Birmingham, AL - Dr. Charles D. Cowan presented a seminar on “Evaluating Automated Loan Risk Rating Systems” at the Alabama State Bank Examiners annual training conference in Opelika , AL on April 29, 2004. The seminar covered the validation of econometric risk models commonly used in banks for the administration of commercial and retail loans. These models pervade the operations of a bank, affecting customer acquisition (marketing and pricing), customer management (underwriting and lines of credit), and reserving of capital for regulatory purposes. Because of the widespread use of these models, there are also legal implications. These systems affect the financial calculations in a bank and the recently passed Sarbanes-Oxley (SOX) law requires senior executives in banks and other businesses to accurately report on financial conditions. Dr. Cowan is Managing Partner of Analytic Focus LLC.
Analytic Focus LLC is a Birmingham based research and consulting firm with decades of practical experience in analysis, research methods, and financial models. Our partners are highly skilled statisticians and financial economists with academic, industry, regulatory and testifying experience. Our focus is on providing the highest value in interpretation of data, insight regarding business problems, and advising on best practices. Analytic Focus can be reached at (205) 672-9253.
A manufacturer of liquid energy drinks filed suit against another manufacturer of liquid energy drinks, claiming that the shape and type on the bottles of the defendant caused confusion among potential purchasers.
A case involving claims of lost sales, due to the deceptive reporting of prices and bait-and-switch.