Case
Mercedes-Benz Bank AG, headquartered in Stuttgart, is a subsidiary of Mercedes-Benz Group AG and is one of the leading automotive banks in Germany. Its main task is to support the sales of Mercedes-Benz vehicles through a variety of financial services. These include financing, leasing, rental, and subscription models.
Task
Before the start of the RORAC project, Mercedes-Benz Bank used Excel spreadsheets to calculate its financing models for customers. As part of the project, my role was to collaborate with a team of financial experts to design and conceptualize a new calculation tool that would fundamentally modernize and optimize the way financing models were calculated.