by. Michelle A. Samaad
Taking advantage of the latest advances in risk modeling and analytics is the impetus behind a new CUSO from Denali Alaskan Federal Credit Union.
The $500 million cooperative in Anchorage said it created Deep Future Analytics with the help of Prescient Models LLC, a Santa Fe, N.M.-based provider of analytical services for loan-level and portfolio scoring, forecasting, stress testing and economic capital.
Among the methods the CUSO will use for credit risk forecasting services are loan lifecycle effects at the product level, scoring attributes, environmental factors, age-period-cohort or vintage based analysis, forecasts at both the aggregate-portfolio and individual-loan levels and stress testing for economic scenarios.continue reading »