Fabian Astic is the managing director leading the global Analytic and Technology Solutions group (ATS) at Moody’s Investors Service (MIS). Previously, he led the Model Management and Verification Team and the Rating Model Group, which are now part of ATS. Dr. Astic has also worked in the Credit Policy Research group at MIS, where he was involved in the validation and review of rating methodologies, participated in various methodology task forces, provided training to rating analysts, and worked on various research projects. In addition, he was a member of Moody’s derivatives team, was lead analyst on various structured credit products, and was involved in the development of rating methodologies for and the analysis of transactions exposed to non-traditional risks. Dr. Astic has a bachelor’s degree in applied mathematics and social sciences and a master’s degree in mathematics applied to economic sciences from Université Paris-Dauphine; a master’s degree in science and executive engineering from the École des mines de Paris, where he specialized in quantitative finance; and a PhD in applied mathematics from Université Paris-Dauphine, where his research focused on mathematical finance.