Dear customer,
The launch of our new risk model for limited companies is approaching. The model that will help you make more effective credit decisions and facilitate your risk management. Did you know that all active limited companies in Sweden will be recalculated? Tomorrow it is finally time!
If you have access to our monitoring service, we want to make you aware that in tomorrow's email (November 1st ) you will not receive any changes regarding rating or limit on limited companies, however, all other types of changes are sent as usual.
For the remaining company types, all changes - including rating and limit - will be included. On Saturday (November 2nd) rating and limit changes for limited companies will again be included in the monitoring email based on the changes imported in the morning.
Creditsafe’s scorecard have an assessment scale of 1-100, divided into five risk bands, where each increased score implies a reduced risk. The scorecard’s high predictability means that companies with a low risk of insolvency are categorized with higher scores and in turn that companies with a high risk receive a lower score.
As previously, all limited companies are assigned a rating but now also an individual risk forecast.
In order to improve the understanding of how a company's score is calculated, we have added commentaries to the score. The commentaries highlight the most important things for the current score and provide an insight into how the company's predicted risk has been calculated.
Each company will display the five most recent comments, all of which have a colour that indicate on whether it is positive, neutral or negative.
We will implement the change on Friday, November 1st, which means that you as a customer will be able to view the new rating this afternoon.