Migration
Metrics LLC provides Risk
Migration Analysis (also known as Loss Migration Analysis) products
and services to the financial services industry. Migration
Metrics was formed in 2004 as a spin-off of North Center Software
(NCS), a leading provider of Credit Quality Reporting systems and
Enterprise Data Warehousing solutions since 2001. NCS customers include LaSalle Bank, Volkswagen
Credit International and AmSouth Bank.
In
2003, NCS delivered a Risk Migration Analysis system to AmSouth
Bank, a leading regional bank in the southeast with
over $45 billion in assets at that time. The system was designed and built over
a 20 month period by a multidisciplinary team that included experts
in credit quality, migration analysis, data movement and database
compression technologies. The Risk Migration Analysis system went
into production in September 2003 supporting over 125,000 active
loans and 7 years of loan history at the bank.
The
Risk Migration Analysis system is available to other financial
institutions through Migration Metrics LLC - formed by the
members of NCS and chartered with marketing, supporting and evolving
the Risk Migration Analysis system. The Risk Migration Analysis
system is currently being used for commercial and retail portfolios by customers from under $50 Million to over $100 billion in assets.
Contact us for additional information on Migration Metrics Products and Services.
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