In 2012 uraster created the Internal Credit Rating Simulator used to train young bank specialists. It was used at a seminar in Beatenberg, Switzerland and was accepted very positively by the participants.
The Internal Credit Rating Simulator presents the process of credit estimation in a bank. It shows the methods used by the quant and non-quant specialists, the difference in the results and how these two groups come to a common result.
Now uraster received a inquiry from the European Central Bank to organize a similar seminar for their specialists. If the seminar is successful it can become a yearly training event.
The Internal Credit Rating Simulator is available on our app portal. If you are interested we will be glad to configure a simulation for you.