Cihan B.’s Post

👇 Cihan B. celebrates a significant year of progress for the Risk Data Exchange on Moody's Intelligent Risk Platform, as insurance industry clients actively share risk data quickly, securely, and transparently - to help with compliance. 👇

RiskUnsolvd is updating the playlist: “Credit Risk Modelling: Regulatory Landscapes for Credit Risk Models” with BCBS modelling framework for QRRE products. Continuing from the last video, this video lecture describes the premise of data quality checks that needs to be performed to ensure that the data used for modelling is of a high standard. Data Quality assessment is a critical requirement under the BCBS guidelines, since the robustness of the model outputs and the RWA calculations are dependent on the quality of the input data. This video lecture describes some important checks that must be performed: (i) Analysing the availability of variables over the entire data cohort, (ii) Analysing the patterns of missing observations (iii) Analysing the assessment of abnormal trends in the continuous and categorical variables (iv) Analysing the explanatory abilities of the variables. The key objective of the analysis is to ensure that the data is of sufficiently high standards. The video is available at RiskUnsolvd at the following link: https://lnkd.in/g5fcB7sH #basel #QRRE #creditrisk #dataqualitychecks #EBA #PRA #CRD4 #modeldevelopment #retailcreditrisk #modelriskmanagement #modelrisk #MRM #creditcards #descriptivestats #univariateanalysis

In today’s risk market, it’s not uncommon to see property and Business Interruption (BI) claims exceed reported values. Generic physical property values are no longer sufficient to ensure adequate insurance coverage should a loss event occur – and it is essential that risk managers use credible values when making decisions about their operations. Zurich Resilience Solutions provides credible physical property, Business Interruption (BI) and Supply Chain / CBI values to help ensure your assets are adequately protected. Connect with ZRS to learn more about our Business Valuation solutions.  Learn More: ➡ https://lnkd.in/gz3qCN2F

** "A Game Changer for the MSR Market" -- Announcing RiskSpan's new MSR solution! ** Whether you're working with agency, non-QM, or jumbo loans, get unmatched MSR insights and capabilities, including: ✅ Robust MSR pricing tools with detailed cash flow forecasts ✅ Granular loan-level analysis and historical performance metrics ✅ Advanced machine learning models for seamless data mapping ✅ Customizable risk analysis and scenario testing 🌟 As Chris Kennedy highlights: "This is a game-changer for the MSR market. By leveraging GSE historical performance data, we're delivering transparency and precision that empowers portfolio managers to make confident, data-driven decisions." To learn more about how our MSR Analytics Solution can optimize your portfolio performance and drive better results, visit https://lnkd.in/eTx8SQtm. #RiskSpan #MSRAnalytics #Innovation #DataDriven https://lnkd.in/ehCY4SvB

For those in the enterprise data, entity data, or client and counterparty data - the latest BCBS Counterparty Credit Risk (CCR) guidelines are worth a read. We've made it easy by calling out some of the data requirements that are likely to gain traction from this regulatory update. https://lnkd.in/g9PY25tY

** "A Game Changer for the MSR Market" -- Announcing RiskSpan's new MSR solution! ** Whether you're dealing with agency, non-QM, or jumbo loans, access unparalleled MSR insights and features, including: ✅ Comprehensive MSR pricing tools with in-depth cash flow projections ✅ Detailed loan-level analysis and historical performance data ✅ Sophisticated machine learning models for efficient data mapping ✅ Tailored risk analysis and scenario testing 🌟 As Chris Kennedy emphasizes: "This is a game-changer for the MSR market. By leveraging GSE historical performance data, we're delivering transparency and precision that empowers portfolio managers to make confident, data-driven decisions." To discover more about how our MSR Analytics Solution can enhance your portfolio performance and achieve superior results, visit https://gag.gl/BZHOQk. #RiskSpan #MSRAnalytics #Innovation #DataDriven

