Case Study: HDFC Bank centralizes risk management and enhances analytics with Numerix

HDFC Bank manages risk across 28.5 million customers with Numerix

HDFC Bank, one of India's premier banks, sought to consolidate its market risk management and reporting across multiple systems onto a single platform while enhancing its market and counterparty credit risk analysis. To meet this challenge, the bank selected the risk analytics vendor Numerix and implemented its Numerix Portfolio solution as a centralized risk engine.

Numerix provided a flexible and scalable platform that enabled HDFC Bank to aggregate risk, drill down across all trades, and rapidly calculate key metrics like Value-at-Risk and P&L. The solution, supported by Numerix's local Mumbai office, allowed the bank to compute complex risk metrics in a timeframe that positively impacts business decisions and facilitates regulatory capital charge computations for Basel standards.

HDFC Bank