Here is a question about this article: This boom in innovative financial products went hand in hand with more complexity. It multiplied the number of actors connected to a single mortgage (including mortgage brokers, specialized originators, the securitizers and their due diligence firms, managing agents and trading desks, and finally investors, insurances and providers of repo funding). With increasing distance from the underlying asset these actors relied more and more on indirect information (including FICO scores on creditworthiness, appraisals and due diligence checks by third party organizations, and most importantly the computer models of rating agencies and risk management desks). Instead of spreading risk this provided the ground for fraudulent acts, misjudgments and finally market collapse. In 2005 a group of computer scientists built a computational model for the mechanism of biased ratings produced by rating agencies, which turned out to be adequate to what actually happened in 2006–2008.[citation needed]
What is the answer to this question: Which products created more complexity in the financial markets?
innovative financial products
Här är en fråga om denna artikel: Denna boom i innovativa finansiella produkter gick hand i hand med mer komplexitet. Det mångdubblade antalet aktörer som var knutna till ett enda hypotek (inklusive hypoteksmäklare, specialiserade originatorer, värdepapperiserare och deras företag för tillbörlig aktsamhet, mäklare och handelsdiskar, och slutligen investerare, försäkringar och leverantörer av repofinansiering). Med allt större avstånd från den underliggande tillgången förlitade sig dessa aktörer mer och mer på indirekt information (inklusive FICO:s poäng på kreditvärdighet, bedömningar och kontroller av tillbörlig aktsamhet av tredjepartsorganisationer, och viktigast av allt på kreditvärderingsinstitutens datormodeller och riskhanteringsdiskar). I stället för att sprida risker gav detta upphov till bedrägliga handlingar, felaktiga bedömningar och slutligen marknadskollaps. År 2005 byggde en grupp datavetare en beräkningsmodell för mekanismen för partiska kreditbetyg som kreditvärderingsinstituten tagit fram, vilket visade sig vara lämpligt för det som faktiskt hände 2006–2008. Vad är svaret på denna fråga: Vilka produkter skapade mer komplexitet på finansmarknaderna?
Here is a question of this article: This boom in innovative financial products went hand in hand with more complexity. The multipled number of players linked to a single mortgage (including mortgage brokers, specialised originators, securitisations and their due diligence companies, brokers and trading counters, and finally investors, insurance policies and repo financing providers). With increasing distance from the underlying asset, these actors increasingly relied on indirect information (including FICO's credit rating scores, due diligence assessments and due diligence checks by third-party organisations, and most importantly on credit rating agencies' computer models and risk management counters). Instead of spreading risks, this gave rise to fraudulent actions, misassessments and finally market collapse. In 2005, a group of computer scientists built a calculation model for the biased rating mechanism developed by credit rating agencies, which proved appropriate for what actually happened in 2006-2008. What is the answer to this question: what products created more complexity in the financial markets?
innovativa finansiella produkter
innovative financial products