Moody’s KMV launches loan mark-to-market tool
Bank of America has been using the tool for more than a year. According to John Walter, a member of the US bank’s risk capital and portfolio analysis team, the bank runs weekly valuations of portions of its middle market and commercial loan book. Loan portfolio managers are able to view the valuation and run scenario analysis to investigate the drivers of loan value.
Jeffrey Bohn, head of the research and product management group at Moody’s KMV in San Francisco, highlighted CreditMark’s ability to capture the implicit optionality of loans in valuations as one of the significant strengths of the tool.
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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Technology
Risk management
Nasdaq whacked with $36 million fine over Aas default
Swedish regulator’s fine poses serious questions over default management and margining, while providing few answers
Receive this by email