... methodology. The popularity of CreditManager® and its methodology is due to a combination of factors: ease and documentation of the methodology, quality and user-friendliness of the software, the ... the probability of at least one default, where the range of outcomes is much wider between, on the one hand, CB3 and, on the other hand, CB4 and CB5. Computing the probability of at least one ... PD default, and the VaR as well as ES are equal to the loss given default.CreditManager® and the other systems mentioned compute all of these risk measures. CreditManager® offers two definitions...