Rating CGls
Use of statistical validate rating
There is a growing demand for credit guarantee institutions to have valuation tools for companies that require the collateral.
Being often a small company, infoproviders only partially cover this need.
The positive experiences gained over the years in many Credit guarantee institutions show that risk assessment tools are very useful.
Being often a small company, infoproviders only partially cover this need.
The positive experiences gained over the years in many Credit guarantee institutions show that risk assessment tools are very useful.
- In selecting the businesses to be guaranteed
- In determining the prices to be applied for the issue of the guarantee
- In monitoring the risks involved.
Galileo Network, starting with a project born in Fedart Fidi and developed with the support of KPMG Advisory, wants to offer to Credit guarantee institutions an advanced rating tool for companies that is:
- With Internal Rating Based Approach
- Submitted to periodic and up to date evaluations
- Capable of limiting management costs with expected automation (loading Balances, CR info and mandates) and the volume of managed requests
- Accessible to all Trusts regardless of the Information System used
- Recognizable by the banking system
- Capable of leading to less capital absorption
