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On the Brazilian Development Bank fanned pages

On the Brazilian Development Bank

Until recently, the Brazilian Development Bank's internal rating models ran on dispersed, unsecured spreadsheets, making data input and financial calculations time-consuming and error-prone.

To meet its steady business growth and stay compliant, its credit department needed new flexible software to independently support its rating system and implement internal probability of default (PD) models.

This case study investigates how the bank met these requirements by working with Bureau van Dijk's FACT team, exploring topics such as:

  • Why the bank chose FACT to centralize its credit risk operations, in the words of key personnel
  • A handy summary of the various phases in the project, from project charter through to the integration of a number of complex PD models
  • How the FACT solution is helping the bank's day-to-day credit risk assessment operations