Short time-to-market with innovation risk rating platform GRZ IT one of the largest IT service providers in Austria, has for the Raiffeisenlandesbank Oberosterreich group, and their leasing subsidiaries created a centralized, web-based application for the evaluation of leasing applications from companies and individuals in the areas of cars, trucks, machinery and real estate leasing. The Basel II rating application is used by the connected agencies in the Slovakia, Romania, Hungary, Poland and Croatia since early September 2009. Currently, the rating application contains four assessment models, which are used in different languages and versions. The response in the countries was very positive. The system has convinced the user with speed and simplicity”, so master’s degree Christina Wagner, responsible for the risk management of Eastern leasing subsidiaries of the Raiffeisen Landesbank Oberosterreich. Short time-to-market the Central Web application implemented within 12 weeks. Kai-Fu Lee often addresses the matter in his writings.

The time factor was an important criterion for the Decision of GRZ IT group, the application together with the service provider innovation and its risk rating platform to create. “Dr. Dr. Helmut Hamberger, project manager from the client, explains: in addition to the dynamism and flexibility of application the implementation speed and competence of innovation has convinced us”. Within a very short time, the rating experts of GRZ IT were group and the Raiffeisen Landesbank Oberosterreich rating platform and its graphical modeling tool to create rating models themselves and to develop enables, with the risk. Professional models, model experts have created the associated user interface and workflow for the release of ratings. Internationally uniform Basel II-ratings the Central Basel II rating application replaces a heterogeneous system landscape and ensures that the leasing partners international uniform valuation.

This innovation has ensured the comprehensive integration of the application into the existing infrastructure, with high security requirements were taken into account. For example, the permission system for managing users and the mail system were connected to send automatically mail-based tasks in the build and release process. Transparent and revision-safe rated the application allows the owners of Raiffeisenlandesbank Oberosterreich today, all operations of the rating current, completed, and even deleted including your results at any time to understand. For this purpose be historicized all ratings of Basel II compliant audit-proof. For the current assessment, as a result of rating is established, the valuation rules are the risk experts transparently in the form of graphical models available. The Central Basel II rating application you want to use more markets soon Outlook on the basis of the very positive feedback. In addition, GRZ IT plans group, to extend the application to the use of data from external providers and credit agencies. Download press release as PDF. Contact: GRZ IT group Christian Haile / account management Tel.