Rating Manager

The Rating Manager is a web-based application for business experts such as Credit Analysts and Loan Underwriters to perform ratings. The following illustration shows the general workflow for a typical credit risk rating process:

Data Collection and Retrieval for Credit Risk Rating

All input for a credit risk rating can be loaded automatically from external systems as well as captured manually by end-users. The necessary user interfaces to input the data manually and to display rating results are dynamically generated from the Rating Models using the Model Authoring Platform.

Risk Rating

From the Rating Manager, executable Rating Services are invoked to calculate different risk parameters. The key risk parameters are the Probability of Default (PD), Loss Given Default (LGD) and Exposure At Default (EAD) for the different lending portfolios.

Rating Approval Process

The rating calculation is embedded in a comprehensive risk rating workflow. Rating results are subject to a multi-stage rating approval process but can be manually overridden by the Credit Analysts.

Management and Monitoring of Ratings

Ratings are stored and managed in personalized Credit Analyst’s worklists. Historic ratings can be searched and displayed.

All ratings are annotated with validity dates, since Basel II requires a yearly review. Ratings that become invalid will be added to the Credit Analyst’s worklist. New obligor ratings can be created using existing ratings as templates.