Interfax: RD Solutions

Main articles:

• Defining Business Intelligence
• Credit scoring

RD Solutions - professional services of the RU Data project for analysis of financial risks and performance management of securities portfolios, monitoring of news and corporate events of issuers, preparation by banks and financial organizations of reports on operations with securities and PFI.

2021: Credit Risk Analysis Service for RD Score Issuers

The line of professional services of Interfax for participants in the financial market (RD Solutions) has been supplemented with a tool for analyzing the credit risks of issuers - RD Score, which assesses the probability of default, and also helps to prepare reports in accordance with regulatory requirements. This was announced on June 9, 2021 in the company "Interfax."

"Our credit scoring is kind of a constructor. It includes both "ready-made" estimates and a matrix that shows the calculation mechanisms, as well as the underlying financial performance of companies. In addition, you get the "designer" of methods and databases necessary to create your own models for analyzing companies or validating existing ones, "said Alexey Buzdalin, director of the Interfax Center for Economic Analysis.

Users receive Probability of Default (PD) and Loss Given Default (LGD) coefficients at an arbitrary time interval (in Point-in-Time and Through-the-Cycle variants). In total, RD Score is calculated for 8,600 companies, while credit ratings as of June 9 have only 800 issuers.

Econometric "the issuer credit risk assessment model is based on easily interpreted logistic regression and is based on data financial RAS and company reporting. IFRS The calculation takes into account the industry specifics of the company, affiliates and group relations, default statistics, news background and other information. The accuracy coefficient of the model (Gini coefficient) is 65%, "added Alexey Buzdalin.

RD Score allows you to calculate reserves within the framework of regulatory requirements (MSFO9, Regulations of the Central Bank of the Russian Federation No. 590-P and No. 611-P), and is also used in assessing fair bond values. As part of the analysis of the financial condition of companies in dynamics, more than 60-financial coefficients are calculated and their values ​ ​ are compared with industry values ​ ​ and values ​ ​ in the whole economy.

Access to the RD Score service is provided through the rudata.info portal, Excel Add-In and API.