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CRR3 & Basel IV

Make sure you are ready for the Basel IV implementation
Designed to meet CRR and CRD regulatory requirements for banks

With the announcement of the Capital Requirements Regulation (CRR) 3 and Capital Requirements Directive (CRD) VI, the EU plans on implementing the Basel IV (Finalising Basel III) reforms with a distinct localized flavour. With several fundamental changes from the existing CRR2, it promises to have a big impact during its implementation (Jan 1, 2025). It becomes imperative for banks to not only do a preliminary gap assessment but also structure their implementation around the new requirements.

How does Finalyse address your challenges?

Detailed Gap Assessment:

New calculation standards

Critical data elements identification

Identification of shortcomings of the current implementation

Descriptive Business Requirements for implementation: 

Relying on Finalyse’s inhouse tools and standard templates to structure them as laid out by the regulation

Impact Analysis:

Support the bank’s Quantitative Impact Study (QIS) needs for Basel III monitoring

Output Floor Requirements: 

CRR3/Basel IV have stipulations to calculate the entire portfolio on Standardized Approach for benchmarking – rely on Finalyse expertise for computing SA calculations for the entire portfolio

Integration with different reporting systems: 

Standard tools to integrate QIS/impact assessment output for reporting

Business Strategy: 

Leverage Finalyse expert knowledge to simulate different scenarios for output floor distributions across different exposure classes and approaches/types of risk

To get all your questions answered
Contact us

How does it work in practice?

Key Features

  • Basel IV Gap Assessment and Critical Data Elements identification
  • Basel IV Impact Assessment
  • RWA Calculators implementation for different vendors (SAS, Moody’s, etc.) and their preparedness towards Basel IV requirements
  • Catering to different collateral allocation mechanisms (including coverage of EBA CRM Guidelines) and custom European elements expected in CRR3 (SME Supporting Factor, Infrastructure Supporting Factor, etc.)
  • QIS reporting as mandated by the EBA with standard templates, including integration with different reporting data marts
Abishek Chopra
Principal Consultant - Credit Risk, CRR3 & BASEL IV Expert

Abishek Chopra is a seasoned Risk Management professional with over 12 years of experience in multiple areas of credit risk, especially on CRR and Basel guidelines. He has expertise in addressing complex regulatory topics such as credit risk mitigation for RWA optimization of different asset classes, Basel IV application of Whole Loan/Split Loan approaches for mortgages, SA-CCR and Securitization.

Bruno Kahilu Muyeye
Managing Consultant - Expert in SAS Solutions / IFRS 9 for Insurers / CRR3 & Basel IV

Bruno Kahilu Muyeye is a Managing Consultant with more than 10 years in risk management.  He has a broad knowledge of SAS Risk Solutions for Banks and Insurance companies and has been involved in several SAS implementation projects such as Regulatory Capital Managagement (RCM), IFRS9/IFRS17 or Market Risk Management. Bruno is a certified Financial Risk Manager (FRM) and Professional Risk Manager (PRM).

Senior Consultant - SAS Risk Solutions, CRR3 & Basel IV Expert

Anish Pandey is a Senior Consultant with more than 12 years of experience in the area of Risk Management, BI, Data warehousing and SAS. His main area of expertise lies in the design ,development and implementation of Basel III and Basel IV regulatory solutions. He has worked on SAS Risk solutions like SAS Regulatory Risk Management, but also SAS Firmwide Risk for Solvency II, SAS Detail Data Store for Insurance.

Nathan Desmidt
Senior Consultant - Expert in CRR3 & BASEL IV / Credit Risk

Nathan Desmidt is a Senior Consultant with more than 8 years of experience in risk management. Nathan’s area of expertise lies within regulatory capital calculations, specifically in the context of CRR2/CRD5 and upcoming Basel 4/CRR3 regulations. Recently Nathan has been involved in the implementation of a new RWA calculator at a large financial institution aiming to enable Basel 4 compliancy, focusing on validation of RWA calculations in light of the new framework’s developments.