Credit risk management is increasingly vital for many aspects of a bank's operations. As the importance of external ratings for internal risk management purposes decreases, the necessity of internal rating models and portfolio management is on the rise. Therefore, a ratings philosophy is key for a better understanding, interpretation and management of the risk metrics of a bank’s credit portfolios. Furthermore, improved credit risk management will contribute to better control and improvement of regulatory and economic capital ratios.
As of November, Zanders is conducting a European benchmark study into credit risk modeling. The aim is to provide banks with an overview of the quality of their credit risk framework. The analysis ranges from philosophy, data systems, validation processes and portfolio management to name just a few subject areas.
The Zanders European Credit Risk Modeling Benchmark study offers banks the unique opportunity to compare the status and quality of their own credit ratings and portfolio management framework to other European banks and industry peers. Zanders will provide each participating bank with detailed and tailor-made reports. The first report will describe the quality of the bank’s existing framework and will include practical advice and suggestions for improvements. Regular quantitative reports will then follow in which the bank’s results will be compared to other banks from the latest research sample.
Please contact Evert de Vries if you would like more information: +31 35 692 89 89.
