by Jonathan Leonardelli, FRM | Jun 9, 2020 | Regulations
In a recent webinar I participated in with SAS we discussed Economic Impact Analysis (EIA). While EIA is similar in concept to stress testing, its main goal is to allow credit unions to move quickly to evaluate economic changes to their portfolio—such as those brought...
by Samantha Zerger | Apr 17, 2020 | Business Analytics
Employees developed plans during the course of the project in order to create a standardized process with respect to regulation guidelines. Did you understand that sentence reading through the first time? The sentence is filled with bureaucratic phrasing which makes...
by Dominic Pazzula | Mar 30, 2020 | Private Capital Forecasting
A new blog by Preqin explores what COVID-19 could mean for private capital investors. FRG and Preqin, an industry-leading provider of data, analytics and insights for the alternative assets community, partnered to develop a novel cash flow prediction model. The model...
by Jonathan Leonardelli, FRM | Feb 21, 2020 | Business Analytics
Recently, I wrote about how a pandemic might be a useful scenario to have for scenario analysis. As I thought about how I might design such a scenario I considered: should I assume a global recession for the pandemic scenario? A pandemic, by definition, is an outbreak...
by Jonathan Leonardelli, FRM | Feb 13, 2020 | Business Analytics
A recent white paper I wrote discussed the benefits of scenario analysis. The purpose of scenario analysis is to see how economic, environmental, political, and technological change can impact a company’s business. The recent outbreak of COVID-19...
by Mike Forno | Feb 12, 2020 | General
We’re making it official: After more than a decade of operating as “The Financial Risk Group,” we’re changing our name to reflect what our clients have called us since the early days. We are excited to formally debut our streamlined “FRG” brand and logo. Our new look...
by Samantha Zerger | Nov 19, 2019 | CECL
Most financial institutions (FI’s) find that data is the biggest hurdle when it comes to regulatory requirements: they don’t have enough information, they have the wrong information, or they simply have missing information. With the CECL accounting standard, the range...
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 Samantha Zerger | Sep 16, 2019 | Business Analytics
This is the fifth post in an occasional series about the importance of technical communication in the workplace. “Work organisations are not only using and applying knowledge produced in the university but they are also producing, transforming, and managing knowledge...
