. The speed-up depends on the test case. Many tests show performance speed-ups from about 3 to 3.5 times at real 4-core processor. An additional speed-up factor of 1.5 to 2 can be obtained, if using a 64-bit processor.