Experian launched its Financial Stability Risk Score, a new tool that allows credit and lending professionals to identify accounts at the highest risk of business failure. Use of the new scoring model brings improved financial results by enabling users to segment businesses into risk categories, identify the accounts that are most likely to fail, and set policies to limit risk exposure.

“In today’s economic climate, it’s become increasingly important for organizations to improve efficiencies and reduce losses,” says Allen Anderson, president of Experian’s Business Information Services. “Financial Stability Risk Score provides our clients with a powerful segmentation tool, allowing them to make better decisions and to identify accounts with the greatest risk of business failure.”

Leveraging Experian’s deep analytical expertise and extensive data assets, the new score is designed to predict the likelihood of business failure over the next 12 months. Clients can:

•    Accelerate decisions by segmenting risk and putting applications on the fast track for approval, decline or review.

•    Increase profits by screening out the riskiest accounts.

•    Improve efficiencies by focusing resources only on the accounts that require review.

Financial Stability Risk Score complements Experian’s full suite of highly predictive business credit scores. The tool provides a quick assessment of risk with an easy-to-understand 1-100 score and a 1-5 ranking according to risk level.


http://press.experian.com/United-States/Press-Release/experians-new-financial-stability-risk-scoresm-identifies-businesses-with-highest.aspx