IBM Algo Credit Manager V5.2 helps financial institutions manage

15 Pages·2014·0.12 MB·English

IBM United States Software Announcement
213-531, dated December 17, 2013
IBM Algo Credit Manager V5.2 helps financial
institutions manage credit risk
Table of contents
1 Overview 4 Technical information
1 Key prerequisites 7 Ordering information
2 Planned availability date 9 Terms and conditions
2 Description 13 Prices
3 Program number 14 Order now
4 Publications
At a glance
IBM® Algo Credit® Manager V5.2 enhancements
• Configurable business rules enable the enforcement of permissible relationships
between facilities, guarantees, collaterals, and underlying assets according to
business-policy guidelines.
• Excess management enhancements are designed to provide user notification of
excesses, based on authority, ownership and materiality, with sign-off supported
by senior management review.
• Optional dashboard infrastructure enables performance metrics to be seamlessly
embedded within the Algo Credit Manager GUI to meet the business needs of
authorized users.
• Includes improved asset register functionality (haircuts based on eligibility,
classification, and quality of financial collateral).
• Usability features are designed to improve end-user experience.
• Includes extended reporting library.
• Supports AIX®.
For ordering, contact your IBM representative or an IBM Business Partner. For
more information contact the Americas Call Centers at 800-IBM-CALL (426-2255).
Reference: YE001
Overview
Algo Credit Manager helps financial institutions manage credit risk and process, over
the credit lifecycle from origination, monitoring, and review to credit default and
recovery management. Designed to deliver a complete, singular view of credit risk,
users are provided access to relevant credit-risk information. At its foundation is a
credit exposure and limits management engine, within a specialized, credit-enabled
business process management framework that delivers consistent and efficient pre-
approval and post-approval processing for measurement and consolidation of credit-
risk data across banking book and treasury products.
Key prerequisites
Supports AIX and Red Hat LinuxTM platforms.
For additional information, refer to the Technical information section.
IBM United States Software Announcement 213-531 IBM is a registered trademark of International Business Machines Corporation 1
Planned availability date
• December 17, 2013: Electronic delivery - Algo Credit Manager V5.2
• January 17, 2014: Media delivery - Algo Credit Manager V5.2
Description
Algo Credit Manager
Algo Credit Manager Foundation Base V5.2 enhancements
• Configurable rules enable the enforcement of permitted multi-option, facility
structures, as well as acceptable collateral types and assets which may be
allocated in support of specific facility types.
• Configurable views are designed to control the capture and display of relevant
measures according to specified facility types.
• Facility and limit excesses (including tenor) are notified to responsible users
according to materiality of the excess. Excesses are managed through dedicated
user interfaces, including the option to enforce senior management review and
confirmation of resolution according to internal policies.
Designed to provide a consolidated view of credit risk exposures across both banking
and trading book at points within a customer portfolio hierarchy. Functions include:
• Captures credit-related static data and creation of counterparty, facility, limit,
and mitigation structures.
• Automates generation of risk appetite limits in accordance with policy-based
metrics.
• Utilizes a powerful aggregation engine to provide a consistent framework for
consolidating exposures from multiple sources and transaction systems across an
organization.
• Provides exposure navigation from highest portfolio levels down to individual
transaction records.
• Supports mitigation at facility level individually or on a multiple basis.
• Supports mitigation through legal, master agreement netting.
Algo Credit Manager Extended Reporting Library (new in Version 5.2)
It requires:
• Algo Credit Manager Foundation - Base
• Algo Credit Manager Foundation Reporting Library
• Cognos® Business Integration
Algo Credit Manager Extended Reporting Library provides an integrated, historical
reporting database populated through a proprietary extraction and transformation
layer, as well as a Cognos Framework configured over this database for custom
report development. A series of extended reports beyond those provided through
the foundation reporting library is provided.
Algo Credit Manager Dashboard Manager (new in Version 5.2)
It requires Algo Credit Manager Foundation - Base.
Algo Credit Manager Dashboard Manager provides a support infrastructure through
which dashboard controls can be implemented and deployed to authorized users.
IBM United States Software Announcement 213-531 IBM is a registered trademark of International Business Machines Corporation 2
Functional highlights
• Dashboards can be configured and deployed to meet the specific requirements of
authorized users and have available to them the full set of data supported by the
Algo Credit Manager operational and business process database.
• Dashboards are seamlessly embedded within the Algo Credit Manager web-based
user interface and make use of underlying IBM Cognos Business Integration
technologies to support data access and presentation.
Algo Credit Manager Asset Register (new at Version 5.2)
It requires Algo Credit Manager Foundation - Base
Algo Credit Manager Asset Register enables full details of assets provided in support
of liens to be stored, managed and valued. General asset classes supported include
financial assets, real estate, moveable assets and life policies, each of which have
their own specific set of attributes and user interfaces.
Functional highlights
• Configurable rules enable asset eligibility criteria to be established according to
the collateral type to which they are assigned.
• Valuation of collateral is derived directly from the basket of assets provided in
support of the lien. Asset valuation can be applied through the application user
interface or can be loaded from external valuation systems. Proposed valuations
can be supported by a manual or workflow-controlled confirmation processes
according to configuration.
• Where required, asset valuations can be subjected to haircutting based on user
defined eligibility criteria to meet regulatory or internal policies.
Accessibility by people with disabilities
A US Section 508 Voluntary Product Accessibility Template (VPAT) containing details
on accessibility compliance can be requested at
http://www.ibm.com/able/product_accessibility/index.html
Program number