#Counterparty_credit_risk_management #BASELIII In April 2024, BCBS released a consultation paper addressing counterparty credit risk (CCR) issues following cases of significant mismanagement, such as the failure of Archegos Capital in 2021. This paper proposed pointers on governance, due diligence, stress testing, and exposure management, though some suggestions faced industry pushback. Key comparisons between BCBS recommendations and industry responses (ISDA/IIF) are as follows: 1. Exposure Measurement: BCBS advocates using PFE as a risk metric, while the industry seeks flexibility in choosing metrics and their granularity. 2. Due Diligence: BCBS advises banks to continuously gather detailed counterparty information, including non-financial data, though the industry notes challenges in acquiring such information, especially from non-bank financial institutions (NBFIs). 3. Collaboration: BCBS stresses strong collaboration between market and credit risk functions due to dual nature of CCR, but the industry wants flexible, self-determined approaches to this integration. 4. Systems and Data Management: BCBS suggests sophisticated systems for CCR measurement in regular and stress conditions, while the industry warns of a trade-off between granular modeling and transparent, sound measurement systems. For example: Using data from illiquid markets may hinder clarity and practicality. 5. Close-Out Processes: BCBS recommends maintaining up-to-date close-out playbooks running mock exercises and dedicated resources, while the industry argues that close-outs vary by case, requiring tailored steps and resource allocation. The industry clearly emphasizes "proportionality" in CCR management, aligning with the principles of risk management jurisprudence. Summary: BCBS: Do X Banks: I will to X^-1(X inverse) 😀 Source: https://lnkd.in/gk-tb9YV

** "A Game Changer for the MSR Market" -- Announcing RiskSpan's new MSR solution! ** Whether you're working with agency, non-QM, or jumbo loans, get unmatched MSR insights and capabilities, including: ✅ Robust MSR pricing tools with detailed cash flow forecasts ✅ Granular loan-level analysis and historical performance metrics ✅ Advanced machine learning models for seamless data mapping ✅ Customizable risk analysis and scenario testing 🌟 As Chris Kennedy highlights: "This is a game-changer for the MSR market. By leveraging GSE historical performance data, we're delivering transparency and precision that empowers portfolio managers to make confident, data-driven decisions." To learn more about how our MSR Analytics Solution can optimize your portfolio performance and drive better results, visit https://gag.gl/BZHOQk. #RiskSpan #MSRAnalytics #Innovation #DataDriven

** "A Game Changer for the MSR Market" -- Announcing RiskSpan's new MSR solution! ** Whether you're working with agency, non-QM, or jumbo loans, get unmatched MSR insights and capabilities, including: ✅ Robust MSR pricing tools with detailed cash flow forecasts ✅ Granular loan-level analysis and historical performance metrics ✅ Advanced machine learning models for seamless data mapping ✅ Customizable risk analysis and scenario testing 🌟 As Chris Kennedy highlights: "This is a game-changer for the MSR market. By leveraging GSE historical performance data, we're delivering transparency and precision that empowers portfolio managers to make confident, data-driven decisions." To learn more about how our MSR Analytics Solution can optimize your portfolio performance and drive better results, visit https://gag.gl/BZHOQk. #RiskSpan #MSRAnalytics #Innovation #DataDriven

Nexus Underwriting, a leading MGA, use Company Watch to gain a competitive edge in trade credit underwriting. Ian Selby, Chief Underwriting Officer of Trade Credit, shares how Company Watch helps Nexus to: ☑ Automate risk assessments: Save time and resources with automated portfolio monitoring and data analysis. ☑ Gain deeper insights: Go beyond financials with TextScore® to analyse sentiment and predict potential distress. ☑ Make confident decisions: Leverage H-Score® for advanced insolvency prediction and accurate risk profiles. ☑ Stay proactive: Receive automated alerts for any changes in a client's portfolio, ensuring continuous risk management. At Company Watch, we empower businesses like Nexus Trade Credit to make informed decisions and protect themselves from financial risk. Watch the full video below below: ⬇ #riskanalysis #tradecredit #financialrisk #insurance #casestudy