AAA Rating Model
Based on a unique experience within credit granting, Soliditet’s credit assessment model is a widely known, reliable specialist model which helps companies avoid credit loss. As many as 68 per cent of bankruptcies are identified at an early stage, preventing unnecessary credit loss. The system provides ongoing updating of rating statistics, guaranteeing accuracy over long periods, and has been shown to be effective during both periods of economic prosperity and recession.
Since its launch in 1989, Soliditet has been continually refining the system, and measurements are carried out on an ongoing basis in order to maintain the highest levels of quality and accuracy. Soliditet was the world’s first company to use a computer-based specialist system capable of rating a company’s financial status and solvency. Regardless of the financial climate, over the years, the AAA rating has demonstrated that bankruptcies can be predicted up to one year in advance, with a probability of 86–94%.
Svar Direkt, the AAA rating’s previous incarnation, was launched in 1989. It was the world’s first computer-based specialist system, capable of diagnosing a company’s solvency without human input. The emergence of AAA was a pivotal change, the impact of which was felt throughout the industry.
Find out more here: http://www.soliditet.dk