BASEL III – SCRA IMPLEMENTATION FAQ

The scale of the data management effort will depend on the size and geographic spread of a bank’s unrated portfolio, but will likely entail significant time and resources, which is why Fitch Solutions developed an SCRA data offering to meet this need. To help banks understand the challenge, Paul Whitmore, Global Head of Counterparty Risk Solutions at Fitch Solutions, and Monsur Hussain, Head of Financial Institutions Research at Fitch Ratings, answer some frequently asked questions about this new approach.