Program Program
number VRM name
5725-H49 5.2.0 IBM Algo Credit Manager
Education support
For education courses, visit
http://www-304.ibm.com/jct03001c/services/learning/ites.wss/zz/en?
pageType=page&c=a0003 096
Offering Information
Product information is available via the Offering Information website
http://www.ibm.com/common/ssi
Also, visit the Passport Advantage® website
http://www.ibm.com/software/passportadvantage
IBM United States Software Announcement 213-531 IBM is a registered trademark of International Business Machines Corporation 3
Publications
Product documentation will be provided as part of the software installation.
Technical information
Specified operating environment
Hardware and software requirements
Algo Credit Manager V5.2
Red Hat Linux
• Hardware requirements: Application server (minimum) 1
– Processor: 16 cores, 32 threads (Intel Xeon Processor E5 Family or equivalent)
– RAM: 48 GB
– Storage: 320 GB
• Hardware requirements: Database server (minimum) 1
– Processor: 8 cores, 16 threads (Intel Xeon Processor E5 Family or equivalent)
– RAM: 32 GB
– Storage: 320 GB
• Software requirements (minimum)
– Application server: Red Hat Enterprise Linux 6.3 (x86/64 architecture)
– Database server: Oracle 11g R2 Enterprise Edition (64-bit) 11.2.0.3
– Windows desktop: Windows 7 SP1 64-bit
– Browser: Microsoft Internet Explorer 8, 9, or 10
– Web application server: One of the following:
--WebSphere Application Server V8.5.5 (recommended)
--WebSphere Liberty Profile V8.5.5 (embedded)
– Messaging middleware (optional): One of the following:
--WebSphere MQ V7.1.0.1
--Glassfish MQ V4.5.2
– Document content management (optional): One of the following:
--IBM Filenet P8 V5.2.0
--EMC Documentum 6.7 SP2 (requires 64-bit Oracle client and 32-bit Oracle
client library files)
– Dashboard support (optional): Cognos 10.2.1 FP1
AIX
• Hardware requirements: Application server (minimum) 1
– Processor: 16 physical cores (Power 7 or equivalent)
– RAM: 48 GB
– Storage: 320 GB
• Hardware requirements: Database server (minimum) 1
– Processor: 8 physical cores (Power 7 or equivalent)
– RAM: 32 GB
– Storage: 320 GB
IBM United States Software Announcement 213-531 IBM is a registered trademark of International Business Machines Corporation 4
• Software requirements (minimum)
– Operating system: AIX 7.1 TL2
– Database server: Oracle 11G R2 Enterprise Edition 11.2.0.3
– Windows desktop: Windows 7 SP1 64-bit
– Browser: Microsoft Internet Explorer 8, 9, or 10
– Web application server. One of the following:
--WebSphere Application Server V8.5.5 (recommended)
--WebSphere Liberty Profile V8.5.5 (embedded)
– Messaging middleware (optional). One of the following:
--WebSphere MQ V7.1.0.1
--Glassfish MQ V4.5.2
– Document content management (optional). One of the following:
--IBM Filenet P8 V5.2.0
--EMC Documentum 6.7 SP2 (requires 64-bit Oracle client and 32-bit Oracle
client library files)
– Dashboard support (optional): Cognos 10.2.1 FP1
1
Typical hardware requirements for medium size implementation (500.000 Counterparties).
Additional resources might be required depending on the amount of data.
Algo Credit Manager 5.2.0 Foundation & Extended Reporting Library
Red Hat Enterprise Linux
Hardware requirements (minimum)
• Processor: 1 x86-64 (Intel Xeon Processor E5 Family or equivalent)
• RAM: 8GB
• Storage: 100GB
Software requirements (minimum)
• Operating System: Red Hat Enterprise Linux 6.3 (x86/64 architecture)
• Database: Oracle 11G Enterprise Edition (64-bit) R2 11.2.0.3
• IBM Cognos Business Intelligence V10.2.1 FP1
AIX
Hardware requirements 2 (minimum)
• Processor: POWER 7+
• RAM: 8GB
• Storage: 100GB
2
Requires hardware sizing based on given load (Refer to the products pre-installation
requirements, and technical questionnaire.)
Software requirements (minimum)
• Operating system: AIX V7.1 TL2
• Database: Oracle 11G Enterprise Edition R2 11.2.0.3
• Cognos Business Intelligence V10.2.1 FP1
