Dual risk rating platform delivers accurate, efficient, and compliant credit risk workflows

Challenge

The project’s goal was to implement a highly flexible and robust platform hosting the bank’s internal risk rating models.

• Consolidation of all bank-internal rating models (PD and LGD models) onto a single dual risk rating platform.
• Implementation of all rating models in close collaboration with the bank’s risk management team
• Consistent, user-friendly risk rating workflows for the credit analysts
• Integration with upstream (e.g. financial spreading, CRM) and downstream (e.g. data warehouse) systems
• Full audit trail at design-time and runt-time

Solution

ACTICO products in use

Credit Risk Management Platform

Impact

By introducing the ACTICO Credit Risk Management Platform the credit analysts benefit from a more structured consistent rating workflow.

• Centralized platform for the implementation of a dual risk rating platform
• High flexibility to implement, test and deploy new or updated rating models
• Elimination of data silos
• Increased efficiency and save costs
• Fulfillment of compliance regulations

As a result, the bank has now complete control over risk models and processes and is now in a better position to significantly enhance their dual risk rating process.