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This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Our Platform

Expert led content

+1,000 expert presented, on-demand video modules

Learning analytics

Keep track of learning progress with our comprehensive data

Interactive learning

Engage with our video hotspots and knowledge check-ins

Testing & certification

Gain CPD / CPE credits and professional certification

Managed learning

Build, scale and manage your organisation’s learning

Integrations

Connect Finance Unlocked to your current platform

Featured Content

More featured content

Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

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Book a demo

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Weighted Average Rating Factor

Weighted Average Rating Factor

Glossary
Banking

Weighted Average Rating Factor

The Weighted Average Rating Factor (WARF) is a rating agency measure of the credit risk of a credit portfolio (including CLOs and CDOs) where the credit risk of each holding is weighted by its credit rating. Applying WARF gives a credit score for the portfolio based on the weighted average ratings of underlying holdings and is a useful gauge of the riskiness of the portfolio from the perspective of likelihood of repayment. Moody’s applies a numerical rating factor to every rating in its scale, including +/- notches. Aaa has a rating factor of 1, Aa1 has a rating factor of 10, Aa2 has a rating factor of 20 and so on all the way to Ca-C, which has a rating factor of 10,000.

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