IBM United States Software Announcement 213-531 IBM is a registered trademark of International Business Machines Corporation 5
Software requirements
The program's specifications and specified operating environment information
may be found in documentation accompanying the program, if available, such as
a README file, or other information published by IBM, such as an announcement
letter. Documentation and other program content may be supplied only in the
English language.
IBM Electronic Support
The IBM Support Portal is your gateway to technical support. This includes IBM
Electronic Support tools and resources, for software and hardware, to help save
time and simplify support. The Electronic Support tools can help you find answers to
questions, download fixes, troubleshoot, automate data collection, submit and track
problems through the Service Request online tool, and build skills. All these tools are
made available through your IBM support agreement, at no additional charge.
Read about the Electronic Support portfolio of tools: http://ibm.com/
electronicsupport
Access the IBM Support Portal: http://ibm.com/support
Access the online Service Request tool: http://ibm.com/support/servicerequest
Planning information
Installability
Software Subscription and Support (also referred to as Software Maintenance)
is included with licenses purchased through Passport Advantage and Passport
Advantage Express®. Product upgrades and technical support are provided
by the Software Subscription and Support (Software Maintenance) offering as
described in the Agreements. Product upgrades provide the latest versions and
releases to entitled software, and technical support provides access to IBM support
organizations, worldwide.
IBM includes one year of Software Subscription and Support (also referred to as
Software Maintenance) with each program license acquired. The initial period of
Software Subscription and Support (Software Maintenance) can be extended by the
purchase of a renewal option, if available.
Packaging
The following media packs are available:
• Algo Credit Manager V5.2 Multiplatform English
• Algo Credit Manager Dashboard V5.2 Multiplatform English
• Algo Credit Manager Reporting V5.2 Multiplatform English
This program, when downloaded from a website, contains the applicable IBM
license agreement and License Information, if appropriate, and will be presented
for acceptance at the time of installation of the program. For future reference, the
license and License Information will be stored in a directory such as LICENSE.TXT.
Software Services
IBM Software Services has the breadth, depth, and reach to manage your services
needs. You can leverage the deep technical skills of our lab-based, software services
team and the business consulting, project management, and infrastructure expertise
of our IBM Global Services team. Also, we extend our IBM Software Services reach
through IBM Business Partners to provide an extensive portfolio of capabilities.
Together, we provide the global reach, intellectual capital, industry insight, and
technology leadership to support a wide range of critical business needs.
IBM United States Software Announcement 213-531 IBM is a registered trademark of International Business Machines Corporation 6
To learn more about IBM Software Services or to contact a Software Services sales
specialist, visit
http://www.ibm.com/software/sw-services/
Ordering information
This product is only available via Passport Advantage. It is not available as
shrinkwrap.
These products may only be sold directly by IBM or by authorized IBM Business
Partners for Software Value Plus.
For more information about IBM Software Value Plus, visit
http://www.ibm.com/partnerworld/page/svp_authorized_portfolio
To locate IBM Business Partners for Software Value Plus in your geography for a
specific Software Value Plus portfolio, visit
http://www.ibm.com/partnerworld/wps/bplocator/
IBM Algo Credit Manager 5725-H49

