Crisil is a strategic partner for “run the bank” and “change the bank” initiatives for the risk and finance divisions. We deliver complex transformational change programs that help organizations meet regulatory, efficiency and profitability objectives. Our deep expertise in risk and finance regulations make us the ideal partner for new regulatory implementation. At the same time, we help manage, streamline, and optimize ongoing business operations.
Solution Components
Risk & Finance Integration
Current state, gap, and impact analysis
Identifying common data fields and mapping dataflows
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
Risk Transformation
Market and credit risk change
Exposure management
IBOR transformation
Risk data management and reporting
Process re-engineering
Finance Transformation
Product and valuation control
Reporting under COREP (Capital, RWA & Liquidity), FINREP, large exposures, LCR & NSFR, statistical reporting (Central Bank Reporting), MLAR, IFRS 9, CCAR
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 domain expertise across risk and finance processes, data, and systems
End-to-end services across business analysis, data management, application development, project management, and implementation
Strong regulatory knowledge across Capital Regulations (Basel II/III/IV, CRD IV/V) and Liquidity Standards (LCR / NSFR)
Ready solutions and accelerators for reconciliation, testing, data models, etc.