Foreign integrators surround Sberbank

4 of 5 winners of the first stage of the tender of Sberbank at the choice of the contractor for system implementation of management of corporate credit risks were the foreign companies.

System designation

• The forecast of level of credit risks with formation and support of the database on the implemented credit risks;
• Risks assessment of the total loan portfolio of Bank;
• Quality control of the loan portfolio, portfolio of debt securities of Bank;
• Management of limits (credit, industry, country, etc.).
• Control of observance of limits and restrictions of credit risks in Bank.
• Ensuring support of multiple currency limits;
• Support and updating of the used economic-mathematical models used for assessment of individual and portfolio credit risks;
• Calculation of the economic capital;
• Conducting stress testing of the loan portfolio of Bank;
• Calculation of regulation of reservation on the basis of the developed models;
• Accounting of existence of providing at assessment of credit risk;
• Formation of the necessary reporting.

The management system for corporate credit risks is a part of a System of Sberbank integrated risk management.

Cost of works

The initial (maximum) cost of a system, according to the tender documentation, is 800 million rubles.

Choice of the contractor

On March 11, 2012 the tender committee of Sberbank announced results of the first stage of an open competition at the choice of the supplier of a software platform and the contractor on system implementation.

Winners of the first stage of tender four foreign companies:

• Accenture of PLS company on the SAS Risk Management for Banking platform – Credit Risk;

• Business and Disidzhen Si Ai Es LLC on the SAS Risk Management for Banking platform – Credit Risk;

• Beringpoynt LLC (the former KPMG Consulting) on the SAP Bank Analyzer platform;

• FRSGlobal Poland SP. z.o.o. on the FRSGlobal RiskPro platform;

and one Russian:

• I-Teco Ltd on the SAP Bank Analyzer platform;

Will be signed the agreement on acquisition and support of licenses for a software platform for a system with the winner of competition (one company will become him); the agreement on adaptation/system implementation based on the selected software platform in bank according to requirements of bank; the agreement on maintenance of a system.

Selection terms

The Russian companies integrators and the Russian or international producers of software platforms having experience of successful implementation of similar projects in the field of automated control systems for corporate credit risks were invited and allowed to participation in tender. The number of the personnel of the company integrator having experience of system implementation had to be not less than 15 people.

Regarding the offered software platform the proposal submitted on tender had to correspond to the following criteria: the software platform should be successfully implemented not less than in one of large banks (large banks – the first 400 banks which entered the list of the The Banker Top 1000 World Banks 2010 magazine and having a multibranch network); not less than two responses about successful results of implementation of a software platform in banks should be provided.