Product category: Customer solutions
Passport Advantage
Part
Program name/Description number

Algo Credit Manager (5725-H49)

Algo Credit Manager Asset Register Currency Value Unit

License and Subscription & Support 12 Mo D128KLL
Subscription & Support Renewal 12 Mo E0IRLLL
Subscription & Support Reinstatement 12 Mo D128LLL

Algo Credit Manager Dashboard Manager Authorized User

License and Subscription & Support 12 Mo D128ULL
Subscription & Support Renewal 12 Mo E0IRQLL
Subscription & Support Reinstatement 12 Mo D128VLL

Algo Credit Manager Extended Reporting Library Currency
Value Unit

License and Subscription & Support 12 Mo D1295LL
Subscription & Support Renewal 12 Mo E0IRVLL
Subscription & Support Reinstatement 12 Mo D1296LL

For ordering information for existing Algo Credit Manager components, refer to
Software Announcement 212-410, dated October 2, 2012.
Passport Advantage Trade-ups
Part
Program name/Description number

Algo Credit Manager (5725-H49)

Algo Credit Manager Asset Register Currency Value Unit
Trade up from Algorithmics® legacy Lic and S&S 12 Mo D128MLL

Algo Credit Manager Dashboard Manager Authorized User
Trade up from Algorithmics legacy Lic and S&S 12 Mo D128WLL
IBM United States Software Announcement 213-531 IBM is a registered trademark of International Business Machines Corporation 7
Algo Credit Manager Extended Reporting Library Currency
Value Unit
Trade up from Algorithmics legacy Lic and S&S 12 Mo D1297LL

Media packs
Passport Advantage customer: Media pack entitlement details
Customers with active maintenance or subscription for the products listed are
entitled to receive the corresponding media pack.
Media pack
description Part number

Algo Credit Manager V5.2 (5725-H49)

Algo Credit Manager V5.2 Multiplatform English B503AEN

Algo Credit Manager Dashboard V5.2 Multiplatform English B503CEN

Algo Credit Manager Reporting V5.2 Multiplatform English B503BEN
Charge metric
PID
Program name number Charge metric

