Market Risk, ALM, Funding and Liquidity Credit Technical Risk and Underwriting Insurance Risk, Underwriting and Actuarial Services Operational Risk Investment Risk Firmwide Risk Management Strategy Operations Business Transformation and Program Management Corporate Finance and M&A Regulatory and Compliance Basel2 and Solvency2 IT
Retail Banks Commercial Banks Investment Banks Asset Management Pension Funds Life Insurance Non-Life Insurance Corporate Treasury Private Equity
Our Client Services in 2007 Our Service Delivery Options in 2007 Training Secondment Consultancy Recruitment

A GlobeRisk Perspective on Credit Risk Management

Basel2 is imminent. Over the last five years the quality of risk rating models has improved dramatically, senior management can now sit back and take value out from the very considerable investment involved…. Or can they?

The rank ordering discriminatory power of default rating tools has certainly improved but a number of important areas remain to be addressed. These include:

In 2007 economic conditions banks also need to invest in collections , recoveries and workout capabilities to maintain a measure of control should interest rates rise further. On both corporate and consumer sides new technologies are offering considerable scope to improve the outcome from problem loan categories (both pre- and post- default)

Portfolio management has seen a lot of attention in recent years. Unfortunately, rather like RAROC in the mid 1990's much portfolio management effort misses the point and organisations are not achieving good value. Key issues include:

GlobeRisk Credit Risk Consultancy Services

In 2007 GlobeRisk can offer the following credit risk management services: