MRMS releases loss-given default predictor

Moody’s Risk Management Services (MRMS) claims its latest product, LossCalc, is the first risk management tool to predict the loss-given default (LGD) for creditors in the event of a corporate bankruptcy.

The development of an LGD tool could have important consequences for creditors under the Basel II Accord. Credit risk systems vendors mainly only provide tools to measure probability of default. Under Basel II, banks must estimate both probability of default and LGD as part of their

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: