INTERNATIONAL BANK | Straterix
Our software is a breakthrough in financial modelling, applying advanced algorithms, machine learning and data mining to measure our clients’ key performance indicators under any future scenario. It enables a new range of financial analyses that were previously impossible.
DFAST,Dodd-Frank Act stress testing,scenario design,scenario expansion,CCAR,Comprehensive Capital Analysis and Review,financial regulation,stress testing,Financial Institution,Banking Regulations,Banking Compliance,banking Regulatory Reporting,Risk Drivera,Economic Forecast,IFRS9,CECL,Reg Tech,OCC
17740
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INTERNATIONAL BANK

Fast and robust scenario expansion

The problem

  • Meaningful scenario design requires thousands of variables  for internal stress testing
  • The board’s and management’s “what-if” questions required coming up with  full-fledged scenarios, based on just one or two given variables 

THE SOLUTION

  • Straterix’s Xpand and Core Variable Expansion (CVE) modules were used for expanding given core variables into full-fledged scenarios
  • SaaS solution and training delivered in less than 4 weeks
  • Model customization to satisfy bank-specific needs was completed within two months

The business case

  • Using external consulting services to address these questions was extremely costly
  • The quantitative process used internally, considering thousands of variables was extremely time consuming (weeks / months)

The results

  • Addressing  management and board questions, as well as expanding scenarios for stress testing is now done within hours if not minutes
  • Results are substantiated by automated back-tests to continuously validated the model results
  • The client achieved significant savings compared to using external consulting 
International bank - TOP