News

Sofia

In cooperation with experts from Bulgarian National Bank, Cnet Group and PROSPERO AG (Switzerland) have organized a conference dedicated to the topic of:

“Innovative Concepts and Systems for Proactive Credit Risk Management”

The event took place in “Grand Hotel Sofia” on December the 9th, 2008. Within 4 hours following topics were presented and discussed:

• Recent Credit Crunch – Consequences and the way forward
• Application of Credit Risk Techniques in Bank Management
  
• Compliance Driven versus ROI oriented & proactive Risk Management – Who will survive!
• Presentation of the most innovative concepts and state-of-the-art technology for intelligent analysis of the customer’s creditworthiness in a fully automated self learning processes
  • Automated Scoring / Rating Model Development
  • Optimization, Validation and Calibration of Credit Rating & Scoring Models
• Presentation of real case studies
• Q&A

Interested professionals can receive more information about the content of the conference by sending a request to the following E-Mail address:

Vienna – Sofia – Moscow

RCS Riskmanagement Concept Systems AG and Cnet Group have organized in cooperation with Ernst&Young Russia (CIS) one day Conference dedicated to the topic of Operational Risk Management in the financial industry

More than 25 leading financial institutions, customers of Ernst & Young Russia (CIS), have participated in the event. Within three interactive sessions following topics were discussed:

• Key factors for a successful implementation of an enterprise-wide Operational Risk Management System (E&Y Russia CIS)
• Conceptual Gap Analysis of existing infrastructure. Local specifics and typical project constrains (E&Y Russia CIS)
• Operational Risk Management – Lessons learned form the past (RCS & Cnet Group)
• Implementation of best industry practices (RCS & Cnet Group)
• Hands-on project experience in solving typical Enterprise and Operational Risk Management issues in the practice with RCS OpRisk Suite (RCS & Cnet Group)

Besides the area of Enterprise and Operational Risk Management Cnet Group actively works with E&Y Russia (CIS) in Russia, Azerbaijan and Kazakhstan on multiple projects also in the area of Credit Rating Calibration, Implementation of advanced Credit Scoring Systems, Management of Loan Generation and Credit Approval Processes and implementation of Enterprise wide Performance and Process Management Systems

Vienna – Sofia – Donetsk

In the frame of a pilot project for implementation of a testing environment of the Enterprise Risk Management system of RCS (Switzerland) at the largest Fuel and Energy Provider in Ukraine - DTEK, Cnet Group has successfully completed 2 days training on the RCS OpRisk Suite 4.1

Working on real-time environment users became acquainted with the following modules:

• System Administration
• Loss Data Collection
• Self Assessment
• Key Risk and Performance Indicators
• Action Tracking
• Reporting
• Quantification

Gaining significant hands-on experience during these 2 days DTEK Risk Managers will have the possibility to test the Enterprise Risk Management System of RCS within the next few months. Risk Management concepts developed internally and with the assistance of Ernst & Young Russia (CIS) will be implemented and tested within the system in a real-time modus.

About DTEK

DTEK - the leader in the fuel-energy market of Ukraine is a vertical integration of enterprises that build up an efficient production chain, from coal production to electric power generation and distribution. Over 50 000 people work at the enterprises located in Donetsk, Dnepropetrovsk and Lugansk Regions. DTEK’s development strategy for the forthcoming years foresees an increase in corporate governance efficiency, optimization of key business processes and the introduction of new technologies.