Standard & Poor’s Risk Solutions has introduced its Default Filter software – a model development solution with ongoing data management, validation and stress testing tools – into the North American market. Standard & Poor’s purchased Default Filter credit risk management software assets from IQ Financial Systems in August 2002. ‘Originally developed in Asia to cover credit markets where data are often scarce, Default Filter will be an important tool for North America as well, where the same issues surround data availability in middle market lending,’ said Roy Taub, Executive Managing Director of Standard & Poor’s Risk Solutions. Default Filter aims to helps banks address Basel Committee requirements for forward-looking modelling of credit risk by providing tools that allow clients to test the ability of their models to classify risks, continually test the comparability of their current data set to their reference historical databases, and continuously test the predictive power and stability of their model over time.
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