Optimize credit risk model performance with meticulous data preparation. Transform raw data into structured format. Iterative process ensures relevancy over time. Explore, treat missing/outlier…
This article discusses how Finalyse carries out implementation of BCBS 239 projects. It shows the stumbling blogs that typically hinder implementation of such projects, such as big-bang approach or…
This article unveils challenges of implementing changes on complex tools that use advanced databases. Based on the example of QRM Analytical Framework, it recommends a suitable change management…
This article discusses the main steps of data preparation, which determine the required fields/attributes that represent the baseline for model development where relevant data quality controls are…
Explore the journey of enhancing risk management practices in major banks through BCBS 239 compliance. Learn how the Basel Committee's data management framework aims to improve risk reporting and…
Practical Implementation and the ECB’s Guide
Key Areas Outlined in the ECB’s Guide on Climate-Related Risks
ECB's November 2020 guide on climate and environmental risks highlights 13 key areas,…
The European Banking Authority’s (EBA) Draft Guidelines on ESG Risk Management, issued in January 2024, usher in a significant shift in the banking sector’s approach to environmental, social and…