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Additional CreditEdge Training:
CreditEdge/Public Firm EDF Training - Online Tutorials
CreditEdge/Public Firm EDF Training - Client-Site Customized |
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Overview
This 2-hour online training session via WebEx provides a practical understanding of the public firm EDF methodology and its application using CreditEdge?a web-based application. Both the methodology behind the public EDF model and its application are explained in an intuitive and engaging format, allowing the audience to ask questions on specific issues. Participants learn to use CreditEdge to analyze default risk of public firms through interactive exercises.
Who Should Attend
This seminar is targeted to credit professionals who wish to better understand the Moody's KMV EDF model and its implementation in CreditEdge, so that they can fully utilize it to analyze credit risk of public firms.
Objectives
On completion of the seminar, participants will:
- Understand the public firm EDF methodology and its implementation in CreditEdge
- Understand the relationship between a public firm's capital structure, its market value of equity, and its market value of assets, and how it is used to calculate its probability of default.
- Know how to use CreditEdge to understand the drivers behind a firm's default risk, compare a firm with other firms or peer groups, and do what-if and pro-forma analyses
Topics
- What is EDF? What causes a firm to default?
- EDF Drivers: Market Value of Assets, Asset Volatility, and Default Point
- Calculating Market Value of Assets: Equity as a Call Option on Assets
- Calculating Asset Volatility
- Calculating Default Point
- Combining EDF Drivers to calculate Distance-to-Default
- Empirically mapping Distance-to-Default to EDF
Materials
Registered participants will receive the training material in advance of the session.
Registration Details
There is no need to have your own WebEx account to participate in our trainings. To test if your computer is ready to attend a WebEx meeting, please click here.
| Cost: |
There is no cost to attend, however you may need to make a toll call. Within the United States, the call is to the 650 area code. Outside the United States, WebEx has numerous access numbers. |
To register online for this course and other details, please click on the applicable date in the table below.
| Date and Time (Time Zone) |
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Location |
11 March 2010(9 AM New York/2 PM London)
*Note: Registration closes at 2 p.m. PST, March 10th. |
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Online |
13 May 2010 (9 AM New York/2 PM London)
*Note: Registration closes at 2 p.m. PST, May 12th. |
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Online |
16 September 2010 (9 AM New York/2 PM London)
*Note: Registration closes at 2 p.m. PST, September 15th. |
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Online |
18 November 2010(9 AM New York/2 PM London)
*Note: Registration closes at 2 p.m. PST, Novtember 17th. |
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Online |
Registration for the online training sessions will be suspended at 2PM (San Francisco time) the day before the session.
Note: The table above shows dates only for CreditEdge online training sessions. To view these dates along with dates for other online training sessions see the combined Risk Product Training Session Schedule - Online.
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