As part of a continuing effort to develop global models-based credit evaluation for private commercial companies globally, Moody’s Risk Management Services (MRMS) has announced a joint project with Korea Information Service to extend these models’ coverage to include Korean private companies. The resulting model, RiskCalc Korea, will form a universally recognized standard for credit risk assessment of Korean companies. Banks will benefit from the increased liquidity of private firm debt portfolios and from having a cost-effective supplement to existing credit underwriting, risk control and reporting processes. RiskCalc Korea, will be the first such model to account for Korea’s unique tax laws, accounting laws, and economic structure. It also will mark the first time that banks and a rating agency have teamed up for such a purpose in Korea.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more