Various regulatory, accounting and portfolio management exercises require different credit loss estimates. This has created confusion in the industry over what measures of default to apply and how to produce them, resulting in the proliferation of multiple credit analytic tools within firms. This profoundly affects risk management activities as it has become more difficult to reconcile default estimates and communicate outcomes to decision makers.The post Risk and Regulatory Insights: Reconciling Default Concepts for Risk Management Analytics appeared first on Five Bridges Advisors LLC.