Effective April 01, 2007, CRISIL transferred its advisory and risk consulting business into a 100% subsidiary CRISIL Risk and Infrastructure Solutions Limited (CRIS). CRIS is engaged in the areas of infrastructure policy and transaction advisory services; integrated risk management services and consulting to banks and corporates, through its divisions CRISIL Infrastructure Advisory and CRISIL Risk Solutions.

CRISIL Risk Solutions is a leading provider of risk solutions for banks, financial institutions and corporates. Our consulting services span management of credit risk, operational risk & market risk. Within the credit risk management suite, we provide & validate internal rating models to understand the risk of non-retail borrowers, develop credit scoring models to understand the risk of retail borrowers, provide services for Basel II (for Pillar I and Pillar II) compliance. Additionally, we provide services for management of operational risk and valuation services for complex derivatives.

We specialise in wrapping our core consulting strength and analytical skills around a successful technology platform to provide a robust and efficient one stop solution.

Our Software Solutions include :-

»	CAM or 'Capital Assessment Model'
»	RAM or Risk Assessment Model
»	CORE or CRISIL Operational Risk Evaluator
»	Credit Capital
»	QaNT

CAM or 'Capital Assessment Model', this solution helps banks calculate capital for Basel II in their home country and in host countries as well (branches abroad). We have implemented this software solution in banks such as HDFC Bank, Corporation Bank, Kotak Mahindra Bank, Syndicate Bank, Indian Bank, Development Credit Bank, Bank of Baroda, EXIM Bank, Doha Bank (Qatar), among others. The cutting edge technology in this software is the amazing speed at which it calculates capital for the entire bank. For example, our client - a large bank in India with a portfolio of over 2 million retail accounts - has reported that it takes less than 2 hours to calculate its regulatory (Basel II) capital using our solution.

RAM or Risk Assessment Model has thirty clients in India and abroad. In India, it is a de-facto solution for internal rating for most banks. RAM is a centralised software that hosts various internal rating models and helps banks assess the risk of their borrowers.

CORE or CRISIL Operational Risk Evaluator
CORE is an advanced suite for management of operational risk and consists of 5 modules viz., RCSA (Risk and Control Self Assessment), IAP (Issue and Action Planning), KRI (Key Risk Indicators), LDC (Loss Data Collection) and LDM (Loss Data Modelling). CORE is available either as a complete suite or in a modular fashion. CORE has multifunctional usage and can be used for complying with the AMA approach of Basel II or with the Clause 49 of India's SEBI regulations, apart from giving a multi-dimensional view of operational risk in an organisation and helping managing the same. CORE customers include HDFC Bank, Indian Bank, Glenmark Pharmaceuticals, GTL Limited and GTL Infrastructure Limited.

Credit Capital
A solution that calculates 'Economic Capital' as different from 'Regulatory Capital' such as Basel II. In India, HDFC Bank, Syndicate Bank, Corporation Bank, Bank of Baroda and Indian Bank are amongst the first customers for this solution.

QaNT
QaNT is a recently released solution and is aimed at the retail lending & retail sales segment. This software helps an organisation understand consumer behavior and assists in measuring the risk of lending to a retail consumer.