Category Archives: Moody’s

Moodys Webinar-On-Demand: CRE Credit Risk Solutions and Best Practices

Institutions are faced with increasing requirements to quantify risk in their commercial real estate (CRE) portfolios. These requirements come from shareholders seeking to maximize their risk adjusted return and from regulators requiring adequate capital reserve levels. Developing accurate default and recovery models for CRE mortgage portfolios is a significant challenge due to data limitations and constraints on internal resources.

Moody’s Analytics CRE credit risk experts, Christian Henkel and Sumit Grover, discuss the following topics:

Overview of CRE credit risk management challengesData management and credit risk solutions that address the needs of CRE risk managersCRE stress testing model and approach

Register here

Moody’s Teleconference : Behind Indiabulls’ First-Time (P)B1 Ratings, 3 Nov 2014, 11:30am IST

Moody’s Teleconference  : Behind Indiabulls’ First-Time (P)B1 Ratings, Monday, 3 November 2014, 11:30 IST
Discussion Items

  • Corporate structure and project portfolio
  • Key rating drivers – supports and constraints
  • Subordination risks and mitigating factors

 Speakers

Philipp Lotter, Managing Director, Corporate Finance Group

Vikas Halan, Vice-President – Senior Credit Officer

Vincent Tordo, Associate Analyst

The entire session — with prepared remarks and the Q&A — will last about one hour.

If you wish to participate, please RSVP early. Dial-in numbers will be provided.

 REGISTER HERE

 Registration Is Required

Replay information will be provided after the teleconference.

Submit Questions in Advance

Participants are encouraged to submit questions in advance of the teleconference by
clicking here.

Related Research and Methodologies       

A complete list of Moody’s methodologies may be found here.

Moody’s Analytics Webinar: Evolving Practices in Stress Testing Structured Finance Portfolios, Date: Thursday, October 16, 2014, 730pm IST

Webinar:  Evolving Practices in Stress Testing Structured Finance Portfolios

Date: Thursday, October 16, 2014
Time: 10:00 AM EST/730Pm IST

Register Now

Given the evolving regulatory environment, market participants are finding the need for greater transparency, consistency, and accuracy in reporting and analysis of their structured finance products. Join Moody’s Analytics and PRMIA for a complimentary webinar on Evolving Practices in Stress Testing Structured Finance Portfolio which focuses on:

  • Identifying the most challenging asset classes
  • Complexities in forecasting RWA
  • How to dynamically run macroeconomic scenarios

Presenter:
David Kurnov – Director, Structured Analytics and Valuation, Moody’s Analytics

Moderator:
Alexandru Voicu, Director of Education, PRMIA

This webinar is complimentary for all participants and is organized and presented by Moody’s Analytics. Thank you to Moody’s Analytics for making this webinar available to PRMIA members for their learning opportunity

Moody’s Teleconference : Global Automotive Industry Outlook 15 October 2014 130pm IST

Moody’s Teleconference  Global Automotive Industry Outlook

Wednesday, 15 October 2014,  09:00 London / 16:00 Hong Kong / 17:00 Tokyo

Discussion Items

  • Global Automotive Industry Outlook
  • Industry Conditions in China, Japan, Korea, US and Europe
  • Manufacturers’ Profit Drivers
  • Rising Risks in Emerging Markets
  • Rating Implications for Global Manufacturers

Speakers

Gary Lau, Managing Director, Corporate Finance Group

Bruce Clark, Senior Vice President

Chris Park, Senior Vice President

Peggy Furusaka, Vice President – Senior Credit Officer

Yasmina Serghini-Douvin, Vice President – Senior Credit Officer

Gerwin Ho, Vice President – Senior Analyst

The entire session — with prepared remarks and the Q&A — will last about one hour.

If you wish to participate, please RSVP early. Dial-in numbers will be provided.

REGISTER HERE

Registration is required.


Replay information will be provided after the teleconference.

Submit Questions in Advance

Participants are encouraged to submit questions in advance of the teleconference by
clicking here.

Related Research and Methodologies

A complete list of Moody’s methodologies may be found here.

