Financial risk modeling
PwC offers a full range of advisory solutions to help financial institutions with analytics and the development, deployment and maintenance of models used for risk management, valuation and financial and regulatory reporting purposes. We deliver comprehensive analytics and model development expertise across credit risk, market risk and operational risk areas. Sample solutions include:
CCAR/DFAST, credit risk, PPNR and market risk model development
CECL/IFRS-9 methodology and model development
valuation services
customized modeling and analytics services
Model risk management
PwC offers a full range of advisory services to assist financial institutions with identifying and managing the model risks associated with models used for risk management, valuation and financial and regulatory reporting purposes. Sample solutions include:
design and development of model risk management and model governance programs
evaluation of existing model risk management programs for effectiveness and for consistency with regulatory expectations and industry leading practices
testing of model risk management framework design and operating effectiveness for internal audit
assistance with independent model validations for a wide range of model types
For more information explore PwC's model risk management services.
Risk analytics
PwC's risk analytics solutions help financial institutions identify and respond to risks, address regulatory requirements and strengthen analytics and risk management. We specialize in comprehensive risk analytics services across AML, trade surveillance, fraud, fair lending and sales practices. Sample solutions include:
- independent model validation for a wide range of Compliance model types—AML transaction monitoring, customer risk scoring, alert risk scoring, OFAC sanctions screening, fraud monitoring and trade surveillance
- compliance model parameter calibration and optimization
- compliance model governance program design and deployment
- design and enhancement of transaction monitoring scenarios
- development of AML customer risk scoring model
- development of alert risk scoring models
- fair lending risk assessments
- sales practices assessments and analytics
Customer analytics
PwC’s customer analytics solutions help financial institutions drive new growth, facilitate better customer engagement and support customer-centric business transformation. Sample solutions include:
- customer journey analytics
- customer segmentation
- digital propensity targeting and consumer scoring
- innovative collections strategies
- marketing investment optimization
- proactive complaints management
- retention analytics
- strategic pricing simulator
Data analytics strategy and organization
PwC offers a suite of solutions to help financial institutions develop faster and more sophisticated data-driven decision-making capabilities. Sample solutions include:
- analytics benchmarking and maturity assessment
- business-aligned data analytics strategies and roadmaps
- data monetization and data-driven growth
- data analytics talent strategies and organizational design
- evolution of the chief data officer function
Data analytics technology
PwC’s data analytics technology solutions combine proven and emerging technology, data, skills, governance, culture and leadership to deliver powerful data capabilities for strategic transformation and compliance-driven change, from BCBS and CCAR to AML and sales practices. Sample solutions include:
- big data migration
- business intelligence, data visualization and dashboarding
- data architecture and data modeling
- data integration (e.g., warehouses, data lakes, CRM, financials, fintechs)
- data modernization and cloud adoption
- enterprise data warehouse design and deployment
- enterprise and regulatory data governance, data management and data quality
- information management for advanced analytics
- master data management implementations for security masters, product masters, etc.
- SOA conversion planning and implementations
- technology selection
Fast facts about the team
- We have been bringing traditional and leading-edge data and analytics capabilities to financial institutions for over 15 years
- We serve over 100 clients across banking and capital markets, asset management and insurance each year
- We are a diverse team of data scientists, economists, statisticians, technologists, strategists and regulatory professionals
- We have created an integrated risk and strategy team to bring a risk perspective to growth issues and a growth perspective to risk issues
- More than 70% staff hold advanced degrees—PhDs, Masters and MBAs—and many also hold degrees in statistics and engineering
- We provide expertise in SAS, SQL, R, Python and other statistical packages, computer programming languages and computing platforms
- We offer access to over 40 data analytics training courses—including exclusive partnership with Coursera
For information on exciting career opportunities with PwC FS data analytics, please check out PwC Careers.