IBM Algo Credit Manager 5725-H49

Algo Credit Manager Asset Register Currency Value Unit
Algo Credit Manager Dashboard Manager Authorized User
Algo Credit Manager Extended Reporting Library Currency Value Unit
Authorized User
Authorized User is a unit of measure by which the program can be licensed. An
Authorized User is a unique person who is given access to the program. The
program may be installed on any number of computers or servers and each
Authorized User may have simultaneous access to any number of instances of the
program at one time. Licensee must obtain separate, dedicated entitlements for
each Authorized User accessing the program in any manner directly or indirectly
(for example, via a multiplexing program, device, or application server) through any
means. An entitlement for an Authorized User is unique to that Authorized User and
may not be shared, nor may it be reassigned other than for the permanent transfer
of the Authorized User entitlement to another person.
Note: Some programs may be licensed where devices are considered users. In that
case, the following applies. Any computing device that requests the execution of
or receives for execution a set of commands, procedures, or applications from the
program or that is otherwise managed by the program is considered a separate user
of the program and requires an entitlement as if that device were a person.
Currency Value Unit
Currency Value Unit (CVU) is a unit of measure by which the program can be
licensed. A conversion unit (CU) is a currency independent measure of monetary
amounts relevant to the licensing of the program. Currency specific monetary
amounts must be converted into CUs in accordance with the table located at
http://www.ibm.com/software/licensing/conversion_unit_table
The CUs are then divided by the designated measure of the program to obtain
the resulting units for which licensee must obtain sufficient CVU entitlements, as
specified in the table below. CVU entitlements are specific to the program and may
not be exchanged, interchanged, or aggregated with CVU entitlements of another
program.
IBM United States Software Announcement 213-531 IBM is a registered trademark of International Business Machines Corporation 8
Currency Value Unit Conversion Table
From 1 to 2 CU, 1.00 CVUs per CU
From 3 to 5 CUs, 2 CVUs plus 0.90 CVUs per CU above 2
From 6 to 10 CUs, 4.7 CVUs plus 0.80 CVUs per CU above 5
From 11 to 20 CUs, 8.7 CVUs plus 0.70 CVUs per CU above 10
From 21 to 35 CUs, 15.7 CVUs plus 0.60 CVUs per CU above 20
From 36 to 50 CUs, 24.7 CVUs plus 0.45 CVUs per CU above 35
For more than 50 CUs, 31.45 CVUs plus 0.30 CVUs per CU above 50
The monetary amount is the maximum amount of balance sheet assets
processed or managed by the program at any time. The designated measure is one
hundred billion (10 to the 11th power) CUs.
Terms and conditions
The information provided in this announcement letter is for reference and
convenience purposes only. The terms and conditions that govern any transaction
with IBM are contained in the applicable contract documents such as the IBM
International Program License Agreement, IBM International Passport Advantage
Agreement, and the IBM Agreement for Acquisition of Software Maintenance.
This product is only available via Passport Advantage. It is not available as
shrinkwrap.
Licensing
IBM International Program License Agreement including the License Information
document and Proof of Entitlement (PoE) govern your use of the program. PoEs
are required for all authorized use. Part number products only, offered outside of
Passport Advantage, where applicable, are license only and do not include Software
Maintenance.
This software license includes Software Subscription and Support (also referred to as
Software Maintenance).
These programs are licensed under the IBM Program License Agreement (IPLA)
and the associated Agreement for Acquisition of Software Maintenance, which
provide for support with ongoing access to releases and versions of the program.
IBM includes one year of Software Subscription and Support (also referred to as
Software Maintenance) with the initial license acquisition of each program acquired.
The initial period of Software Subscription and Support (also referred to as Software
Maintenance) can be extended by the purchase of a renewal option, if available.
These programs have a one-time license charge for use of the program and an
annual renewable charge for the enhanced support that includes access to technical
support, as well as access to updates, releases, and versions of the program as long
as support is in effect.
License Information form number
L-MHET-9A4KTQ: Algo Credit Manager V5.2
L-MHET-9AYKNV: Algo Credit Manager Dashboard Manager V5.2
Limited warranty applies
Yes
Limited warranty
IBM warrants that when the program is used in the specified operating environment,
it will conform to its specifications. The warranty applies only to the unmodified
portion of the program. IBM does not warrant uninterrupted or error-free operation
IBM United States Software Announcement 213-531 IBM is a registered trademark of International Business Machines Corporation 9
of the program or that IBM will correct all program defects. You are responsible for
the results obtained from the use of the program.
IBM provides you with access to IBM databases containing information on known
program defects, defect corrections, restrictions, and bypasses at no additional
charge. For further information, consult the IBM Software Support Handbook found
at
http://www.ibm.com/support/handbook
IBM will maintain this information for at least one year after the original licensee
acquires the program (warranty period).
Program technical support
Technical support of a program product version or release will be available for
a minimum of three years from the general availability date, as long as your
Software Subscription and Support (also referred to as Software Maintenance) is
in effect. This technical support allows you to obtain assistance (via telephone or
electronic means) from IBM for product-specific, task-oriented questions regarding
the installation and operation of the program product. Software Subscription
and Support (Software Maintenance) also provides you with access to updates
(modifications or fixes), releases, and versions of the program. You will be notified,
via announcement letter, of discontinuance of support with 12 months' notice. If
you require additional technical support from IBM, including an extension of support
beyond the discontinuance date, contact your IBM representative or IBM Business
Partner. This extension may be available for a fee.
Money-back guarantee
If for any reason you are dissatisfied with the program and you are the original
licensee, you may obtain a refund of the amount you paid for it, if within 30 days of
your invoice date you return the program and its PoE to the party from whom you
obtained it. If you downloaded the program, you may contact the party from whom
you acquired it for instructions on how to obtain the refund.
For clarification, note that (1) for programs acquired under the IBM International
Passport Advantage offering, this term applies only to your first acquisition of the
program and (2) for programs acquired under any of IBM's On/Off Capacity on
Demand (On/Off CoD) software offerings, this term does not apply since these
offerings apply to programs already acquired and in use by you.
Volume orders (IVO)
No
Passport Advantage applies
Yes, and through the Passport Advantage website at
http://www.ibm.com/software/passportadvantage
Usage restriction
Yes. For additional information, refer to the License Information document that is
available on the IBM Software License Agreement website
http://www.ibm.com/software/sla/sladb.nsf
Software Subscription and Support applies
Yes. Software Subscription and Support (also referred to as Software Maintenance)
is included with licenses purchased through Passport Advantage and Passport
Advantage Express. Product upgrades and Technical Support are provided by
the Software Subscription and Support offering as described in the Agreements.
Product upgrades provide the latest versions and releases to entitled software and
IBM United States Software Announcement 213-531 IBM is a registered trademark of International Business Machines Corporation 10