 

Moody’s Teleconference Invitation: What Normalizing US Monetary Policy Means for Asian Credit, 22 September 2014, 12pm IST

Discussion Items

  • How will the end of Fed tapering and higher US rates in 2015 impact Asian credit?
  • Can Asian sovereigns weather the tightening in global liquidity?
  • Will Asian banking systems prove resilient in the new environment?
  • How exposed are Asian corporates to FX volatility and higher borrowing costs?

 

Speakers

Michael Taylor, Managing Director and Chief Credit Officer

Rahul Ghosh, Vice President – Senior Research Analyst

 

The entire session — with prepared remarks and the Q&A — will last about one hour. If you wish to participate, please RSVP early. Dial-in numbers will be provided.

REGISTER HERE

Registration Is Required.

Replay information will be provided after the teleconference.

 

Submit Questions in Advance

Participants are encouraged to submit questions in advance of the teleconference by
clicking here.

Related Research and Methodologies

A complete list of Moody’s methodologies may be found here.

 

Moody’s Teleconference Invitation (APAC – English): Proposed Bank Rating Methodology – 11 September 2014, 12pm IST

Moody’s Investors Service will be hosting a series of teleconferences in light of our Proposed Bank Rating Methodology – Request for Comment.

Discussion Items

  • Key changes and highlights
  • Macro profiles
  • BCA financial profile and qualitative adjustments
  • Support and structural analysis
  • Impact analysis

Speakers

Brian Cahill, Managing Director, Corporate Finance & Financial Institutions Group

Nick Hill, Managing Director, Financial Institutions Analytics

Stephen Long, Managing Director, APAC – Financial Institutions Group

The entire session — with prepared remarks and the Q&A — will last about one hour.

If you wish to participate, please RSVP early. Dial-in numbers will be provided.

REGISTER HERE

Registration Is Required

Replay information will be provided after the teleconference.

Submit Questions in Advance

Below is a list of dates covering all other regions

EMEA: Wednesday, 10 September 2014 10:00 EDT / 15:00 BST / 16:00 CEST 

 Americas: Wednesday, 10 September 2014 15:00 EDT / 20:00 BST / 21:00 CEST

 Japan – Japanese: Friday, 12 September 2014 10:00 HKT / 11:00 JST / 12:00 AEST

 APAC – Putonghua: Wednesday, 17 September 2014 14:30 HKT / 15:30 JST / 16:30 AEST

 A complete list of Moody’s methodologies may be found here.

Moody’s Analytics Webinar: How Moody’s Analysts Perform Peer Comparisons on Banks, 1230pm IST, 4 Sept 2014

Take advantage of our new Bank Financials and Analytics platform to achieve global comparability and superior data accuracy on the financials and credit metrics for Moody’s rated banks.

Join us in this webinar and learn how to:

»      Analyze peers through Moody’s single global view of bank financials.

»      Assess a bank’s credit risk profile with unprecedented levels of account detail in both reported and adjusted form.

»      Gain transparency into how Moody’s analysts adjust a bank’s reported financials.

Speakers:

Eric Girma, Senior Product Strategist, Product Strategy, Moody’s Analytics

Irene Chau, Senior Associate Product Specialist, Moody’s Analytics

Register here

Moody’s Teleconference Invitation: Indian Pharmaceutical Companies: Good Growth Prospects, But Debt to Rise Due to Global M&As, 3 September 2014 2pm IST

Moody’s Teleconference on Indian Pharmaceutical Companies:  Good Growth Prospects, But Debt to Rise Due to Global M&As

Wednesday, 3 September 2014, 9:30 London / 14:00 India / 16:30 Hong Kong

Discussion Items

  • Strengthening business profiles but smaller scale than top generic players
  • Some Indian firms will become active in global M&A space
  • Strong growth in India and good growth opportunities in the US generics market
  • US Food and Drug Administration quality standards create event risk
  • Promoter ownership models are credit positive for Indian drug firms

Speakers

Philipp Lotter, Managing Director, Corporate Finance Group

Michael Levesque, Senior Vice President

Kailash Chhaya, Vice President – Senior Analyst

The entire session — with prepared remarks and the Q&A — will last about one hour.

If you wish to participate, please RSVP early. Dial-in numbers will be provided.

REGISTER HERE

Registration Is Required

Replay information will be provided after the teleconference.

 

Submit Questions in Advance

Participants are encouraged to submit questions in advance of the teleconference by
clicking here.

