CRISIL is the partner of choice for both "run the bank" and "change the bank" initiatives.
Leveraging our deep functional knowledge and technical expertise, CRISIL helps banks implement key transformations in risk functions such as risk policies & appetite frameworks, risk/scenario computation & portfolio analytics and risk reporting frameworks.
Extensive experience and broad capabilities allow CRISIL to deliver value by breaking up internal silos and integrating incongruent technology platforms that undermine the effectiveness of a comprehensive risk management program.
Solution Components
Risk Transformation
Market and credit risk change
Exposure management
IBOR transformation
Risk data management and reporting
Process re-engineering
Business Transformation
Defining risk methodologies
Regulatory impact analysis
Data governance frameworks
Front-to-back harmonisation of systems
Infrastructure rationalisation and migration
Process re-engineering
Smart automation utilizing RPA, NLG, NLP, Blockchain, and ML
Risk & Finance Integration
Current state, gap, and impact analysis
Identifying common data fields and mapping data flows
Creating metadata and a centralized reporting platform
Realigning processes across risk and finance
Standardizing and automating reporting through templates
Documenting and managing data lineage
Aligning data governance and transformation methodologies
Implementing consistent controls and policies
Regulatory Change and Reporting
Gap analysis and remediation plan
Impact assessment on data, people, processes, and reporting requirements
Regulatory interpretation
Defining business requirements
Data analysis and system development
Testing and implementation
Regulatory reporting for Basel (Pru-Val), Volcker, etc.
Deep expertise across asset classes – Equity, FX, IR, Commodities, Credit
Blended expertise across domain, technology, systems and regulation
Sound knowledge of derivative products – Vanilla, Exotic, Structured Notes, ETF's
Solution accelerators through process automation and proprietary utilities, tools, frameworks and templates