Credit Benchmark and Oliver Wyman Launch IRB Nexus to Help Banks Improve Model Performance and Calibration
Marsh & McLennan Companies, Inc. (MMC)
Last marsh & mclennan companies, inc. earnings: 4/30 07:00 am
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Credit Benchmark, in collaboration with Oliver Wyman, announced today the launch of IRB Nexus, an innovative credit analytics solution that helps banks enhance regulatory compliance of their internal ratings-based (IRB) models, specifically for low- and no-default portfolios. IRB Nexus is Oliver Wyman’s modelling analytics powered by Credit Benchmark data. The solution helps financial institutions to more effectively validate their IRB models, maintain a competitive edge, and address regulatory requirements.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241126314566/en/As banks adapt their IRB models to meet evolving global regulatory standards, many struggle to assess risk for low-default portfolios that lack extensive historical data. These portfolios, which may include funds, including alternative investment funds, and non-bank financial institutions are frequently monitored by global regul
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News
- Marsh McLennan's CIO started with a summer job in 1995. He never left and now leads a team of more than 5,000 technologists [Yahoo! Finance]Yahoo! Finance
- Work at Fortune [Fortune]Fortune
- Credit Benchmark and Oliver Wyman Launch IRB Nexus to Help Banks Improve Model Performance and Calibration [Yahoo! Finance]Yahoo! Finance
- Marsh & McLennan Companies, Inc. (NYSE: MMC) had its "outperform" rating re-affirmed by analysts at Evercore ISI. They now have a $242.00 price target on the stock.MarketBeat
- Marsh & McLennan Companies, Inc. (NYSE: MMC) had its price target raised by analysts at Barclays PLC from $236.00 to $246.00. They now have an "equal weight" rating on the stock.MarketBeat
MMC
Earnings
- 10/17/24 - Beat
MMC
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- MMC's page on the SEC website