Objective

To help a large European bank meet regulatory requirements through the creation of Basel II/III Dashboards.

Challenges

• Lack of clear requirements and standards for Basel dashboards
  
• Need to standardize formats across geographic regions
  

CRISIL's Solution

• CRISIL deployed a project management team comprised of 15 consultants, including Project Manager, Business Analysts and UAT Analysts - all with solid understanding of credit risk and Basel II/III dashboards
• Formed a daily forum with client stakeholders across geographies to address issues, ensure data integrity and create proper reporting dashboards
• Documented formats for all report dashboards
• Detailed process flow diagrams for analysing dashboard data flows
• Developed end-to-end automated dashboard templates with sufficient control checks
• Produced model understanding documentation and scenario analysis templates for Basel II/III models
  

Client Impact

• New Reporting Dashboards facilitated easy reconciliation of credit risk data and enabled the bank to meet Basel II/III reporting requirements efficiently 
• Dashboard framework designed to accommodate future regulatory requirements and changes
• Dashboards provide fast and easy access to vital data, informing key strategic decisions
  

Questions

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