White Papers
Time is Running Out for IFRS 9 - Are you Ready?
New regulations from the International Accounting Standards Board (IASB) are meant to help lenders, and those that invest in them, to better understand the mystery of credit risk. IASB calls this new regulation International Financial Reporting Standard 9 (IFRS 9). This paper describes how IFRS 9 is ultimately a better way to measure loss provisions and how equipment finance companies can make sure that the inevitable increase in loss provisions is a realistic and supportable amount rather than a conservative and potentially inappropriate estimate.
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PayNet AbsolutePD® White Paper
This white paper outlines some key innovations of the PayNet AbsolutePD® Model. The Model provides statistical estimates of probabilities of default, over various forecast horizons, of private firms, based on their payment histories and various macroeconomic variables. It is well suited to applications in which there are no timely borrower-level financial statement histories available.
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Examining the Canadian Business Lending Indices (CBLI) as Indicators of Economic Activity
This paper examines the predictive qualities of the PayNet Canadian Business Lending Indices as indicators of economic activity.
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Examining the Canadian Business Delinquency Indices (CBDI) as Indicators of Economic Trends and Financial Stress
This paper examines the predictive qualities of the PayNet Canadian Business Delinquency Indices as indicators of economic trends and financial distress.
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