Credit Risk

Prognoz Credit Risk enables you to assess credit portfolio risks accurately, reduce financial losses, and speed up the processing of reporting data.

With Prognoz Credit Risk, you can maintain centralized counterparty profiles and store large volumes of analytical data. The application integrates with the existing ABS and CRM. After batch-processing the financial statements of counterparties, the data is loaded to a unified database accessible to different users and divisions simultaneously. The system builds models to derive a counterparty’s internal credit rating (using the IRB approach) and default probability as per the recommendations of the Basel Committee and the Central Bank of Russia; it analyzes and consolidates reporting from related parties; and it provides embedded methods that analyze the financial position of counterparties. Based on this data, the system estimates the maximum credit risk limit for a particular counterparty. Our product enables you to analyze the risks of any counterparties, including shareholders, beneficiaries, and affiliates. The embedded methods enable you to estimate provisions for losses.

Prognoz Credit Risk also enables you to deliver consolidated reports and analytical notes on the financial position of borrowers.

The solution is designed to support client managers, executives, and staff of risk management divisions, divisions responsible for appraising loan loss reserves, and divisions responsible for collateral evaluation and monitoring.

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