Related Research and Methodologies       

 

A complete list of Moody’s methodologies may be found here.

 

Webinar-on-Demand: Best Practices for Credit and Counterparty Risk

Michael Infante, Chief Credit & Risk Officer at Cisco Capital, shares his insight on counterparty on-boarding and portfolio monitoring and credit exposure management, during his discussion with Mehna Raissi, Director at Moody’s Analytics.

Speakers

Mehna Raissi
Director, Moody’s Analytics

Michael Infante
Chief Credit & Risk Officer, Cisco Capital

Moody’s Australian High-Yield Sector – Are we at a turning point? Tuesday, 12 August 2014 11:30am IST


Discussion Items

  • How has the operating environment impacted credit quality?
  • What are the key risk factors for lowly-rated high-yield mining and related companies?
  • How do we view the liquidity and credit profile of the portfolio?
  • What are the drivers behind the growth in the high-yield portfolio?
  • How has the Australian High Yield portfolio evolved over recent years?

Speakers

Terry Fanous, Associate Managing Director, Corporate and Infrastructure Finance

Matthew Moore, Vice President – Senior Analyst, Corporate Finance

Saranga Ranasinghe, Analyst, Corporate Finance

The entire session — with prepared remarks and the Q&A — will last about one hour.

If you wish to participate, please RSVP early. Dial-in numbers will be provided.

REGISTER HERE

 Registration is required.

Replay information will be provided after the teleconference.

Related Research and Methodologies

Moody’s Teleconference Invitation: Indonesian Coal Producers: Liquidity Will Determine Ability to Weather Downturn, 4 August 2014, 7pm IST

Moody’s Teleconference Indonesian Coal Producers – Liquidity Will Determine Ability to Weather Downturn

 Monday, 4 August 2014, 9:30 London / 16:30 Hong Kong / 17:30 Tokyo

Discussion Items

  • Depressed coal prices will pressure credit quality through 2015
  • Leverage will weaken as margins and cash flows contract
  • Producers with strong liquidity levels are best positioned
  • Update on Berau Coal’s refinancing plans

Speakers

Philipp Lotter, Managing Director, Corporate Finance Group

Brian Grieser, VP – Senior Analyst

Rachel Chua, Associate Analyst

The entire session — with prepared remarks and the Q&A — will last about one hour.

If you wish to participate, please RSVP early. Dial-in numbers will be provided.

 REGISTER HERE

 Registration Is Required

Replay information will be provided after the teleconference.

Submit Questions in Advance

Participants are encouraged to submit questions in advance of the teleconference by
clicking here.

 

 

Save-the-Date Invitation: Moody’s & ICRA Teleconference: India Budget 2015, 15 July 2014

Moody’s & ICRA Teleconference

India Budget 2015

 

Tuesday, 15 July 2014

14:00 India / 16:30 Hong Kong / 17:30 Tokyo

To register, please click here.

Program details and final invitation will follow closer to the events.

 

Analysts from Moody’s and ICRA’s Banking, Corporate and Infrastructure Finance Group will be available for Q&A.

Moody’s Teleconference Invitation – South and Southeast Asian High-Yield Corporates: Most Rated Corporates Can Manage Foreign Currency Debt Exposure, 17 June 2014

Moody’s Teleconference

South and Southeast Asian High-Yield Corporates
Most Rated Corporates Can Manage Foreign Currency Debt Exposure

Tuesday, 17 June 2014

15:00 Hong Kong / 16:00 Tokyo / 17:00 Sydney

Discussion Items

  • Of $82.5 total debt outstanding, $53.0 is in foreign currency debt
  • Nearly 82% of foreign debt is denominated in US dollars
  • Natural and financial hedges mitigate most foreign currency risks
  • Majority of companies have headroom under bank covenants

 

 

Speakers

Philipp Lotter, Managing Director, Corporate Finance Group

Laura Acres, Associate Managing Director

Annalisa Di Chiara, Vice President – Senior Analyst

 

 

The entire session — with prepared remarks and the Q&A — will last about one hour.

If you wish to participate, please RSVP early. Dial-in numbers will be provided.

 

 

REGISTER HERE

 

 

Registration Is Required


Replay information will be provided after the teleconference.

 

Submit Questions in Advance

Participants are encouraged to submit questions in advance of the teleconference by
clicking here.

