EXCESS DEFAULT RATE

Brand	Owner	Address	Description
EDR	Knowledge Works, Inc.	Suite 250 5750 Old Orchard Road SKOKIE IL 60077	EXCESS DEFAULT RATE;Financial information provided by electronic means in the field of commercial lending;
	Where the owner name is not linked, that owner no longer owns the brand

Technical Examples

There are provided new structural default models for modeling the likely default of publicly traded companies. In a first embodiment, the invention is straight-forward to implement and allows the capture of some important ingredients of the actual default, including positive short-term CDSs. In a second embodiment the model is somewhat more versatile and complex. Provided is a very efficient method for dealing with the timing of a default boundary, that is, jumps in the company's value, etc. Further provided is a process using Fast Fourier Transform matrix processing for processing the structural default models in a computationally efficient manner.