The IACPM is a non-profit organization dedicated to advancing the practice of credit portfolio management.
IACPM Weekly SmartBrief
Essential News for Credit Portfolio Management Professionals
Banks aim to restructure one-way collateralized-swaps agreements
Chair: Derek Saunders, HSBC
Chair: Marcia Banks, IACPM
Chair(s): Cam DesBrisay, RBC Capital Markets and Allan Yarish, Channel Capital Advisors
Chair: Mark Davis, UBS AG
Chair: Michel Araten, JP Morgan Chase
The Committee discusses quantitative issues affecting credit portfolio managers and develops and advocates industry best practices for data and modeling topics. The Committee is currently working on a project on credit valuation methodologies. Previous initiatives include work on the convergence of credit capital models and portfolio benchmarking.Chair: Som-lok Leung, IACPM
The project's goal is - to provide an opportunity to IACPM member firms to compare economic capital and stress testing (for credit risk) against their peers, i.e., benchmark calculation parameters, methodologies, and execution, and benchmark policy and usage - to provide information useful for discussions with local regulators - to publish a research paper or article based on resultsChair: Som-lok Leung, IACPM
The credit crisis and the advent of Basel III has greatly increased the liquidity costs associated with many credit products, and successful management of credit portfolios will likely entail an increased understanding of liquidity management. The primary objective of this project is to understand and benchmark how IACPM member firms prepare and cope with these changes.Chair: Jeffery Weaver, KeyCorp
The Committee promotes liquidity in the middle market and less liquid asset classes and serves as a discussion forum for IACPM members on middle market topics. Projects have included benchmarking of private firm credit risk models and other issues affecting less liquid credit assets.Chair: Som-lok Leung, IACPM
The Regulatory Committee reviews regulatory developments, and identifies issues that are important for credit portfolio managers.Chair: Juliane Littman, IACPM
Helps with the improvement of the IACPM website.