 

 

Related Research and Methodologies

 

 

 

Moody’s Webinar : Private Firm C&I Credit Risk Solutions & Best Practices, 12th June, 830pm IST

Private Firm C&I Credit Risk Solutions & Best Practices

Date: Thursday, June 12, 2014
Time: 8:00 AM PDT / 11:00 AM EDT

Register Now

How do you measure the credit risk of private firms? Do you have an internal rating system? How do you benchmark to ensure consistency of credit evaluation in your global operations?

Private firm risk measurement is essential in assessing the risk of direct exposures as well as counterparty risk associated with business transactions. Many risk practitioners face the challenge of building, validating, and integrating credit analytics into their internal models and stress-testing platforms. Streamlining the flow allows firms to focus less on process and more on risk analysis.

Join Moody’s Analytics for a complimentary webinar with private firm C&I credit risk experts, Christian Henkel, Director, Risk Consulting and Mehna Raissi, Director, Product Management to discuss the following topics:

  • Overview of C&I credit risk management challenges
  • Data management and credit risks solutions  that address the needs of risk managers
  • Private firm stress testing model & approach

Webinar : Commercial Real Estate (CRE) Credit Risk Solutions & Best Practices, 3rd June 2014, 11am ET

How do you measure the credit risk of new commercial mortgages during the loan origination process? Are you currently monitoring and managing risk involving your commercial real estate (CRE) portfolio?

Institutions are faced with increasing requirements to quantify risk in their CRE portfolios. These requirements come from shareholders seeking to maximize their risk adjusted return and from the regulators requiring adequate capital reserve levels. Developing accurate default and recovery models for CRE mortgage portfolios is a significant challenge due to data limitations and constraints on internal resources.

Join Moody’s Analytics for a complimentary webinar with commercial real estate credit risk experts, Christian Henkel, Director, Risk Consulting and Sumit Grover, Associate Director, CRE Product Management to discuss the following topics:
• Overview of CRE credit risk management challenges
• Data Management & Credit Risk solutions that address the needs of this asset class
• CRE Stress Testing Model & Approach

Moody’s Teleconference and Live Webcast: The Credit Performance of Infrastructure Debt, 14 May 2014, 7am IST

Moody’s Teleconference and Live Webcast: The Credit Performance of Infrastructure Debt. 

WEDNESDAY 14 MAY 2014
09:30AM HKT
10:30AM JST
11:30AM EST

Register Now Button
On Wednesday 14 May Moody’s Investors Service will hold a teleconference and live webcast hosted by Andrew Davison, Senior Vice President, Infrastructure Finance Group to discuss the credit performance of Infrastructure Debt. The webcast will provide an overview and discussion of the key findings from Moody’s updated study of infrastructure default and recovery rates, published on Monday 12 May 2014.

The discussion will be led by the study’s lead authors:

Bill Hunter – Vice President, Senior Credit Officer, Credit Policy
Merxe Tudela – Vice President, Senior Analyst, Credit Policy

Moody’s currently rates $3.5 trillion of infrastructure securities globally.  This total comprises $2.7 trillion of debt and preferred stock issued by corporate ‎infrastructure and project ‎finance entities and $0.8 trillion of infrastructure debt issued by US municipal entities.

The following topics will be discussed:

  • The nature of Infrastructure and the composition of Moody’s rated portfolio of Infrastructure Debt
  • Trends in credit quality, including rating transition
  • Default rates, recovery rates and credit loss rates
  • Rating accuracy and performance

The call will last approximately 30 minutes. A replay will be available after the call.

Registration for this event is required.  Should you have any questions please email asiaevents@moodys.com or contact Moody’s Asia Pacific Client Service desk +852-3551-3077.

For press inquiries please follow this link.

This teleconference and live webcast will also be held on Tuesday 13 May 2014 for interested parties in the Americas and EMEA regions at 11:00AM EDT16:00PM BST17:00 CEST. For further details, please follow this link.

