Moody’s Risk Management announced that it has enhanced the default prediction capabilities of RiskCalc for public companies to include a 5-year default probability (DP) as one of its key outputs. This new feature expresses a corporate obligor’s probability of default over a five-year time horizon and will complement near-term assessment provided by the model’s existing 1-year DP. RiskCalc for public companies provides a risk assessment for more than 8,800 U.S. and Canadian public companies. By associating default probability with borrower firms and counter-parties, this model can be used as a credit risk monitoring tool for screening obligors, for performing risk/return analysis of credit portfolios, or for capital allocation and loan pricing. Future releases of the product planned for early in 2001 will extend its coverage to North American financial firms as well as public companies in Japan, Western Europe and Australia.
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