Choosing the right model for CECL is crucial. Which one works best for your loan products and your data set? Joseph Breeden, author of Living with CECL: The Modeling Dictionary and Living with CECL: Mortgage Modeling Alternatives, will present the model performance comparisons, considerations, and possible solutions.
The models considered go from the simplest “spreadsheet” methods to the most complex statistical techniques. Although no one will be surprised that the most advanced methods perform best, we will discuss the trade-offs in accuracy, complexity, and the need to include Q-factors as you move across the modeling spectrum.
When:
Wednesday, September 12, 12:00 pm - 1:00 pm CDT
Register now: http://info.onapproach.
Featuring:
Joseph Breeden, COO and Chief Scientist, Deep Future Analytics, LLC; Founder, Prescient Models, LLC
Breeden brings more than 20 years of experience leading financial institutions through financial modeling, allowing clients to achieve real understanding of portfolio dynamics for retail lending where those problems originated.
Previously he was co-founder of Strategic Analytic, where he led the design of advanced analytic solutions including the invention of Dual-time Dynamics. Dr. Breeden has created financial models through the Mexican Peso Crisis, Asian Economic Crisis, 2001 Global Recession, Hong Kong SARS Recession, US Mortgage Crisis, and the Global Financial Crisis. These crises have provided Dr. Breeden with a rare perspective on crisis management and the analytics needs of executives for strategic decision-making. He currently serves as associate editor for the Journal of Risk Model Validation.
Joseph Breeden
