Moscow, December 30, 2017 — Business Systems Consult. BSC consulting company wishes happy New Year to its clients and partners. Success in 2018 is based on work in 2017.

Moscow, December 11, 2017 — Business Systems Consult. BSC starts to publish a new index of financial health of Russian consumer borrrowers...

Moscow, September 10, 2017 — Business Systems Consult. How to efficiently implement IFRS 9 in a bank — Seminar in Banking Institute of Association of Russian Banks (Moscow)...

Moscow, August 15, 2017 — Business Systems Consult. How to efficiently implement IFRS 9 in a bank — Seminar in Banking Institute of Association of Russian Banks (Moscow)...

Moscow, June 21, 2017 — Business Systems Consult. Consultants of BSC participated as lecturers in the training course "Credit Portfolio Management and Credit Risk Management"  for CBR staff organised by Banking Institute of National Research University "Higher School of Economics". During this seminar we discussed the following subjects:

1. Organisation of credit process: credit information storage, required history for credit model identification and validation, responsibility.

2. Loan lifecycle: risk assessment and calculation, default recognition. Credit risk maturation.

3. Scoring card development. Factor selection, their discretisation, PD estimation.

4. Stress testing and scenario analysis.

5. Risk estimation in accordance with Basel Capital measurement framework and in accordance with IFRS 9 requirements. Operational requirements, model selection, validation, precision and forecasting power.