Register Now Button

Moody’s Teleconference : Bank Contingent Capital Securities (CoCo’s) , 14th May 1230pm

Moody’s Teleconference 

Bank Contingent Capital Securities (CoCo’s)

Behind Moody’s Proposed Approach for Rating Bank ‘High Trigger’ CoCo’s

 

Wednesday, 14 May 2014

15:00 Hong Kong / 16:00 Tokyo / 17:00 Sydney

Discussion Items 

  • Significant increase in issuance of bank CoCo’s
  • Suggested framework for rating high trigger CoCo’s
  • Revisions to existing framework for rating non-viability CoCo’s

 

Speakers

Stephen Long, Managing Director, Financial Institutions Group

Barbara Havlicek, Senior Vice President – Group Credit Officer, Hybrid Capital Group

 

The entire session — with prepared remarks and the Q&A — will last about one hour.

If you wish to participate, please RSVP early. Dial-in numbers will be provided.

 

 

REGISTER HERE

 

 

Registration Is Required.


Replay information will be provided after the teleconference.

 

Submit Questions in Advance

Participants are encouraged to submit questions in advance of the teleconference by
clicking here.

 

 

Related Research and Methodologies

 

 

 

 

A complete list of Moody’s methodologies may be found here.

Moody’s Teleconference ASEAN and Indian BanksPockets of Risk Despite Resilience to US Fed Tapering Tuesday, 15 April 2014 14:00 India

Moody’s Teleconference ASEAN and Indian BanksPockets of Risk Despite Resilience to US Fed Tapering 

Tuesday, 15 April 201414:00 India / 16:30 Hong Kong / 17:30 Tokyo

Discussion Items

·         Strengths: Capital buffers against higher interest rates·         Risks: Rise in debt-servicing burdens and correction in asset prices

·         Peer comparison: More resilient than other emerging markets to US tapering

Speakers : 

Rahul Ghosh, Vice President – Senior Research Analyst

Eugene Tarzimanov, Vice President – Senior Credit Officer, Financial Institutions Group

Moody’s analysts from the Financial Institutions Group, covering ASEAN and Indian banks will also be present to take questions during the Q&A session.  The entire session — with prepared remarks and the Q&A — will last about one hour.If you wish to participate, please RSVP early. Dial-in numbers will be provided.  REGISTER HERE  Registration is required.

Participants are encouraged to submit questions in advance of the teleconference by clicking here. 

Related Research and Methodologies·

Press Release: ASEAN and India banking systems well positioned to cope with tapering and higher interest rates, 8 April 2014 ·

Special Comment: ASEAN and Indian Banks Resilient to US Tapering and Higher Interest Rates7 April 2014 ·

Special Comment: Fed Tapering Will Lead to Greater Credit Differentiation in Asia,11 March 2014   A complete list of Moody’s methodologies may be found here.

PRM/Moody’s : Introducing Illiquid Investments to Total Portfolio Management and ERM, April 30, 2014 at 12 pm US ET

Presented by Emilian Belev, CFA, ARPM

Head Enterprise Risk Analytics, Northfield Information Services Inc.

Wednesday, April 30, 2014 at 12 pm US Eastern Time

The rigorous risk analysis of illiquid investments like real estate and infrastructure alongside publicly traded investments in an ERM setting has been an object of many attempts, with little practical success until now.  This presentation will outline the details of a new risk model designed for this task.  The model is based in the philosophy of breaking complex investments down to their elemental pieces, and intuitively reassembling them into a coherent whole, using a general risk factor framework. The immediate benefits of this approach are two: a) it enables the rigorous risk measurement and estimation of the relevant factor exposures of investments with unobservable price time series, and b) it allows the seamless integration of measured risks of liquid and illiquid investments.  We present evidence supporting the model results, and share the actual experience of a large scale implementation at a major pension fund.

In particular, we will focus on the following issues:

  • The practical challenges of illiquid investments to risk management
  • The elements of illiquid investment risk
  • Identifying appropriate risk drivers for each of those risk constituents
  • Finding appropriate observable real world measures for the success of a model of the unobservable
  •  The practical implications of setting up such a model in the investment process

The presentation is well suited for Investment Officers, ERM professionals, long term investors, asset managers, senior real estate and infrastructure research staff, as well as academics.

Register here : https://www.cvent.com/events/moody-s-analytics-corep-finrep-webinar/registration-51448ead9d064aab8e528eebec3e8d44.aspx?r=77056e27-1b10-4d8e-978f-6b321629fbb9&refid=PRMIA&RefID=PRMIA