Clients & Sectors

Unsecured Lending

A third example of our work is our recently completed project for a large retail bank to support their application for IRB status. The project was in the unsecured lending area and involved significant challenges, including the need to develop new methodology to properly address the problems faced.

The components of the project were:

Sourcing appropriate external data

Addressing the problem of deteriorating credit quality through time

Modelling probability of default through an economic cycle