Financial risk modeling

Qivalio joins forces with Axesor Rating, Spain's no. 1 independent credit rating agency, to become the European alternative in ESG and credit ratings; The new Group's activities will be brought together under the brand "EthiFinance"

Retrieved on: 
Thursday, February 17, 2022
MARF, CEO, Capital Markets Union, European Securities and Markets Authority, Group, Spread Research, Solution, Union, Leadership, Environment, Risk, Acquisition, ESMA, Research, Financial risk modeling, ESG, CSRD, Renewable energy, Bank, Risk management, European

PARIS, Feb. 17, 2022 /PRNewswire/ --Qivalio, the French rating agency, has announced today its acquisition of Axesor Rating, the leading Spanish rating agency.

Key Points: 
  • PARIS, Feb. 17, 2022 /PRNewswire/ --Qivalio, the French rating agency, has announced today its acquisition of Axesor Rating, the leading Spanish rating agency.
  • This acquisition marks the birth of a European player in independent credit and ESG ratings: EthiFinance.
  • The acquisition of Axesor Rating, the first independent Spanish rating agency, stems from Qivalio's desire to develop its operations in Europe.
  • Axesor Rating is registered with ESMA, the European Securities and Markets Authority, which allows the issuance of ratings throughout the European Union.

POCARED Diagnostics Secures $50 Million Capital Commitment From GEM as Company envisages going public via SPAC merger

Retrieved on: 
Thursday, July 1, 2021
Drawdown, Financial risk, Financial risk modeling, Linear programming, Infection, Finance, Articles, Economy

POCARED will control the timing and maximum amount of drawdowns under this facility and has no minimum drawdown obligation.

Key Points: 
  • POCARED will control the timing and maximum amount of drawdowns under this facility and has no minimum drawdown obligation.
  • Concurrent with a public listing of POCARED's shares, POCARED will issue warrants to GEM to purchase up to 5% of the common stock of the company.
  • POCARED Diagnostics Ltd (POCARED) is on the verge of revolutionizing infectious disease diagnosis by introducing the world's fastest time to results.
  • "This GEM Group investment and funding will enable our talented and dedicated POCARED team to realize their ultimate goal of transforming Infectious Disease Diagnostics.

OSFI issues proposed regulatory changes to the treatment of credit valuation adjustments

Retrieved on: 
Friday, June 18, 2021
Finance, Money, Mathematical finance, Credit risk, Academic disciplines, Monte Carlo methods in finance, Actuarial science, Financial risk modeling, XVA, Credit valuation adjustment, Capital requirement, Office of the Superintendent of Financial Institutions

OTTAWA, ON, June 18, 2021 /CNW/ - Today the Office of the Superintendent of Financial Institutions (OSFI) launched an industry consultation on proposed regulatory changesto the treatment of credit valuation adjustments (CVA) and market risk hedges of other valuation adjustments of over-the-counter derivatives referred to as XVA.

Key Points: 
  • OTTAWA, ON, June 18, 2021 /CNW/ - Today the Office of the Superintendent of Financial Institutions (OSFI) launched an industry consultation on proposed regulatory changesto the treatment of credit valuation adjustments (CVA) and market risk hedges of other valuation adjustments of over-the-counter derivatives referred to as XVA.
  • The proposed revisions affect OSFI's Capital Adequacy Requirements (CAR) Guideline, Chapter 8 on CVA risk.
  • The proposed changes are a continuation of OSFI's industry consultation on proposed regulatory changesto incorporate the latest and final round of BaselIII reforms into its capital, leverage and related disclosure guidelines for banks announced in March 2021 .
  • OSFI will publish a summary of comments with the release of its final guidance in late 2021.

AM Best Revises Outlooks to Negative for Health Services Welfare Society Limited

Retrieved on: 
Wednesday, June 16, 2021
Insurance, Professional services, Financial risk modeling, Competition, Pricing, Diversification

The revision of the outlooks to negative reflects AM Bests expectation of increased pressure on Accuros balance sheet strength fundamentals.

Key Points: 
  • The revision of the outlooks to negative reflects AM Bests expectation of increased pressure on Accuros balance sheet strength fundamentals.
  • As a member-owned organisation, AM Best considers Accuros financial flexibility to be limited.
  • Prospectively, AM Best expects Accuro to maintain adequate operating results, supported by a robust pricing strategy and positive investment returns.
  • The companys business profile assessment of limited reflects its relatively small-scale operations, and limited product and geographical diversification in New Zealand.

AlternativeSoft - Quant Insight: Rachev Ratio, How Is It Calculated, and Does It Help to Prevent Drawdowns?

Retrieved on: 
Tuesday, June 1, 2021
Professional services, Finance, Fields of mathematics, Financial ratios, Finance, Articles, Rachev ratio, Financial risk modeling, Financial models, Linear programming, Drawdown, Ratio

It goes without saying that the lower this ratio is, the higher is the probability of extreme gains relative to extreme losses.

Key Points: 
  • It goes without saying that the lower this ratio is, the higher is the probability of extreme gains relative to extreme losses.
  • In this article we will evaluate whether Rachev Ratio can be a metric used to avoid significant drawdowns.
  • The lowest 4 Rachev Ratios between 2005 and 2019 ended up having Max Drawdowns ranked in the top 5 in 2020.
  • AlternativeSoft provides a wide range of analytical tools for Asset Selection and Portfolio Management, including Rachev Ratio analysis across Peer Groups and Watchlists.

