Case Study: Rand Merchant Bank achieves IRBA-compliant centralized credit risk ratings with ACTICO's Credit Risk Management Platform

Rand Merchant Bank implements IRBA-compliant credit risk rating system

Rand Merchant Bank, a leading African corporate and investment bank within FirstRand Limited, needed a centralized, IRBA‑compliant credit risk rating system to consolidate a large number of internal PD and LGD models, provide auditable multi‑stage role‑based workflows, and integrate with existing data sources and reporting systems. To address this, they engaged ACTICO and used ACTICO’s Credit Risk Management Platform.

ACTICO implemented a centralized IRBA‑compliant credit risk rating platform that integrated the bank’s more than 20 rating models, provided a user‑friendly web front end for role‑based workflows, connected upstream systems (obligor master data, financial spreading tool, data warehouse) and exported ratings to the bank’s archive and data warehouse. The ACTICO solution delivered a fully auditable rating workflow, flexible graphical model authoring for testing and simulation, centralized data storage for model validation and risk reporting, and measurable outcomes including implementation of all >20 models and streamlined, legally robust risk assessment processes.

Rand Merchant Bank

Jacques Mouton

Head of Credit