Windsor Wins Basel Contract

Press release: June 2005

Windsor Consulting have been appointed by Baseline Capital to provide an independent review and on-going support to their Basel II data pool modelling programme.

Baseline, part of the Skipton Information Group, recently reported that eight mortgage lenders had joined its Basel II pool. They further reported that there was sufficient volume of mortgage data required for an Advanced-IRB approach to Basel II credit risk. The eight mortgage lenders are: Amber Home Loans, Skipton, Scarborough, Furness, Manchester, The Derbyshire, Nottingham and Stroud & Swindon building societies.

Windsor CME provide consultancy and training for the consumer credit industry. In 2003 they ran a series of scoring seminars supported by the FSA called "Basic Scoring for Basel". 

Murray Bailey, Director of Windsor Consulting, said: "There are many issues that companies face in becoming compliant with their Basel models, not least that the regulators are also struggling to understand and interpret the requirements."

Suzanne Watson, Baseline’s Sales and Marketing Director, said:  “Murray came highly recommended from our client base because of his proven industry expertise in credit analysis, coupled with his innovative approaches to the development of new models".