Engineering Risk, Capital and Efficiency for Banks and Companies

Swissdacs GmbH is an independent engineering company working at the intersection of risk, capital and efficiency for banks and companies. We help them size capital and liquidity to what a portfolio requires — and release the rest, defensible line by line.

The problem: capital trapped in silos

Inside most banks, the three questions that decide how profitable a portfolio can be are answered in different rooms. The risk function measures exposure. A separate capital or regulatory function translates that exposure into required capital. Treasury and ALM manage funding and liquidity around it. Each discipline is rigorous on its own terms, yet because they are calibrated separately and at different times, the result is almost always the same: more capital is held against a book than the book requires. That trapped capital earns nothing. It cannot be lent again, cannot support new business, and it depresses the return on every unit of capital the institution holds.

Three values, one calibrated system

Swissdacs treats those questions as one. Every credit exposure, every portfolio, every balance sheet carries three intertwined values at the same moment: the risk it holds, the capital it ties up, and the efficiency it could achieve. We engineer them together — so risk is measured precisely, capital is sized to what is needed at a defined level of confidence, and efficiency follows as a consequence rather than an afterthought. The outcome is not a lower number for its own sake; it is the correct number, defended.

Harmonia©

At the centre of our work is Harmonia©, our proprietary deterministic calibration engine. Harmonia condenses what banks today compute across four separate desks into a single, transparent, auditable mechanism. It reads a portfolio position by position, calibrates risk and capital to a defined confidence level, derives the residual loss that needs to be held, and separates that residual tail from the part of the book that is structurally protected. Because it is deterministic, the same inputs always produce the same result — no model drift, no hidden assumption, and every figure traceable back to its source and reproducible for a regulator, an auditor or a treasury committee.

Governed, and defensible by construction

We do not pursue capital relief through opacity or aggressive interpretation. Everything Swissdacs engineers is built to be defensible line by line: consistent with the prudential framework the institution already operates under, with the calibration logic kept clearly separate from — and in support of — the regulatory arithmetic itself. Our methods are framework-agnostic in how they are applied, but they always remain inside recognised regulatory categories. The test we hold ourselves to is simple: an outcome must be defensible line by line, in front of the people whose job is to challenge it.

What we engineer

The same engineering discipline produces several distinct applications:

• Leasing and factoring portfolio optimisation — freeing the capital tied up in working-capital books, where granular, short-dated exposures are often capitalised far more heavily than their true loss behaviour warrants.
• Bank capital efficiency — sizing required capital to what a portfolio needs, and releasing CET1 where the conventional treatment is conservative beyond the evidence.
• Structured Loss Absorption (S.L.A.©) — Swissdacs' own methodology for engineering precisely where, and in what order, losses on a portfolio are absorbed.
• Insurance-backed portfolio protection — pairing calibration with credit protection from rated insurers, so recognised risk transfer does the work the structure is designed to do.

Who we work with

Swissdacs works directly with banks, leasing and factoring companies, insurers and the legal and advisory teams around them. We are equally at home freeing capital on an existing book and structuring a new programme from first principles. In every engagement the deliverable is the same: a calibrated, documented, defensible result that the institution can take to its regulator and its auditor with confidence.

The company

Swissdacs GmbH is registered in Switzerland, with offices in Appenzell (CH) and Höchst (AT). Harmonia© and Structured Loss Absorption (S.L.A.©) are proprietary to Swissdacs. To discuss a portfolio or an application, contact info@swissdacs.com, or visit harmonia.engineering to see the engine behind the work.