Prism, Fitch's new dynamic global economic capital model, is "putting the industry in a whole new light," according to the rating agency's marketing materials.
The model, Fitch said, generates results from "thousands of scenarios, hundreds of risk curves [and] billions of calculations."
Keith Buckley, managing director, and senior directors Jeff Mohrenweiser and Peter Patrino described the process of developing Prism and the specifics of the new model to NU in June.
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