VSoft Rating – risk assessment and management using rating models
With VSoft Rating you will always receive current and reliable data on the financial situation of counterparties.
Advantages of implementing VSoft Rating
The system allows for the evaluation of reports and financial forecasts, qualitative assessment, collateral assessment and additional specialized assessments of the entity and transactions.
Moreover, what distinguishes VSoft Rating is:
- a central repository of credit risk assessment, which contains the file of a given entity with all related processes,
- accurate assessment of the entity and transactions, thanks to the acquisition of data from both external and internal systems,
- higher quality of assessment processes and their standardization through ensuring the adequacy of credit risk assessment methods to given groups of entities and selection of the optimal model,
- constant monitoring of operational processes, thanks to built-in versioning mechanisms and the use of reports dedicated to the needs of a specific process.
Tools available in VSoft Rating
The application of VSoft Rating
Determine the financial credibility of entities and select reliable counterparties.
Comprehensive credit risk assessment
Obtaining a reliable and current assessment of an entity’s credit risk is extremely crucial in the course of credit proceedings. VSoft Rating assists in obtaining such an assessment and, more specifically, in determining the entity’s financial credibility and credit risk. In the system, models for assessing such risks are based on the Probability of Default (PD) estimation mechanism.
The process of assessing an entity involves several key elements, which include, among others, the selection of reports and forecasts, i.e. the determination of a set of financial documents on which a quantitative assessment will be performed and a financial rating assigned. The next step is to decide on the entity’s assessment methodology and evaluate the entity according to the indicated assessment methodology, including:
- quantitative assessment,
- comparative scoring,
- qualitative assessment,
- systemic assessment,
- automatic corrections of rating,
- manual correction of rating,
- entity’s final rating.
As a result, the outcome of an entity’s credit rating is based on detailed data and an in-depth analysis.
Rating of business partners
When looking for a business partner, we rely on a reliable counterparty capable of meeting their obligations in a timely manner. Therefore, the most commonly used approach to assessing corporate entities, as well as small and medium-sized enterprises, are ratings. They make it possible to accurately and based on reliable data determine the risks involved in doing business with a given customer.
VSoft Rating is a central repository for risk assessment, supported by a set of connectors to key databases and external systems. Integration via connectors allows for acquisition of even more data on the entity. The system can be implemented as a comprehensive risk assessment site for an organization, as well as in a model of full integration with product systems.
If necessary, the solution can be extended with additional modules, e.g. mechanisms for cyclical monitoring of assigned scoring. In this way, the system always presents the current situation and rating of the business partner.
Comprehensive Credit Risk Assessment
Rating assessment of companies
Rating assessment of transactions
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