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.
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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.

CreditRiskMonitor today announced that its Board of Directors has appointed Jennifer Gerold as Chief Financial Officer and David Reiner as Chief Accounting Officer, effective May 23, 2024.

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.

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.

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.

CreditRiskMonitor reported operating revenues of $4.9 million, an increase of approximately $251 thousand or 5%, for the second quarter of fiscal 2024 compared to the same period of fiscal 2023.

How can we be so sure of the accuracy? We measure it. Download this scorecard to see how the score performed in 2015 & 2016. In short – we predicted 98.6% of U.S. public company bankruptcies at least 90 days in advance.