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OakNorth

OakNorth was built on the foundations of frustrations. In 2005, when our founders tried to get business finance for their data analytics company, the computer said ‘no’. Unfortunately, all major banks in the UK were using the same computer – and it was broken. Why was it so difficult for...

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27/09/2022 Banking Innovation
Through leveraging the scenarios and time horizons from the Bank of England’s Biennial Exploratory Scenario, and our climate product, ON Climate – OakNorth became one of the first banks globally to stress test its loan book against climate change risk.

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