Resources

Updating CreditRiskMonitor’s Confidential Financial Statement Service (CFS) Risk Model has led to higher capture rates of bankruptcy in private companies, with a remarkable upward spike in captures on applicable companies with lower FRISK® scores.

Published in Credit Research Foundation’s quarterly journal, this article discusses how crowdsourcing the research activity of corporate credit professionals provides an early warning of business counterparty financial risk.

No other financial risk service drills deeper than CreditRiskMonitor to find bankruptcy potential in major corporations. These days, we have our eye on Houston-based oil company KLX Energy Services Holdings, Inc.

Read in-depth how crowdsourcing the wisdom of our uniquely positioned subscribers has enabled a significant enhancement of the CreditRiskMonitor FRISK® score, more accurately predicting corporate financial stress.

Powered by crowdsourcing and deep neural network technology, CreditRiskMonitor^® uses two proprietary scores – FRISK^® and PAYCE^® – to more accurately predict financial risk at public and private companies, respectively. 

American freight transporter Yellow Corporation has declared bankruptcy after years of financial struggles and growing debt, marking a significant shift for the U.S. transportation industry and shippers nationwide.

By tracking the behavior of credit managers and other professionals, crowdsourcing becomes the critical advantage that CreditRiskMonitor subscribers gain.

CreditRiskMonitor reported operating revenues of $4.6 million, an increase of approximately $253 thousand or 6%, for the three months ended March 31, 2023, as compared to the first quarter of fiscal 2022.