Meet the ADEPT Decisions Management Team: Jason Kretzmann Introduction The entire ADEPT Decisions team has always prided itself on providing the ‘personal touch’ to our clients; whether it means going the extra mile on a project, accommodating short-notice configuration changes, or just providing a sounding board to the credit risk team. We believe that this [...]

The New Lending Industry Word Salad An Exploration of Some of the New Terms and TLAs Introduction Whoever said that the lending industry is boring and never changes clearly isn’t up to date on their reading! With the exponential growth of fintechs and mobile lenders over the past decade, a whole plethora of new products, [...]

Meet the ADEPT Decisions Management Team: Michael Lorenat Introduction The entire ADEPT Decisions team has always aimed to provide the ‘personal touch’ to our clients; whether it means going the extra mile on a project, accommodating short-notice configuration changes, or just providing a sounding board to the credit risk team. We believe that this flexible, [...]

Financial Inclusion Introduction In the 1970s disco era, there was a successful all-ladies German pop group called Silver Convention. One of their top 10 hits was ‘Everybody’s Talking ‘Bout Love.’ Whenever I hear the term financial inclusion, I often think of the lyrics to this song: “You know, everybody's talking about love these days It's [...]

Meet the ADEPT Decisions Management Team Introduction The entire ADEPT Decisions team has always strived to provide the ‘personal touch’ to our clients; whether it means going the extra mile on a project, accommodating short-notice configuration changes, or just providing a sounding board to the credit risk team. We believe that this flexible, ‘can do’ [...]

Stories and Learnings from a Career in Risk Management Introduction For this last article of the year, I thought it would be appropriate to write a light hearted piece about some of the funny or strange things I have encountered in my many years in the credit risk industry. Over these years I met a [...]

Meet the ADEPT Decisions Management Team Introduction The entire ADEPT Decisions team has always strived to provide the ‘personal touch’ to our clients; whether it means going the extra mile on a project, accommodating short-notice changes, or just acting as a sounding board to the credit risk team. We believe that this flexible, ‘can do’ [...]

Risk Tactics for Turbulent Times Introduction “There is a tide in the affairs of men, Which taken at the flood, leads on to fortune. Omitted, all the voyage of their life is bound in shallows and in miseries. On such a full sea are we now afloat. And we must take the current when it [...]

Fantasy Planning Introduction “He who fails to plan is planning to fail.” Winston Churchill. It never ceases to amaze me how little credit grantors actually plan. Speaking specifically about the credit risk environment, plans should be created for at least a 12 month cycle, which typically matches the company’s fiscal year. Whereas credit risk managers [...]

Corporate Memory vs. Corporate Amnesia Introduction Do you remember that Advanced Statistics mid-term that you took in the third year of your university degree? Can you remember what result you received and more importantly, why you did so poorly? Personal memory fades over time and the longer that mid-term test was sat, the less likely [...]