The Nottingham needed an analytical framework that would underpin all operational, strategic and regulatory credit risk requirements.
Importantly, they needed this framework to include a solution to IFRS 9. Through Jaywing’s extensive experience implementing IFRS 9, The Nottingham has integrated the implementation of these requirements along with other regulatory and operational risk objectives. The new framework enabled The Nottingham to develop a streamlined approach to credit risk management to help contain the cost of meeting these regulatory, operational and strategic challenges.
“We chose Jaywing due to their unrivalled experience in credit risk analytics and IFRS 9, as well as following on from a successful engagement on a previous project a few years ago.”
Colin Pendred, Senior Credit Risk Manager, The Nottingham
Jaywing has extensive experience credit risk analytics and IFRS 9 gained over the last 22 years, helping many lenders including Shawbrook Bank, Nationwide, RBS and Coventry Building Society with IFRS 9, IRB, stress testing, ICAAP, credit grading and a variety of other risk requirements.