CDO

(redirected from chief digital officer)
Also found in: Dictionary, Medical, Encyclopedia, Wikipedia.

CDO

Collateralized Debt Obligation

An asset-backed security backed by the receivables on loans, bonds, or other debt. Banks package and sell their receivables on debt to investors in order to reduce the risk of loss due to default. Returns on CDOs are paid in tranches; that is, the individual loans backing each CDO have different levels of risk, and investors are paid out according to the level of risk they have acquired. Banks offer higher interest rates to investors willing to buy CDOs backed by higher-risk loans. From a bank's perspective, in addition to reducing risk, CDOs also reduce their capital requirements because they can raise funds through the issue of CDOs. While, theoretically, CDOs can be backed by mortgages, one usually refers to these as collateralized mortgage obligations.

CDO

References in periodicals archive ?
Colleges and universities that haven't installed a chief digital officer have still sought to expand the scope and prominence of digital leadership on campus.
Click here more information about Freeman Digital Ventures Click here for a blog post from Richard Maranville, Chief Digital Officer of Freeman Click here post from Lawrence Coburn, CEO of DoubleDutch
Silicon Valley Bank has announced that it has named a chief digital officer.
Do organisations really need a Chief Digital Officer to affect a digital transformation?
David Dumeresque of Tyzack Partners looks at the increasingly important role of the Chief Digital Officer.
Doherty has joined Elliman as chief digital officer, a new role for the firm where is charged with identifying sites (social networking and other Internet points) that will drive further awareness for elliman.
To address these changes, organizations will create the role of a Chief Digital Officer as part of the business unit leadership, which will become a new seat at the executive table.
It's all about innovation, providing leadership and recognizing the importance of digital," said Richard Maranville, Freeman's Chief Digital Officer.
Digital technologies like the ones we are working on with RAGE allow us to drive complete transformation of the work we do for our clients, and re-architect traditionally manual business processing to be more automated, intelligent, and adaptive," said Sanjay Srivastava, senior vice president and chief digital officer, Genpact.
It will be headed by Dan Armstrong, who will serve as chief digital officer, and Kirk Barrett, who will be chief technology officer.
Working with global leaders in mobile technology, such as Samsung, allows us to continue breaking new ground in developing advanced weather applications for consumers all over the world," said Steven Smith, AccuWeather Chief Digital Officer.
Richard Dixon, Chief Digital Officer of Black Sun said: "We are delighted that Shaftesbury's website has been recognised by these prestigious awards.

Full browser ?