22 August 2017
visit www.avoka.com

Fitch Risk and BvD to develop credit risk analysis and management tool

24 February 2004  |  997 views  |  0

Fitch Risk, a leading global provider of risk management solutions and Bureau van Dijk Electronic Publishing (BvD), Europe's leading electronic publisher of business information, have today announced their newly formed alliance to develop and market an integrated tool to analyse and manage credit risk.

The collaboration will produce a solution that will leverage the value and flexibility of the financial data on BvD's products and its FACT software, with the power of Fitch Risk CreditVantage's CRS credit models to automate the financial analysis, credit approval and portfolio management process for corporate clients and financial institutions.

"We are thrilled to be collaborating with BvD and are confident that our combined efforts and best of breed approach will produce an end-product that will be valued by the credit risk community," commented David Kelson, managing director, CreditVantage. "This venture offers a robust solution to meet the market's growing appetite for sophisticated automated credit risk tools."

"BvD is delighted by this partnership," said Claude-Vincent Gillard, head of BvD's customised solutions, adding, "The integration of Fitch Risk's models into FACT provides expertise for customers that don't have their own analytical resources, and gives those that do, the option to verify their models against the experts."

A series of road shows has been scheduled to demonstrate the new solution. Experts from both Fitch Risk and BvD will be available for discussion and advice.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.worldpaymentsreport.comvisit www.vasco.com

Who is commenting?

A Finextra member Finextra Member Commented on: Real-time payments in...
A Finextra member Finextra Member Commented on: Barclays uses sensors...

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
12103 views comments | 26 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
10560 views comments | 22 tweets | 32 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
9991 views 0 | 5 tweets | 1 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
9804 views comments | 10 tweets | 8 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
9700 views comments | 19 tweets | 23 linkedin