Knowledge
06/24
SCRA: Everything you need to know about implementation
With the introduction of FinAPU SCRA, we have developed a powerful tool specifically designed to efficiently manage the…
FinAPU offers standardised approaches to credit risk management and enables the evaluation of counterparties on the basis of highly up-to-date data. The application is flexible, customisable and designed to be user-friendly in order to allow for an adequate limitation of counterparty risks, an upgrade of risk management and an increase in the efficiency of internal processes. The risk classification procedures are adapted to each Basel II segment and take into account both quantitative and qualitative criteria.
Counterparty ratings based on highly up-to-date data: Ratings are available for all counterparties, whether rated by an agency or listed. Models are reviewed and validated annually
Use of relevant indicators in the risk classification process: Consideration of quantitative and qualitative criteria (soft facts).
All criteria and their interaction documented in a comprehensive and transparent manner
Early warning systems for early detection of borrower-related and overall business risks
Real-time risk identification through news alerts: timely initiation of countermeasures
Rating forecasts using economic models for early risk identification
Systematic, comprehensible and meaningful risk reports
Flexible reporting: risk reports can be submitted in the tool or sent by e-mail
Comprehensible documentation of necessary and initiated measures
Individual risk strategy in the risk report on the dashboard: consideration of type, scope and risk content of the transactions
Planning according to credit types, industry focus, geographical distribution (including regions, countries) and distribution of exposures in the risk classification procedure
Consideration of the scale distribution in the risk report on the dashboard
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