by Dominic Pazzula | Oct 28, 2019 | Private Capital Forecasting
FRG, partnered with Preqin, has developed a system for simulating cash flows for private capital investments (PCF). PCF allows the analyst to change assumptions about future economic scenarios and investigate the changes in the output cash flows. This post will pick...
by Samantha Zerger | Oct 15, 2019 | CECL
The Board of Governors of the Federal Reserve System’s SR 11-7 supervisory guidance (2011) provides an effective model risk management framework for financial institutions (FI’s). SR 11-7 covers everything from the definition of a model to the robust...
by Jonathan Leonardelli, FRM | Mar 25, 2019 | CECL
I would argue that a critical step in getting ready for CECL is to review the vintage curves of the segments that have been identified. Not only do the resulting graphs provide useful information but the process itself also requires thought on how to prepare the data....
by Jonathan Leonardelli, FRM | Mar 18, 2019 | CECL
Paragraph 326-20-30-3 of the Financial Accounting Standards Board (FASB) standards update[1] states: “The allowance for credit losses may be determined using various methods”. I’m not sure if any statement, other than “We need to talk”, can be as fear inducing. Why is...
by Jonathan Leonardelli, FRM | Mar 11, 2019 | CECL
I don’t know about you, but I find caterpillars to be a bit creepy[1]. On the other hand, I find butterflies to be beautiful[2]. Oddly enough, this aligns to my views on the different stages of data in relation to model development. As a financial institution (FI)...
