Tier one bank required a full rebuild of their Large Corporate suite of PD models.

This engagement included: leading an internal development team, updating and improving methodologies, leading the management of relationships with key stakeholders and providing technical insight, knowledge and experience.

Our solution required experience across the credit asset classes and frontline understanding of the lending process.

Leading the internal model development team through the steps of: data extraction and preparation, model development, banker and credit executive engagement, implementation, policy update and setting a monitoring framework.

This assisted in solving multiple data issues and improving policy and processes around the model.

Our experience proved critical and the bank was able to achieve a great outcome with improved buy-in from the frontline.

Delivered 3rd generation Large Corporate models across multiple segments.

Improved understanding of the bank’s internal data, in particular better understanding of groupings of related entities.

Updated policy and process around the model to reflect customer grouping. This results in improved credit process and accuracy and as a by-product in improved data collection for model monitoring and future model developments.

Uplift in capacity for the internal model development team.