The ICAAP is not a report, it is a way of life.  By assessing capital adequacy assessment as part of the day to decision making and recording that process, you are producing an ICAAP but as part of business development.

Adequate System and Procedures:

Dac4cast is a comprehensive, dynamic, enterprise quality business system running on an advanced database complete with security, audit trails, roll back recovery and functionality expected of a proper system. 

Identify, Measure, Monitor Capital Exposure:

Dac4cast has a modelling engine that carries out 100,000 plus calculations to present management and directors the capital exposure on a regular basis, not only the current and past exposures but also future exposure according to future business plans. 

Measuring on a continuous basis:

Dac4cast automatically captures banking book and General Ledger positions on a regular basis and recalculate Capital exposure based on the latest actuals.  Dac4cast incorporates perpetual planning enabling continuous review of future capital exposure. 

Capital Plan Consistent with business plans:

Dac4cast encompasses all facets of strategic planning, management & board reporting, marketing plans, financial planning, etc.  The same system used to produce all other business plans is the same system used to produce Capital Plans. 

Subject to effective & comprehensive review:

Dac4cast is subject to constant review and audit for the purposes of regulatory reporting by internal auditors, external auditors and APRA auditors.  As it is the same process for producing 5 year capital plans, perpetual planning and what if scenarios ensures that  the ICAAP functionality of Dac4cast is constantly being reviewed. 

Pandemic Planning:

As any system in an ADI, ICAAP is subject to meeting the Pandemic Planning requirements.   Dac4cst being an automated modelling system enables ICAAP measuring to still occur in a pandemic event.

Alert Triggers:

Dac4cast goes a step further than alerting management when capital thresh holds are crossed.  Dac4cast modelling system identifies that business plans will trigger problems in the future in time for management to take action.