Finance major reimagines credit loan loss forecasting to achieve higher accuracy
Finance major reimagines credit loan loss forecasting to achieve higher accuracy
5 PagesFinance major reimagines credit loan loss forecasting to achieve higher accuracy GENERATING BANKING AND FINANCIAL SERVICES IMPACT DESIGN • TRANSFORM • RUN Case Study Client Major financial institution’s Australian consumer business Industry Financial services Business need addressed Implemented an efficient credit loan loss forecasting and reserving model that determines forward-looking reserve requirements in line with Allowance for Loan and Lease Losses (ALLL) regulations Genpact solution Developed a transactional credit loan loss forecasting and reserve process by incorporating dual-time dynamics as the core modeling methodology. The solution included development of an individual obligor-level loss probability forecasting model and a loss severity forecasting model with em
