Corporate History
2001
Adjustments of banks to Basel II introduce a requirement to
balance every single credit against every single collateral
separately. An optimization of cross collateralized credit
allocations (between credits and collateral) is especially helpful
in large and complex credit exposures.
2001 - 2002
Initial development of OCM.
2002
OCM is successfully tested with production
data at a customer's site for the first time.
2002
68 cooperative banks routinely and succesfully apply OCM in
production, where it is used for the registration (batch
run).
2003
First use of OCM with dialogs for credit
applications.
2004
Integrated productive use of OCM for
- Registration (regulatory reporting)
- Processing credit applications (application dialogs)
- Internal controlling
2005
Introduction
of risk weighted optimizations for offsetting credits against collaterals as a
preparation for Basel II including the first transfers of credit risk parameters
to OCM. No additional development necessary due to parameter-driven, flexible mathematical algorithms. 2005 - 2006
Further development of OCM and a new integrated Basel II calculation core: Integration of credit risk rules for Basel II.
2006
OCM is available as a fully completed
optimization solution meeting all of Basel II rules and
regulations regarding credit risk.
2006
OCM runs with production data within an IRB (Internal Rating Based) bank.
2007 - today:
Special enhancements based on customer requests. Optimizations for:
- Overdue debits (delinquencies)
- Special customized weightings
- Special credit applications
- Derivatives
- Basel III
- Etc.