IECA Webinars

WEB160614 - Developing and Using Internal Ratings – an Important Tool for Evaluating the Credit Health of Your Counterparties

Jun 14, 2016 12:00pm ‐ Jun 14, 2016 1:00pm


Credits: None available.

Members: $0.00
Standard: $35.00

Description

June 14, 2016

Please join us for a presentation and discussion regarding developing and using internal ratings. Rachel Reisenauer, Vice President of RMG Financial Consulting, will cover throughout the presentation the benefits and uses of scoring (and point out some weaknesses too) including:

  • Consistency across counterparties particularly non-rated entities
  • Limitations of rating agency ratings
  • Caution against over-reliance on just the results (need to do some homework too)
  • Scoring should be just one of many tools to evaluate counterparties
  • Mapping your score to credit limits

 

She will also point out various methods of credit scoring and the pieces needed in developing scoring including:

  • Scorecards by counterparty type (one size does not fit all)
  • Layering in adjustments (beyond financial statement info), including, quantitative adjustments to financials, qualitative factors and rating agencies
  • Model should have some flexibility and transparency, and be easy to use and understand
  • Importance of backtesting and validation of your model
  • CDS

Speaker(s):

Credits

  • 0.00 - No Credit

You must be logged in and own this session in order to post comments.

Print Certificate
Review Answers
Print Transcript
Completed on: token-completed_on
Review Answers
Please select the appropriate credit type:
test_id: 
credits: 
completed on: 
* - Indicates answer is required.
token-content
token-index
token-content
token-index
token-content
token-index
token-content
token-index
token-content
token-index
token-content
token-index
token-content
/
/
token-index
token-content