Case Study: a leading universal bank automates credit risk assessment with S&P Global and FIS

Automating the Borrower Credit Assessment Process at a Universal Bank

A commercial bank in Southeast Asia partnered with S&P Global to modernize its borrower credit assessment process. The credit risk team needed validated, ready-to-use scorecards for different industry segments, a better way to automate spreading and rating across the bank and its subsidiaries, and support for data warehousing and IFRS 9 expected credit loss calculations.

S&P Global Market Intelligence provided Credit Assessment Scorecards, complemented by FIS’s Optimist application, to automate credit spreading, rating, and portfolio monitoring. The solution enabled the bank to use scorecards for low-default portfolios, adjust PDs for regulatory and IFRS 9 reporting, centralize risk data in a DataMart, and prepare for future loan origination automation; while no numeric impact was disclosed, the bank gained a more scalable, flexible, and compliant credit risk process.