CECL: DCF vs. Non-DCF Allowance — Myth and Reality

FASB’s CECL standard allows institutions to calculate their allowance for credit losses as either “the difference between the amortized cost basis and the present value of the expected cash flows” (ASC 326-20-30-4) or “expected credit losses of the amortized cost basis” (ASC 326-20-30-5). The first approach is commonly called the discounted cash flow or “DCF…

cecl dcf non-dcf

Risk-as-a-Service – Transforming Portfolio Market Risk Analytics

Watch RiskSpan Co-Founder and Chief Technology Officer, Suhrud Dagli, discuss RiskSpan's Risk-as-a-Service offerings. RiskSpan's market risk management team has transformed portfolio risk analytics through distributed cloud computing. Our optimized infrastructure powers risk and scenario analytics at speeds and costs never before possible in the industry. Still want more? Take a look at our portfolio market...

CTO Suhrud Dagli | Risk-as-a-Service

CRT Deal Monitor: October 2018 Update

RiskSpan’s CRT Deal Monitor tracks several metrics related to deal performance and credit profile, putting them into a historical context by comparing the same metrics for recent-vintage deals against those of ‘similar’ cohorts in the time leading up to the 2008 housing crisis. The analysis depicts visually how credit metrics are trending today and shows…

RiskSpan VQI: Current Underwriting Standards – September 2018

VQI held steady for the September at 99.31 compared to 99.43 in August. There was a small increase in proportion of loans made made for cash-out refinance. However, there was a slight reduction in loans made to Investors which offset the increase. VQI below 100 indicates stricter underwriting standards compared to January 2003. RiskSpan introduced the VQI in 2015 as a…

Analytics-as-a-Service – CECL Forecasting

The RiskSpan Edge Platform CECL Module delivers the technology platform and expertise to take you from where you are today to producing audit-ready CECL estimates. Our dedicated CECL Module executes your monthly loss reserving and reporting process under the new CECL standard, covering data intake, segmentation, modeling, and report generation within a single platform. Watch…

Video
Dave Andrukonis Explains RiskSpan Platform CECL Module

RiskSpan Edge Platform API

The RiskSpan Edge Platform API enables direct access to all data from the RS Edge Platform. This includes both aggregate analytics and loan-and pool-level data.  Standard licensed users may build queries in our browser-based graphical interface. But, our API is a channel for power users with programming skills (Python, R, even Excel) and production systems…

Video

CRT Deal Monitor: Understanding When Credit Becomes Risky

This analysis tracks several metrics related to deal performance and credit profile, putting them into a historical context by comparing the same metrics for recent-vintage deals against those of ‘similar’ cohorts in the time leading up to the 2008 housing crisis. You’ll see how credit metrics are trending today and understand the significance of today’s…