Rating Manager

The Rating Manager is a web-based application for operative performance of ratings (e.g. by Credit Analysts, Loan Underwriters). The following illustration shows the general workflow for a typical credit risk rating process:

Data Collection and Retrieval for Credit Risk Rating

All inputs for a credit risk rating can be loaded automatically from external systems as well as captured manually by end-users. The required user interfaces to capture input data and to display rating results are dynamically generated from the Rating Models that have been implemented using the Model Authoring Platform.

Risk Rating

From the Rating Manager the Rating Services are invoked for the calculation of different risk parameters. The key risk parameters are the Probability of Default (PD) and the Loss Given Default (LGD) for the different lending portfolios.

Rating Approval Process

The rating calculation is embedded into a comprehensive risk rating workflow. Rating results can for example be manually overridden by the Credit Analysts (“Override”) and are subject to a dedicated rating approval process.

Management and Monitoring of Ratings

Ratings are stored and managed in personalized Credit Analyst’s worklists. Historic ratings can be searched and displayed.

All ratings are marked by validity dates, as Basel II requires a yearly review. Ratings that become invalid will be added to the Credit Analyst’s worklist. New obligor ratings can be created by using existing ratings as templates.