DG HYP introduces a new Basel II Rating Application

Deutsche Genossenschafts-Hypothekenbank AG in Hamburg/Germany will be evaluating credit risks with a central Basel II-compliant platform.
(PresseBox) (Immenstaad, Hamburg, ) The Deutsche Genossenschafts-Hypothekenbank AG (DG HYP) specializes in commercial real estate financing within the DZ BANK Group. The company has decided to manage its rating, scoring and LGD estimation processes using a new rating platform. DG HYP has chosen Visual Rules Business Rules Management System, from Innovations Softwaretechnologie. Visual Rules implements all estimation processes and operationalizes them using its Credit Risk Rating Platform.

Approval for the IRB approach since 2007

Three years ago DG HYP introduced a series of estimation processes for its lending operations in order to comply with the requirement of the German Solvency Regulation (SolvV). These processes are available on a number of platforms. Since receiving approval on 1 Jan 2007 for the IRB (internal ratings-based) approach, DG HYP will be consolidating its technological environment, with the goal of providing users with a uniform state-of-the-art application that simultaneously simplifies and accelerates future methodological enhancements.

Web-based platform for interaction between Business and IT

The Basel II Rating Platform from Innovations will be deployed in the future as DG HYP’s central application for technical rating models. It facilitates a methodically and technically uniform implementation of the Basel II rating procedures and will be available to credit analysts to assist them with rating, scoring and LGD estimation processes.

The platform is Web-based and streamlines the interaction between Business and IT divisions.

Kontakt

Bosch Software Innovations GmbH
Ziegelei 7
D-88090 Immenstaad am Bodensee
Angelika Lange
Public Relations
Head of Communications
Social Media