Prof. Dr.
Marc Gürtler

The center

The Center for Financial Risk Management specializes in the measurement, aggregation, evaluation and management of financial risks in companies.

Statistical methods are developed and implemented in software for this purpose.
The aim of developing methods is, in particular, to provide an adequate information basis for business (investment) decisions and the implementation of risk management and control measures.
The TTZ’s expertise is focused in particular on the business areas of credit risk and insurance management.

Services

Credit risk modeling

TTZ stands for proven research expertise in the field of credit risk modeling.
Our range of services includes the modeling of credit risks for all asset classes and risk parameters as well as all phases of model development, calibration and validation.
Modeling is possible on the basis of traditional statistical methods (regression techniques) and machine learning methods.
TTZ has extensive expertise in both areas, meaning that a wide range of approaches for rating models, credit risk portfolio models and early warning systems can be implemented.

Another focus is the design of approaches for the economic risk-bearing capacity calculation, the modeling of migration risks and the scenario-dependent modeling of risk potential as part of cross-risk type and credit-specific stress tests.
In connection with the revision of European regulatory provisions, new challenges are also arising in which the center is happy to support its clients.

Insurance companies are facing a number of challenges.
The digital transformation and increasing cost pressure are placing completely new demands on the efficiency of their own organization.
Customers expect a fast, uncomplicated service and a large number of regulatory requirements need to be implemented.
In addition, there is also a range of new business potential, e.g. through new products such as innovative platform approaches that go beyond the pure insurance product.

With this in mind, we support our clients in the development of new market and business strategies as well as in the development of digital services.
We offer services in the field of analytical customer analysis.
This includes, for example, identifying the reasons for customer churn and determining potential for improvement in CRM with the aim of reducing customer churn.
Furthermore, sales support measures can be derived in order to acquire new customers and increase the cross-selling rate.
Analyses for process optimization are also created.

The automation of processes in financial risk management is unavoidable in terms of speed and precision. Accordingly, many manual process steps will be eliminated in traditional credit and insurance management in the future.

With this in mind, TTZ offers all types of services in the field of process automation and digitization. We pursue a holistic approach with the aim of reducing content to what is technically necessary and standardizing it. In addition, we offer approaches for the identification of new innovative information sources and the use of advanced data analytics methods (machine learning/artificial intelligence, text mining) for the targeted increase of execution speed with simultaneously reduced expert input. The TTZ also supports the integration of targeted and proactive CRM, agile and paperless credit rating as well as efficient and fast credit processes for high customer satisfaction.

Picture credits: Leonie Wellert/All rights reserved by TU Braunschweig