Fitch Risk Management, a wholly owned subsidiary of Fimalac, S.A., has announced the acquisition of the Credit Ratings System (CRS), a comprehensive credit assessment system, from Credit Suisse First Boston (CSFB). CRS consists of a suite of 12 quantitative rating models that use statistically proven relationships to estimate long-term credit ratings. CRS was developed by CSFB over the past six years to support its credit function. The system, which is used to predict credit ratings, has individual models for public and private US, European and Japanese corporates, public and private telecommunication companies, utilities, SMEs, and US, European and Japanese banks. In addition, the system is flexible enough to accept the user’s own proprietary inputs.
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