Credit Scoring in SME Asset-Backed Securities: An Italian Case Study

New Models for Rating Asset Backed Securities

The securitization of financial assets is a form of structured finance, developed by the U.S. banking world in the early 1980’s (in Mortgage-Backed-Securities format) in order to reduce regulatory capital requirements by removing and transferring risk from the balance sheet to other parties. Today, virtually any form of debt obligations and receivables has been securitized, resulting in an appr...

DCR Duff & Phelps Credit Rating Co . SPECIAL REPORT Asset - Backed Securities

February 2000 www.dcrco.com n recent years, collateralized debt obligations (CDOs) have emerged as one of the largest and fastest growing sectors of the asset-backed securities (ABS) market. Due to increasing use of bond and loan collateral within one transaction, the term collateralized debt obligation is becoming more popular, and the terms collateralized bond obligation (CBO) and collaterali...

Common Structures of Asset-backed Securities and Their Risks

In recent years, one area of growing concern in corporate governance is the accounting and transfer of risk using special purpose entities (or trusts). Such entities are used widely in issuing asset-backed securities. This paper provides an overview of the asset-backed securities market, and discusses the common structures used in this market to transform the risks associated with the underlyin...

Credit scoring - Case study in data analytics

Credit Scoring Data for Information Asset Analysis

Risk assessment is an important topic for financial institution nowadays, especially in the context of loan applications. Some of these institutions have already implemented their own credit scoring mechanisms to evaluate their clients’ risk and decide based in this indicator. In fact, the information gathered by financial institutions constitutes a valuable source of data for the creation of i...