A powerful tool for benchmarking private company exposures
As a credit professional, could you use a powerful set of modeling probability of default (PD) tools that would enable you to improve your evaluation of risk for privately held small and medium-sized enterprises (SME)?
Standard & Poor’s Credit Risk Tracker is just such a tool. Designed to meet Basel II requirements, Credit Risk Tracker is a Web-based tool that produces forward-looking, one-year PD estimates based on a time series of macroeconomic, financial, and industry-specific variables. With Credit Risk Tracker, you can:
Assess the creditworthiness of non-listed SME borrowers consistently across industries and geographic regions;
Benchmark PDs of loans identified for securitization and improve understanding of the underlying credit risk among issuers and investors; and
Validate a financial institution’s internal risk ratings system by comparing its PD output to PDs from Credit Risk Tracker.
Available in a Web-based or server-based installation, Credit Risk Tracker enables you to assess, benchmark, and validate PD estimates for exposure to this sector in the U.S. and Canada (Credit Risk Tracker North America) or the U.K., France, Spain, Germany, Italy and Greece (Credit Risk Tracker Europe).
Norwich Union utilises Credit Risk Tracker and CreditModel for measuring
tenant default risk associated with commercial mortgages.
To read this case study, please click here.
Industry and region-specific credit scoring models for public and private firms in North America, Europe, and Japan. CreditModel
A flexible, easily understood model for Loss Given Default backed by a robust theoretical framework and a growing set of global databases. LossStats® Model
