Implementation and support, wherever you operate

Data your finance and treasury teams already produce; the model is a workbook, so there is nothing to install or integrate.

• Capital models: exposures by class with ratings, collateral and property values, the capital base and the business plan.
• Liquidity model: balances and contractual cash flows by currency, the liquidity buffer and the behavioural assumptions you can evidence.
• Recovery tool: the current plan, its indicators and triggers, and the options already valued.
• One owner for the numbers, and one cut-off date.

The last item is the one most often missed: when the capital base, the loan tape and the maturity ladder each arrive at their own date, the first run reconciles to nothing.

Remote support for set-up, data entry, early use and interpretation queries comes with every model, and it covers handover when your team changes.

• A regulatory logic error or functional defect in the model as delivered is corrected free of charge, however long after delivery.
• A regulatory update commitment covers statutory changes to the rules your model is built on, for the update period set in your order.
• Tailoring, bespoke reports, a hybrid framework or an independent validation on your data come from Risk Advisory under a separate agreement at standard rates.

Keep an unmodified master copy and log every change in the assumptions register, so a difference you report can be compared with the model as delivered. Full terms: the licence section of the RisKIT page.

1 January 2027Basel 3.1 and the SDDT capital regime apply

For UK banks and building societies the date that sets the plan is 1 January 2027, when the PRA’s Basel 3.1 rules in PS1/26 (published 20 January 2026) and the SDDT capital regime in PS4/26 take effect, and Basel 3.1 reporting starts. A firm moving to models 500 to 502 wants its first reconciled run before then, so the first return under the new rules is not also the first test of the model.

One item belongs in the data preparation: the PRA expects every existing real estate exposure to have been assessed by 1 January 2027 for whether repayment depends materially on the property’s cash flows, so the loan tape needs that flag before the first run. More on Basel 3.1.

Sources: Bank of England, PS1/26 Implementation of Basel 3.1: final rules, 20 January 2026, paras 1.23, 1.26 and 2.6; PS4/26 The Strong and Simple Framework, 20 January 2026, para 1.15.