ElysianNxt
ElysianNxt provides real-time enterprise-wide data management, risk, and finance software solutions.
ElysianNxt is positioned as a pioneer in real-time enterprise-wide Data Management, Risk and Finance software solutions. The company operates in the financial services sector.
Key People
Chris Puype - CEO & Founder
Matthias Coessens - Managing Director EMEA
In the media3
Chris Puype discusses a white paper co-authored by Elysian NXT and Avantage Reply on the risk function of the future, which originated from a CRO survey identifying pain points for chief risk officers in financial institutions.
Chris Puype discusses the Dragon Release of ElysianNxt's flagship products, highlighting new features including a lifetime PD at origination calculator for IFRS 9 users that compares probability of default at reporting date versus origination to help identify credit risk changes. He also covers improvements to overlay functionality, new Basel 4 revisions support with flexible CRM configuration, and a newly introduced credit spread risk in the banking book component required by EBA guidelines, along with enhanced reporting capabilities and data lineage tracking across the platform.
Chris Puype hosts Pete Milla, director of risk, to discuss stress testing in financial institutions, with Milla explaining that stress testing means different things to different organizations and that banks have historically underinvested in proper stress testing capabilities as part of their risk management frameworks.