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)...
by Dessa Glasser | Nov 5, 2018 | Data
“Data! Data! Data! I can’t make bricks without clay.” — Sherlock Holmes, in Arthur Conan Doyle’s The Adventure of the Copper Beeches You should by now have a solid understanding of the growth of and history of data, data challenges and how to...
