Transformation like it should be
A leading bank needed to change their half a year month stress testing reporting process to a fraction of the time to meet regulatory and operational drive. The business case was to provide the Chief Economist’s office and regulators with an agile and highly responsive process to produce clarity and directional reports. Delivering this required multi -dimensional business, technology, and in depth procedural change, working business and technical partners from across a spectrum of capabilities to deliver this in the planned timeframe.
The Key Touchpoints
Data Cleanse, Restructure and Mapping
Target Operating Model Transformation
Risk Infrastructure and Technology Delivery
Risk Models and Validation Framework
Requirements Clarification and Codification
Automation Strategy and Planning
What we did
Appointed to deliver a Stress Testing Solution and extended infrastructure and IT capability to house, process and support Credit Risk Modelling lifecycle, Data, and IT deliverables, across lines of business, wherein we were responsible or identifying and appointing and directing delivery partners. Responsible for getting business case signed off and translating the requirements into a programme and bringing resource on board to implement as well as running process of developing the underlying for stress testing.