https://critericaintelligence.com/research Working papers, technical notes, standards, data reports and model cards from Criterica Intelligence. en-us Fri, 09 Oct 2026 12:00:00 GMT https://critericaintelligence.com/registry https://critericaintelligence.com/registry Fri, 09 Oct 2026 12:00:00 GMT Model Card This record states how Criterica decides what counts as a production model: the promotion gates, the full record of models that did not make it, and the public methodology changelog. Each model is cleared individually, every attempt stays on the record and corrections are recorded alongside improvements. https://critericaintelligence.com/score https://critericaintelligence.com/score Fri, 09 Oct 2026 12:00:00 GMT Standard This specification defines the Criterica Score: a number from 0 to 100 attached to one legal asset, portfolio or counterparty at a stated date, against a stated reference population and horizon. It sets the mapping, the Not rated rule, the sealed-outcome rule, validation status by asset class, versioning and governance. It is issued as a request for comment. https://critericaintelligence.com/methodology https://critericaintelligence.com/methodology Fri, 09 Oct 2026 12:00:00 GMT Technical Note This note states what a production model means at Criterica, how a model earns that label, how the court-record corpus is built, how often models are retrained and which published figures come from third parties. It separates measured quantities from third-party estimates and from illustrative figures, and it states which basis is available to institutional counterparties on request. https://critericaintelligence.com/how-we-build-models https://critericaintelligence.com/how-we-build-models Fri, 09 Oct 2026 12:00:00 GMT Technical Note This note describes the lifecycle of a Criterica production model in seven stages, from real filed records and jurisdiction-specific training through temporal holdout evaluation and promotion gates to a versioned registry and scheduled retraining. No stage is optional and none is waived. It is the same pipeline description given in diligence. https://critericaintelligence.com/research/time-at-risk https://critericaintelligence.com/research/time-at-risk Mon, 03 Aug 2026 12:00:00 GMT Working Paper Credit has ratings and market risk has value at risk, while legal assets have had adjectives. This paper defines six measures of duration risk: TaR90, Excess TaR, Duration Drift, Cash-at-Date, Delay Concentration and Recoverable Time. Each carries a formula, a unit and the decision it feeds. Five are computed from the public federal record; Recoverable Time is defined but not computed, because public data holds no intervention histories. https://critericaintelligence.com/research/seven-clocks https://critericaintelligence.com/research/seven-clocks Mon, 03 Aug 2026 12:00:00 GMT Working Paper A duration estimate such as "about 36 months" is seven forecasts under one name: seven processes with different drivers, endpoints, data and responses to intervention. This paper separates them. It then re-estimates one matter from the public federal record four times to show why duration must be a living distribution with preserved history, and not a number spoken once at underwriting. https://critericaintelligence.com/research/duration-and-returns https://critericaintelligence.com/research/duration-and-returns Mon, 03 Aug 2026 12:00:00 GMT Working Paper A multiple is time-blind and an annualized return is not. This paper works through what that asymmetry does to legal-asset economics using arithmetic any reader can verify by hand: the sensitivity of IRR to duration at a fixed multiple, the convexity of the clock, four effects kept separate, portfolio tails and capital velocity. No model output appears in it.