Thorogood has completed multiple projects in financial services. Management information systems are particularly important in financial services because they permit large and complex organisations to balance and manage risks across their diverse activities. This is of great interest to regulators who allow firms access to business opportunities only to the extent that they are comfortable with their management systems.

For example, Basel II systems measure and report the performance of the banks’ credit risk models over the economic cycle. The reported accuracy of these models is taken into account by banking regulators in deciding what capital ratios the bank must maintain. The capital ratio is critical to the bank because it limits the amount of business that it can do and therefore the profit that it can generate from its capital base.

Financial services implementations require the calculation and reporting of complex financial measures from very large databases of customer transactions. These applications demand specialist teams staffed by consultants with extensive experience in financial services and of the multiple business intelligence tools deployed in the sector.

Example Case Studies:
Lloyds TSB Basel II
Nationwide Building Society

For more information contact us