Gain a Comprehensive View of Your Firm's Counter-Party Risk By Combining Financial Spreading, Credit Analysis & Robust Data Storage Using One Flexible, Secure Enterprise Platform
Today, banking regulators are demanding a shift from a credit review process contingent on the opinions of individuals to a systematic process based on objective inputs and understood internal rating models that best predict default events. This change, primarily driven by the need for more accurate, timely risk assessments, is critically dependent on standardized financial and non-financial risk inputs. At the same time, regulators are requiring banks to document the inputs and outputs of their internal ratings processes. The challenge of bringing this data together is further complicated by the fact that bank portfolios are diverse, operating across many different credit types and geographies.