Investment Bank

Delivered a new Crossing Engine (Darkpool) for a Leading Investment Bank

IRB Programme Mobilisation.

When a leading Merchant Bank wanted to embark on an IRB transformation, they wanted a trusted partner that understood Credit Risk but also an experienced hand in running Regulatory & Technology transformation

The Brief

Being awarded IRB status confirms a bank has sophisticated risk management capability when it comes to calculating capital requirements and naturally this brings a number of advantages to the organization.

Complying with the IRB credit risk approach needs significant internal resources and a willingness to tackle an extremely complex transformation

The Solution

Our flexible consultation approach has helped our clients create a successful IRB waiver programme and achieve advanced IRB status. By calling on our advanced analytical and modelling expertise, you can avoid regulation ever becoming an unwieldy burden on your in-house team.

We are experts in the regulation and modelling components that underpin an advanced IRB status.

The Outcome

We monitor all changes in regulation and help banks and building societies calculate the cost benefit of adopting an internal ratings-based approach. Our team brought clarity and structure to both the regulatory impacts and the transformation programme across the enterprise from Technology through to Operating model and ensuring the organization is ready to understand, adopt and transform the organization.

With new banks emerging at a faster rate than ever, securing IRB status enables organizations to optimize their capital and gain a competitive advantage in a growing market.