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Changes in DateCheck and extensions in GetData and Credit Approval Service

12th of November 2019

You are receiving this email since you have an agreement with Creditsafe where you have access to DateCheck, GetData or CAS. We have now launched our new rating model for limited companies (AB) and, as previously communicated, more information will now be published regarding the new parameters that have been added.

Should you not be the right recipient of this e-mail, we ask that you forward it to your IT department and/or technical consultant.

 

DateCheck
On December 2nd, you will receive a new category of change that shows when the limited companies (AB) risk prognosis was changed. This change category will have the same structure as the other change categories and will be named as follows:

 
<DateInfo>
        <ChangeCode>POD</ChangeCode>
        <ChangeDescription>Riskprognos / Risk prognosis</ChangeDescription>
        <ChangeDate>2019-11-01T00:00:00</ChangeDate>
</DateInfo>
 
Please note that if you use DateCheck, this change category will always be returned on limited companies (AB) - this is not a setting that needs to be done neither on your side.

 

  1. Note

    Please ensure that your system can receive the change code before launching on December 2nd.

 

GetData
In order to get as much as possible from the new rating model, we will also offer two new parameters that you can access in your credit block for companies from November 18th.

Please note that a signed template is required to add these parameters to your existing credit block, or to create a new one. If you wish to add them, contact your key account manager who will assist you further.
 

  • Rating comments: To make it as easy as possible to understand why a company has a certain rating, we will add a new parameter that shows five informative comments and whether each comment is classified as positive, neutral or negative.

  • Risk prognosis: In addition to a rating value, we will also offer a new parameter that shows risk prognosis for all limited companies. This four-digit percentage value shows the risk that the company becomes insolvent within 12 months.

 
CAS
In addition to a rating value, we will also offer a new parameter that shows risk forecasts for all limited companies. This percentage value shows the risk of the company becoming insolvent within 12 months. You can use this value as a condition in your credit template from November 18th.

Please note that a signed template is required to add this parameter to your existing credit template, or to create a new one. If you wish to add it, contact your key account manager who will assist you further.

If you need assistance in understanding which services you have access to, you are welcome to contact your key account manager. If you have technical questions, please contact: integration@creditsafe.se.

 

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