An All-Powerful Virtual Credit Group Emerges
CreditRiskMonitor's 96%-accurate FRISK® score helps risk professionals stay ahead of U.S. public company bankruptcy risk. An important data component within the FRISK® score model is subscriber crowdsourcing, an aggregation of our subscribers’ research patterns when using our web-based service. In some cases, we have found that certain types of research can be indicative of concern about a company’s financial condition. This component of the proprietary FRISK® score allows subscribers, including more than 35% of the Fortune 1000, to contribute their concerns to a "virtual credit group." This sentiment score serves as deep insight that is only available through the CreditRiskMonitor platform.
Risk Professionals like You
When you're worried about a public company in your portfolio, naturally you will conduct more and more research to assess what could be going wrong for that company. Such actions could include checking news headlines, performing financial statement analysis, comparing the business versus its industry peers, reviewing its bond ratings, examining payment behavior and looking at corporate filings.
CreditRiskMonitor puts all of this valuable information at your fingertips. All you need to do is click through our commercial credit reports on each company to assess its financial situation.
CreditRiskMonitor’s research has determined that the companies you are looking at and how you are looking at them oftentimes tell a story. It is when many risk professionals perform deep research and analysis on the same company, that’s a key warning signal that is then fed into the FRISK® score. As an anonymous group, risk professionals are effectively saying: "There's a problem here." We designed our service to track that behavior and incorporate it into the daily computed FRISK® score so our subscribers can benefit from this first-rate virtual credit group.
Enhanced Risk Measurement
The crowdsourcing component of the FRISK® score is most important when a company falls into the lower half of the "1" (highest risk)-to-"10" (lowest risk) FRISK® score scale, an area we call the "red zone." Risk significantly increases as the FRISK® score declines: