News Article

Conferences and Seminars

S&P Risk Solutions Offers Credit Risk Management Training In London

By CreditMan Tuesday, May 27, 2008

LONDON, May 27 2008 - Standard and Poor’s Risk Solutions, a leading provider of integrated credit risk solutions, today announced the relaunch of credit risk training services for risk professionals in Europe. Standard & Poor's Risk Solutions will host the first in a series of open, interactive, instructor-led courses that leverage Standard & Poor’s Ratings Services experience in credit risk and Standard & Poor’s Risk Solutions insights into credit portfolio management in London on July 8, 2008.

The one-day course, Credit Risk Portfolio Management, will provide a thorough grounding in credit risk and bank capital management for experienced finance professionals operating at the portfolio level. Through case studies, participants will gain an understanding of the key aspects of active credit portfolio management and its use in effective portfolio and risk management, including an introduction to alternate measures of risk, strategic uses of economic capital, the impact of Basel II on capital management practices, and pricing credit-risky cash flows with default probabilities, recoveries and credit spreads.

“The course will give participants an appreciation of the major challenges in implementing effective credit risk portfolio management and the strategic uses of economic capital, helping them better align risk management with strategic business decisions,” said Bogie Ozdemir, course leader and Vice President of Standard & Poor’s Risk Solutions. “As a knowledge-based organization, Standard & Poor’s occupies a leading position in independent, objective credit risk analysis, and is well placed to share this experience and methodologies widely among finance professionals.”

Those that would benefit from the session include credit portfolio managers, risk managers and analysts, and other senior executives responsible for treasury, Basel II implementation, capital management and capital allocation.

Standard & Poor’s Risk Solutions will host a second session on Loss Given Default (LGD) and Downturn LGD: Intelligent Practical Solutions for the low default environment, in London in Autumn 2008. Further details will be announced in due course.

The registration form and agenda for the course, which will be held at Standard & Poor’s Conference Center at 20 Canada Square, Canary Wharf, London, E14 5LH, is available for download at: . For further information on any of Standard & Poor's courses, please contact Standard & Poor’s Credit Training Services on (44) 20-7176-3600 or e-mail