Working with a large European agent lender, MX undertook a complete review of risk and control processes and reporting metrics. This involved reviewing existing capability and making recommendations to upgrade processes and systems to provide underlying clients with the on-going confidence and evidence that the program was being run within a robust risk control environment.
Areas of focus included:
- Daily risk analysis processes and methodology
- Collateral oversight and analysis
- Application of a complex credit limit matrix, consisting of several, correlated, dynamic, market attributes.
- Improvements in client reporting including risk metrics and balance sheet analysis
MX were able to provide a full set on recommendations and a solution with cost benefit analysis included. This enabled the client to make informed decisions around implementation and led to a series of strategic changes to the business model, and which MX were able to fully deliver.