The Alchemy RatingOne combines a fully configurable obligor risk rating engine with Basel II compliant entity and facility PD estimates. Our scoring engine allows single and multifactor analysis, allowing risk managers to fine tune the accuracy of the scoring model based on actual experience, over a variable sample window. In addition, the built in feedback loop makes it possible to gauge the predictive quality of each scoring element in isolation, making the scoring model less vulnerable to cyclical factors.

The ability to customize the scoring engine enables pooling of relationships and provides flexibility to work with smaller data sets. Probability of default is calculated using both Basel II and internal default definitions over a variable sample window. Change in customer behavior may be captured using a coarse grid approach, or supplementing the grades with additional indicators, making the event tracking process as sensitive as requited.

Finally the ability to define score ranges for probability of default calculation allows the user to capture any outliers in the score distribution, instead of having to group PDs using a generic scale.

About Alchemy
Alchemy Technologies is a leading provider of Basel II compliant Risk management and central bank compliance solutions for financial market participants. With customers and partners in Pakistan, Middle East and Asia Pacific, growing at more than 100% a year, year on year over the last 5 years.

The company’s flagship product, the “Alchemy Risk Manager” has won multiple industry awards and has been successfully implemented at multiple client sites including banks and insurance companies. Headquartered in Karachi, Alchemy is expanding into Lahore, Bangkok and Singapore to better serve its customers.