Overview:Credit Expo’s ECM Analytics, an innovative methodology for measuring credit risk in retail lending and patented software originated from ceo and designer, Dr Patrick Shallow’s professional experience in a range of senior management roles within the banking industry, alternately in retail lending, in mortgage finance, and in general financial consulting to banks and credit unions. There he saw at first hand the damage caused to lenders by misleading estimations of credit risk and by simple, assumed and static spreadsheets. CreditExpo was established in 2001 to develop and promote an alternative empirical and verifiable approach—ECM Analytics. Early desk applications of the ECM model were successfully piloted in a number of leading banks, being fully back tested by leading auditing firms. Thereafter, the cloud version ECM Analytics 3 was developed and installed in several credit unions, with those results being again back-tested. Banking installations are currently being upgraded to an internal cloud. ECM Analytics is also now being adopted by many lenders and credit unions as the new credit risk standard and expert system and the solution is being promoted within the US and internationally.