Digital maturity model

Digital Maturity Model is a tool to assist in the digitalization of a company. The model effectively assesses the current state of digitization, identifies key gaps and helps the company with its digital strategy. Since the digitization is a process that never ends, the model makes it possible to monitor the state of digitization over time. The model uses a multidimensional criterion function of key elements of digitization.

Key elements

  • Processes
  • Organizational structure
  • Employees
  • Organizational culture
  • Technology
  • Customers
  • Data

Comprehensive, digitally supported processes that enable the use of technology and efficient capture, analysis and utilization of data in business processes.

Way of organizing activities and tasks, coordination of employees and management.

Adequate knowledge of employees with regard to digital strategy.

A set of values, practices and general expectations of employees required for successful digitization. This element also includes the management of a company.

Various combinations of information technology that organizations use in their processes, products and services.

Comprehensive understanding of customers through and enabled by digitization in terms of data collection, analysis and business processing via new digital channels.

Comprehensive data management throughout the entire data lifecycle. Data is a fundamental component of digitization, which is usually greatly underestimated.

Selected references

Internal and regulatory stress testing support. Development or ARDL-BACE PD and LGD stress testing models, macroeconomic scenario generation tool and staging module.

EBA EU-Wide Stress Test Exercise, included IFRS9 PD/LGD model review, development of benchmark PD/LGD/EAD models, IFRS9 Impairment calculations, data, analytics and documentation for regulatory review and industrialization of Stress Test/ICAAP framework