Beyond the benchmark: Seeking success in non-retail IRB modelling

Deloitte’s Financial Risk team presents its market survey on non-retail IRB PD model development, which reflects insights gathered from discussions with over 20 market participants.

Our findings reveal a complex landscape shaped by regulatory demands, data challenges, and modelling intricacies. While the industry has made progress in harmonising approaches and remediating non-retail IRB PD models, our survey highlights areas of inconsistency, persistent hurdles, and emerging best practices that are likely to shape the future of model submissions and approvals.

Please get in touch with our experts to discuss the survey findings or any questions you may have.