Banks that use the Advanced Internal Rating Based approach to manage their credit risk have to monitor their credit models on a continual basis. Time constraints are one of the major issues in generating these sophisticated reports frequently across a variety of products. A tier 1 South African Bank’s CVM’s monitoring process required several enhancements to convert repetitive manual reporting into an automated process.
How we helped their business grow:
Fully automated model monitoring framework with:
High quality research on model monitoring reports:
Documentation to support the automated solution.
Standardised report output and application of refined formatting techniques.
Catering for multiple products and the addition of new products.
Continuous engagement with the client.
Carefully planned and comprehensive approach.