Credit Risk Software Available, Software for Basel II, SAS, LGD

Credit Risk Software Available for Basel II

Here are some Credit Risk Software available for Basel II projects. Some of the software has the ability to calculate LGD Loss Given Default.

Below is some information on the SAS offering. To view more visit their website.

SASŽ Credit Risk Management Software for Basel II

Accurately assess and report the risk of potential credit losses and calculate the capital reserves required to adequately cover that risk.

SAS Credit Risk Management enables you to:

ˇ Access and aggregate credit data across disparate systems and sources.

ˇ Seamlessly integrate credit scoring/internal rating with credit portfolio risk assessment.

ˇ Accurately forecast, measure, monitor and report potential credit risk exposures across the entire organization, both on the counterparty level and portfolio level.

ˇ Evaluate alternative strategies for pricing, hedging or transferring credit risk.

ˇ Optimize allocation of regulatory capital and economic capital.

ˇ Facilitate regulatory compliance and risk disclosure requirements for a wide variety of regulations such as Basel II.

The SAS solution provides an open, extensible environment with complete capabilities for retail credit scoring, corporate credit rating and credit portfolio risk management. The system is transparent and auditable, thereby facilitating supervisory review, both internally and by regulators, as required by Basel II and other regulations.

Banks and other lending institutions must constantly balance risks and rewards. Too high a price on loan products, and you lose the customer; too low, and you starve the profit margin or take a loss. Too much capital on reserve, and you miss investment revenue; too little, and you risk regulatory non-compliance and financial instability.

From SAS, a leader in analytics for the financial services industry

SAS solutions serve more than 2,000 financial services firms worldwide, including 97 percent of Fortune Global 500 banks. More than 25 percent of SAS customers are from the financial services sector.

Risk Management Software Information.