The Difference Between the Sharpe Ratio (“SR”) and the Smart Sharpe Ratio - AlternativeSoft

Retrieved on: 
Thursday, May 27, 2021
Professional services, Data management, Technology, Finance, Other Science, Science, Finance, Money, Financial ratios, Economy, Mathematical finance, Financial risk modeling, Financial models, Sharpe ratio, Investment, Drawdown, Sharpe, Alpha

The Sharpe Ratio (SR) does not consider sharp drawdowns, while Smart Sharpe Ratio does.

Key Points: 
  • The Sharpe Ratio (SR) does not consider sharp drawdowns, while Smart Sharpe Ratio does.
  • View the full release here: https://www.businesswire.com/news/home/20210527005597/en/
    Sharpe Ratio is one of the most used metrics for Asset Analysis in the investment industry.
  • The ratio simply measures the excess return over volatility; hence it does not forecast the future.
  • Anything below 1 is considered sub-optimal, while anything above 2 is regarded as good, and above 3 is excellent.

LendingPoint Hires Ashish Gupta as Chief Risk Officer

Retrieved on: 
Tuesday, May 25, 2021
Software, Finance, Data management, Professional services, Technology, Online Retail, Retail, Security, Articles, Financial services, Economy, Actuarial science, Financial markets, Financial law, Financial technology, Chief risk officer, Financial risk modeling, Financial risk, Bank

Financial technology platform LendingPoint today announced that veteran risk executive, Ashish Gupta, has joined LendingPoint as Chief Risk Officer (CRO).

Key Points: 
  • Financial technology platform LendingPoint today announced that veteran risk executive, Ashish Gupta, has joined LendingPoint as Chief Risk Officer (CRO).
  • Gupta will lead data science/AI, risk, fraud, and market modeling as well as pricing for LendingPoints direct-to-consumer and point of sale/ecommerce verticals.
  • Gupta is a financial industry leader with more than 15 years of experience spanning banking and fintech credit products.
  • As an industry veteran and leader in AI-driven risk modeling and consumer lending, Ashish brings fresh eyes and a new perspective to the LendingPoint team, said Tom Burnside, CEO of LendingPoint.

Paychex Recognized for Excellence in Financial and Operational Risk Management by Treasury & Risk Magazine

Retrieved on: 
Thursday, April 22, 2021
Actuarial science, Academic disciplines, Articles, Risk, Credit risk, LinkedIn, Paychex, Operational risk management, Financial risk modeling, Risk management, Operational risk

On the strength of the company\'s recent innovations in financial and operational risk management, Paychex was honored by Treasury & Risk magazine with two Alexander Hamilton Awards.

Key Points: 
  • On the strength of the company\'s recent innovations in financial and operational risk management, Paychex was honored by Treasury & Risk magazine with two Alexander Hamilton Awards.
  • "\nTo manage increased risk during the COVID-19 pandemic, Paychex deployed a newly developed credit risk model.
  • Using the up-to-date inputs, the model assigned a real-time credit risk score, which allowed Paychex to engage customers in need of cash flow assistance quickly.
  • Learn more about Paychex by visiting paychex.com and stay connected on Twitter and LinkedIn .\n'

Bernstein Research Introduces "Alphalytics" Tool to Better Quantify Value of the Global Asset Management Industry

Retrieved on: 
Thursday, April 8, 2021
Finance, Money, AllianceBernstein, Financial economics, Financial markets, Investment management, Financial risk modeling, Financial models, Actuarial science

NEW YORK, April 8, 2021 /PRNewswire/ --Bernstein Research, the leading global sell side research arm of AllianceBernstein L.P. ("AB") (NYSE: AB), has officially rolled out a first-of-its-kind "Alphalytics" tool to better quantify and effectively measure the skillsets and value of the global asset management industry.

Key Points: 
  • NEW YORK, April 8, 2021 /PRNewswire/ --Bernstein Research, the leading global sell side research arm of AllianceBernstein L.P. ("AB") (NYSE: AB), has officially rolled out a first-of-its-kind "Alphalytics" tool to better quantify and effectively measure the skillsets and value of the global asset management industry.
  • Through an interactive, web-based platform, Alphalytics analyzes, compares and identifies idiosyncratic returns, long term and tactical style tilts, andother attributes for thousands of asset management products spanning various asset classes.
  • Asset owners can use the tool to identify products that best suit their needs and construct fund portfolios that offer the desired style exposures and the most diversified returns.
  • Additionally, asset managers can leverage Alphalytics to measure a manager's skill and value as well as diagnose and fix problems.

ISW Holdings Inc. (ISWH) Offers Diversification in a Single Company

Retrieved on: 
Wednesday, March 31, 2021
Diversification, Financial risk modeling, ISW

Institutional money has been pouring into each, further adding to the momentum and validating investment theses.

Key Points: 
  • Institutional money has been pouring into each, further adding to the momentum and validating investment theses.
  • Its difficult to get exposure to both from a single company, but diversification is the mantra of ISW Holdings Inc. (OTC: ISWH), which has been actively growing its portfolio in both cryptocurrency and healthcare, which complements its logistics and supply chain management division.
  • ISW Holdings, based in Nevada, is a diversified portfolio company comprised of essential business lines that serve consumer product demands.
  • Together, with its partners, ISW Holdings seeks to provide a structure that meets large scalability demands, as well as anticipated marketplace needs.