A global banking institution needed to conceptualize and develop LAN based application software and asset quality forecasting model.

In this case, Prescio was contracted to conceptualize the model and develop an application that could be used by different levels of staff and management. The client requested that the model and the application be built in a way that allowed for maximum flexibility in data storage formats, operating systems, and reporting platforms. In addition, the client requested that the model be based on a conceptual platform similar to the Value at Risk concept for ease of decision making.