Download Default Vector SME Model User Manual

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Table of Contents
Overview............................................................................................................................3
Installation Instructions......................................................................................................4
A. System Requirements.....................................................................................................4
B. Installation Checklist .....................................................................................................4
C. Downloading the VECTOR SME Model..........................................................................4
D. Installing the VECTOR SME Model ................................................................................4
E. Opening the VECTOR SME Model..................................................................................5
F. Uninstalling the VECTOR SME Model ............................................................................5
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VECTOR SME Definitions ...............................................................................................5
A. Transaction Properties Input Terms...................................................................................5
B. Simulation Input Terms......................................................................................................5
C. Portfolio Input Terms .........................................................................................................5
D. VECTOR SME Output Terms ...........................................................................................5
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Deal Setup..........................................................................................................................5
A. Initial Setup....................................................................................................................5
B. Asset Amortization Schedule.........................................................................................5
C. Simulation Run...................................................................................................................5
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Analytical Results & Summary Reports ............................................................................5
A. Simulation Summary .....................................................................................................5
B. Portfolio Default Distribution ........................................................................................5
C. Portfolio Loss Distribution ............................................................................................5
D. Portfolio Composition....................................................................................................5
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VECTOR SME Assumptions ............................................................................................5
A. Recovery Rates ..................................................................................................................5
B. Correlation Adjustments ....................................................................................................5
C. Risk Horizon and Confidence Levels.................................................................................5
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Appendix I: VECTOR SME Methodology........................................................................5
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