Rating Reclassification

It populates rating data and reclassifies external ratings to internal ratings. Data population is done using T2T and reclassification is done using a Type 2 rule External Rating to Internal Rating Reclassification. The current Application supports only 1-1 mapping of External Rating to Internal Rating. This rule is expected to be reviewed and customized based on the internal rating and mapping strategy of the bank.

Note:

As each rating has its unique characteristics, it is required to map each external rating to a unique internal rating.