Prelios Valuations is participating in Banking Union and Basel III - Risk & Supervision 2018, the ABI Annual Convention on Risk, Risk Management, Capital and European Supervision, which will be held in Rome on 14 and 15 June.
The by now consolidated format consists of plenary sessions and parallel sessions that take a close look at the most important topics associated with application of the new regulations.
'We are proud again this year to take part in the ABI Basel III event because we grasp the importance of understanding, mapping and forecasting the evolutions of the real estate market for those who manage credit risk in the banks,' said Luke Brucato, Head of Business Development at Prelios Valuations, Parallel B speaker on LGD estimation and NPL management. 'Today the tools at the disposal of risk management are more sophisticated than in the past, and they allow us to broaden our view of real estate thanks to the combined use of financial and socio-demographic big data, predictive algorithms and the real estate databank of Prelios of more than 20 years of depth and widespread, complete geographic coverage. For over ten years Prelios has been active in property technology, and over these years we have seen with our own eyes the power of multi-source and georeferenced data banks, and we are pleased about the Bank of Italy's confirmation in the discussion topics dedicated to the real estate appraisal and forecast models backed by big data and asking prices this past April. In the area of credit risk governance, a proper forward-looking LGD estimation and compliance with the IFRS accounting regulations, we are firmly convinced that Premium is an innovative and effective tool for all bank functions involved in these processes'.
Prelios Valuations is also on hand with an exhibit area in a dedicated space designed by ABI to encourage networking between the participants.
Prelios S.p.A. published this content on 14 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 June 2018 15:47:03 UTC