INDUSTRY SECTORS

INDUSTRY SECTORS
Solutions and products in line with your needs

 

Any business that depends on the creditworthiness of others must find ways of assessing this risk in order to manage it properly. A structured and methodologically sound approach to credit risk assessment requires considerable resources and expertise. We are happy to lend a hand: RSU – cooperation, diligence, competence.

BANKS

Banks are facing unprecedented challenges today, from low interest rates to stricter regulatory requirements to new market participants.

We are convinced that institutions can only solve these issues together. Our systems rely on a common data pool that benefits all contributors: meaningful statistical analyses require a certain amount of data. The more – the better, and the more accurate the forecasts. Where data is scarce, it will also be difficult to provide statistical evidence of the validity of the systems to internal and external auditors.

Are you looking for a solid statistical foundation for your economic risk management? Seeking to fill rating gaps? Preparing to file for IRBA approval?

We are pleased to assist you in analysing your risk management requirements:

Institutional investors

Persistent low interest rates and stricter regulatory requirements due to Solvency II pose considerable investment challenges to insurance companies and their asset managers.
The Federal Financial Supervisory Authority (BaFin), the ECB, and the EIOPA have introduced extensive regulation for the management of investment risks by institutional investors. To be able to assess the full range of investment options, including non-standard exposures, investors need to be able to calculate risks precisely.

Apart from expanding their expert capacities it is crucial for insurers and asset managers to adopt a reliable assessment methodology. High standards must be met in respect of the quality and validity of the systems used, resulting in a need for solid underlying data. Only if the underlying dataset is large enough, can accurate forecasting systems be developed that will prove reasonably stable over time. This will also allow to provide statistical evidence of the validity of the systems to internal and external auditors.

Insurers must assess the credit risk of exposures themselves. However, it is possible to outsource those skills that fall outside their core expertise: we provide the models and the software – you the necessary input and judgement.

Our systems for measuring default risks are accurate and up to date; they are tested regularly and are properly implemented. This is substantiated by appropriate documentation.
A unique dataset, which grows continuously, forms the basis for the development and validation of our rating models.

We are pleased to assist you in analysing your risk management requirements: