Risk Dynamics helps clients create sustainable modelling and analytics platforms to support their businesses in a data-driven world. From core regulatory capital and risk models to business decision analytics and model risk management, we create value by improving performance across the model lifecycle.
Risk Dynamics is a team of over 200 experts in data, analytics, model development, and model risk covering all major geographies across the globe. As part of McKinsey & Company, we combine quantitative analysts, PhDs, actuaries, former regulators, and business consultants to provide a powerful combination of deep analytics expertise, industry knowledge, regulatory perspective, and distinctive capabilities in corporate strategy and transformation.
We work with companies across financial services, energy, manufacturing, pharmaceuticals, healthcare, and many other sectors to develop and deploy leading capabilities in data, analytics, modeling, and model risk management. We support clients in everything from large-scale analytics programs to in-depth modeling exercises.
Through modernizing business-lending procedures, banks can harness new SME opportunities and achieve forecasted growth gains.
The International Financial Reporting Standard (IFRS) 9 models need to evolve quickly. There is no doubt the pandemic’s impact on the models and framework generated stressors in unforeseen ways, creating significant challenges to banks’ loan-loss provisioning levels.
By enhancing MRM framework capabilities—organizations are upgrading validation resources. Risk culture, standards, and procedures rank high on the overall MRM 2.0 agenda.