Ben Solomon, Founder & Managing Principal of QuantumRisk LLC
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Solomon, Benjamin is President & CEO of QuantumRisk LLC and is a leading authority on CMBS econometric default/loss modeling. He has extensive real world experience as an empiricist building economic capital and econometric VaR and CVaR credit risk models for $3.5 billion property fund of funds and all manner of CMBS bond deals. He proved that the default/loss vintage method is incorrect, and pioneered econometric default/loss models for CMBS bond deals, loss-based bond valuations and Black Swans as a differentiator for CMBS bonds. He was the first to show that FICO scores at origination are poor predictors of future RMBS defaults, and that this is analogous to pro forma profitability versus Altman’s Z-scores for forecasting bankruptcy risk in companies.

From 2007 - 2008 he was Operations Research Analyst for Goff Capital Partners developing econometric CMBS default and loss models, standardizing and streamlining their structured finance credit enhancement models, and designed their RMBS/CMBS database.

From 2004 - 2006 he was Manager for GMAC Commercial Holdings' Capital Corp, later Capmark Capital, developing economic capital models for Capmark Capital's $3.5 billion property fund of funds. In 2006 he was part of the initial team discussing risk capital needs with KKR. He did a 3-month stint with Military Housing as an investment banking analyst while their analyst was on maternity leave.

As Head of Corporate Planning, he invented the '7-hour' strategy that enabled Westport to survive and thrive in the shadow of the largest container port in the world, the Port Authority of Singapore. As Lead Consultant for Coopers & Lybrand, he formulated Unilever's Demand Driven Inventory Management for $100 million operation. This reduced the time to respond to the market from a maximum of 54-days to a maximum of 3-days and increased market share by 0.5% within 6 months of implementation in the very highly competitive detergents market.

Ben Solomon is married to poet / writer / columnist Anushka A Solomon who is recognized by Amnesty International  (2007, 2008 & 2009) for speaking out on human rights injustices.

Education:
2010 FINRA Series 65, Uniform Investment Adviser Law Examination
2006 Certificate, Professional Program in Relativity, Gravity, and Cosmology [8.06s], Massachusetts Institute of Technology, USA
1995 Master of Business Studies, Banking and Finance, University College Dublin , Ireland
1982 Master of Arts, Operations Research, University of Lancaster, United Kingdom
1980 Post-Graduate Diploma in Operations Research, University of Lancaster, United Kingdom
1979 Bachelor’s Degree, Electronics Engineering, University of Aston in Birmingham, United Kingdom
Contact:
Benjamin T Solomon
QuantumRisk LLC
P.O. Box 8532
Denver CO 80201-8532
benjamin.t solomon @quantumrisk.com
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