2016 CRF Forum and EXPO Preview: 6 Important Credit Trends You Need to Know About
We were delighted to see six new topics on the conference agenda for this year’s Credit Research Foundation Forum & EXPO. The agenda always provides fresh insight into the priorities of today’s credit professional.
Here are the important trends that are on our radar:
CRF Forum Preview: 6 Key Credit Trends
- Credit Cards As A Payment Channel: This rapidly growing payment option offers advantages, but at a cost. We look forward to the CRF panel discussion on card payments, to hear how our credit peers are managing transaction fees, surcharges, policies and more.
- Customer Data Harmonization: When customer data sources are well-integrated, it can boost our efficiency and make it easier to create quality analyses. But it can really muck up the works when data isn’t harmonized. We’re interested to hear about new trends and technology in this area.
- Credit Insurance: European and the U.S. companies are very different with regard to the use of credit insurance. While the best way to mitigate risk is to predict bankruptcy before it blindsides your company, credit insurance fills an important need. We look forward to learning about credit insurance best practices and new developments.
- Preference Defense: Recovery rates are at a historic low, and one of the most common questions we hear from subscribers is, “my customer filed for bankruptcy, now what?” We look forward to hearing from legal experts in the field, about actions and strategies that unsecured creditors can take before, during and after the bankruptcy filing, to protect their company.
- Changes to the Uniform Unclaimed Property Act: When your company has a customer or supplier go bankrupt, how do you maximize your rights to assert and regain control over your assets? As the bankruptcy rate increases, this timely topic is important for trade creditors and procurement professionals alike. We look forward to hearing about recent changes.
- 2016 Mid-Year Economic Outlook and Update: The state of the economy is critically important to all of us. In the first half of the year, credit markets were clearly riskier than in 2015 (see our 2016 Mid-Year Credit Market Report). What are the latest leading economic indicators telling us? Don't miss this session, to hear what keeps William Strauss, a Senior Economist at the Chicago Fed, up at night.
We look forward to learning from all the great CRF conference speakers about the important topics they will present. Hope to see you there!
User Group Update: Crowdsourced Bankruptcy Forecasts, Power User Tips & Tricks, and More
You're invited to join us in Chicago on Monday, August 8 from 9:00 to 11:00 AM, for the CreditRiskMonitor User Group and Workshop. We’re excited to share our latest research on how a new online data pattern helps you to reduce portfolio risk, and avoid loss, and more:
- Dr. Camilo Gomez will share his research on how crowdsourcing behavioral data from credit professionals helps to forecast public company bankruptcy risk even sooner. Learn how we gather this behavioral data, and why it works to reduce risk.
- Kellyanne Tavani will share power user tips and tricks, to help you unlock the maximum value from your subscription. Come network with your peers, and learn power tips from the pros. Join us!
CreditRiskMonitor is a financial news and analysis service designed to help professionals stay ahead of public company risk quickly, accurately and cost-effectively. More than 35% of the Fortune 1000, plus thousands more worldwide, rely on our commercial credit reporting and predictive risk analytics for assessing the financial stability of more than 56,000 global public companies.
At the core of CreditRiskMonitor’s service is its 96%-accurate FRISK® score, which is formulated to predict public company bankruptcy risk. One of four key components calculated in the FRISK® score is crowdsourced subscriber activity. This unique system tracks subscribers' patterns of research activity, capturing and aggregating the real-time concerns of what are essentially the key gatekeepers of corporate credit. Other features of CreditRiskMonitor’s service include timely news alerts, the Altman Z”-Score, agency ratings, financial ratios and trends. CreditRiskMonitor’s network of trade contributors provides more than $140 billion in trade data on their counterparties every month, giving them visibility into their biggest dollar risks.