Credit Risk Rating system at a Top 10 U.S. Bank
Leading American financial services company overhauls risk rating processes using Credit Risk Management Platform
About The company
A leading American bank holding company specializing in credit cards, auto loans, banking, and savings accounts.
- Top 10 U.S. bank with 900 branches
- 45 million customer accounts; 40,000+ employees
- Total assets: USD 300+ billion
ABOUT THE PROJECT
- Implementation and roll-out of Credit Risk Management Platform
- Over 27 scorecards for PD and LGD ratings
- Rating scorecards originally implemented by Deloitte as a partner (and then handed over to bank)
- Integration with existing systems (e.g. Moody’s Risk Analyst)
Customer Benefits
- Moving from Excel-based applications to a future ready & scalable technology stack
- Compliance with extensive regulatory requirements
- Platform approach to support parts of business and credit portfolios of the future