Credit Risk Rating Models visually implemented
Deutsche Genossenschafts-Hypothekenbank AG (DG HYP) is the banking specialist for commercial real estate financing within the DZ Bank Group. DG HYP is currently deploying a leading-edge credit risk rating application that is also slated for adoption by the Federation of Volksbanken and Raiffeisenbanken.
The rating project will allow DG HYP to consolidate the technical landscape for its Basel II PD and LGD calculation models.
The objectives, in a nutshell:
- Methodical enhancements, with a short time-to-market
- One central system for all IRBA-relevant calculation models
- Providing the models in the form of a service available to Volksbanken and Raiffeisenbanken
- High performance of quantitatively demanding and complex cash flow models
Bosch Software Innovations spoke with the director of the Credit Risk Controlling department, Dr. Stefan Krohnsnest, about the current state of their credit risk rating application, and asked him what he sees in store for the future.
Read the complete interview (December 2008)
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