Our Work
Our Work
We have had tremendous success in the areas of finance, risk management accounting (including internal audit) as well as quantitative analytics. We serve public and private clients by addressing fundamental business needs – centered around our core values of integrity, transparency and trust, respect, inclusion, excellence, ingenuity, value-centricity, ownership, and accountability including authenticity and competitiveness. We save money for our clients by identifying risks to their business, enabling them to make better business decisions.
Our clients vary in size and scope. They range from small financial institutions, community banks, and credit unions, to large multinational corporations. These clients come to Leka Research Institute for trusted high-quality technical expertise and practical experience. Our multi-disciplinary capabilities also attract them, and the global reach needed to analyze their problems. We develop and implement the most appropriate, cost-effective solutions.
- We have a strong background backed with over 15 years of progressive experience in engaging financial model builders and associated stakeholders to proactively access, document, and validate financial models such as CCAR (wholesale/retail credit, operational risk, counterparty risk), as well as non-CCAR enterprise models.
- Leka Research Institute (LRI) is an expert in solving multifaceted and highly complex business problems for our clients engaged in risk management and advisory solutions, financial modeling, internal audit, data analytics, business analytics, strategy consulting, and decision science.
- Our credit risk experts develop clear strategies to help banks mitigate and minimize their credit losses, which eventually helped improve underwriting standards by more than 85%.
- Additionally, the LRI has successfully developed robust model risk management governance programs for banks. These programs help in mitigating and monitoring model risk, including governance and implementation frameworks.
- Our team of highly capable experts analyzes both the behavioral and market macroeconomic variables such as inflation, unemployment, treasury bill rate, and debt service coverage ratio to forecast loss allowances (for our mortgage lenders) – thereby adding value to them.
- Moreover, we have also managed the documentation review process for all the leading U.S. banks. We have successfully given various management presentations and written model validation reports consistently with SR 11-07 guidelines.
- With our exceptional knowledge of fixed income analytics, we forecast cash flow prepayment for both agency and non-agency mortgage models for a large stock exchange group.
- Predicted charge-off dollars for large banks through the development of stress testing models and verified the impact of macroeconomic shocks on charge-offs.
- Leka Research Institute has also guided multiple model risk groups in re-developing CECL models such as PD, LGD, and EAD using machine learning and regression-based techniques.
- Performed validation of deposit attrition model for a large consumer retail bank.
- Leka Research Institute has worked with Big Accounting Firms, performing Internal audits – conducting tests of design and operating effectiveness, developing test scripts, and internal controls (including management overlay), for several client projects.
- Performed SOX Compliance to improve internal controls and identified model risk sources for large insurance companies.
- Audited CCAR, stress testing, shock analysis (including COVID-19 shock scenarios), credit risk modeling, CECL, consumer lending, and credit risk strategy implementation for global international banks.
- Performed an internal audit, involving 65 action verification items for a large international bank.
- Our professionals are also designing and developing innovative dashboards and ensuring that all the data-related metrics are being met.
- Audited a Prescreen Campaign model for a large credit card lender.
- Performed fraud detection and surveillance analysis for a domestic bank.
We Solve Data Science Challenges
We research on a wide variety of topics. “33 Pillars to Living your Best PhD Life” is a course at LRI. This course teaches how to successfully complete a PhD research. It shows researchers how to overcome PhD challenges. It completely removes PhD attrition rate which stands at 49% or more in the USA.
- LRI has been exceptional when it comes to meeting targets. We have successfully met all the deadlines and targets for clients no matter how ambitious those were by defining and scrubbing data. We also performed data analytics, wrote documentation, successfully given management executive presentations.
- Directed and managed data analytics and decision science procedures of financial institutions by creating opportunities to track data and codifying systems to support data-informed publications.
- One core area that LRI is working is to identify the new data collection opportunities for various projects and then comparing the collected data outcomes using industry practices.
- LRI is also into developing data visualizations and other communication tools to optimize usability for clients and analysis by key stakeholders.
- We also analyze the project finance model and customer experience data.
- Our professionals are also designing and developing innovative dashboards and ensure that all the data-related metrics are being met.
- We at LRI establish repeatable processes to gather more information and make the reporting process more efficient.
- We work in collaboration with the cross-functional teams to maintain the operational systems building and improving capacities for data analysis and systems management.
- We always keep ourselves up-to-date by maintaining industry working knowledge of applications and processes that support data collection, organization, analysis, and protection.
- 98% of students who took this course in previous years, went on to complete their PhD in record time and with very good grades?
- 97% of students had their supervision problems resolved within the first month of enrolling into the VIP plan, which offers offsite supervision, live coaching and counselling?
Furthermore, prospective PhD students from across the world and different Colleges (including Ivy League Universities) will learn what is never taught at the Graduate School. This includes how to select and manage relationship with PhD supervisors. And how to write chapters of the Thesis itself. Our PhD research training is relevant to any subject area and academic specialization. This means professional doctoral candidates, industrial and Post-doctoral students will learn how to effectively conduct research. Early Career Researchers, Adjunct and Tenure Professors will also find the course materials very helpful. This course is the “GRE” for PhD students irrespective of where they are in their PhD journey.