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Bureau van Dijk Electronic Publishing Ltd

RiskCalc

RiskCalc offers a comprehensive approach to assessing credit risk of private companies and financial institutions. Utilising the largest existing default database with 4m+ defaults on record and quantitative models trained on 135m+ financial statements, our models generate accurate forward-looking probability of default, loss given default, and expected loss credit measures.

Features

  • 35+ Country-specific models to guarantee relevant data for model training
  • Global applicability across all industries and various asset classes
  • Models powered by the largest private company and default database
  • Provides a transparent white-box approach to modelling with explanatory analytics
  • Delivers comprehensive methodology and model validation reports
  • Assess financial risk of your third parties
  • Offers flexibility to incorporate qualitative factors into a quantitative framework
  • Display ratio diagnostics including each ratio’s contribution and sensitivity
  • Provides one-year through five-years credit risk assessments
  • Map credit metrics to implied letter-grade scoring measures

Benefits

  • Provides an understanding of the risk drivers of private companies
  • Captures local default risk factors with an early warning system
  • Compares counterparties against industry and regional peer groups
  • Monitors credit cycle changes from month-to-month between financial reporting periods
  • Set up alerts to automate monitoring of the risk changes
  • Scalability and quick response time on large sample sizes
  • Pre-populated financial statements from the largest private company database
  • Ability to upload, save, and download proprietary data
  • Deliverable via a website UI or through an API feed
  • Leverages Moody’s Analytics market leadership and best practice expertise

Pricing

£39,500 to £200,000 a licence a year

  • Free trial available

Service documents

Request an accessible format
If you use assistive technology (such as a screen reader) and need versions of these documents in a more accessible format, email the supplier at uk@bvdinfo.com. Tell them what format you need. It will help if you say what assistive technology you use.

Framework

G-Cloud 13

Service ID

5 3 5 6 1 6 5 8 4 5 5 8 4 2 9

Contact

Bureau van Dijk Electronic Publishing Ltd UK marketing team
Telephone: 02075495000
Email: uk@bvdinfo.com

Service scope

Software add-on or extension
Yes, but can also be used as a standalone service
What software services is the service an extension to
A Microsoft Excel plug-in
Cloud deployment model
Private cloud
Service constraints
Not applicable.
System requirements
  • Google Chrome version 50 or higher
  • Internet Explorer 9 or higher
  • Firefox, Safari, and Edge supported

User support

Email or online ticketing support
Email or online ticketing
Support response times
Emails are monitored Monday to Friday during business hours. We aim to respond to all enquiries within 48 hours.
User can manage status and priority of support tickets
No
Phone support
Yes
Phone support availability
9 to 5 (UK time), Monday to Friday
Web chat support
No
Onsite support
Onsite support
Support levels
All clients are assigned a dedicated Relationship Manager, and will be given direct contact details for them. Product training is included (both onsite and remote) as part of all our subscriptions. You will have a product specialist and solutions specialist assigned to your account who have in-depth knowledge of the models and its functionalities; you can access both specialists cost-free with no limitations on time of or number of touchpoints. Helpdesk support is provided to all customers without additional cost. Our helpdesk team is available by phone and email to help with any questions relating to data, tools and integration.
Support available to third parties
Yes

Onboarding and offboarding

Getting started
Initially training is done onsite with subsequent onsite training done when required (normally a couple of times a year or when new joiners start). We also can do training over Zoom/Teams if preferred. Finally we have user documentation including video tutorials built within RiskCalc.
Service documentation
Yes
Documentation formats
PDF
End-of-contract data extraction
Access to the service is switched off at the end of contract. Users can export content in line with the contract up until this point.
End-of-contract process
Access to the product is terminated.

Using the service

Web browser interface
Yes
Supported browsers
  • Internet Explorer 11
  • Microsoft Edge
  • Firefox
  • Chrome
  • Safari
  • Opera
Application to install
No
Designed for use on mobile devices
No
Service interface
Yes
User support accessibility
None or don’t know
Description of service interface
The website UI is supported by an Angular and HTML5 framework.
Accessibility standards
None or don’t know
Description of accessibility
APIs endpoints are exposed to enable you to integrate your systems with different RiskCalc features to calculate Expected Default Frequency (EDF) and Loss Given Default (LGD) metrics.
Accessibility testing
Not Applicable
API
Yes
What users can and can't do using the API
APIs endpoints are exposed to enable you to integrate your systems with different RiskCalc features to calculate Expected Default Frequency (EDF) and Loss Given Default (LGD) metrics.
API documentation
Yes
API documentation formats
  • HTML
  • PDF
API sandbox or test environment
No
Customisation available
No

Scaling

Independence of resources
Client services are logically separated. Pre-emptive monitoring of services ensure spikes in usage between clients do not impact the service as a whole.

Analytics

Service usage metrics
Yes
Metrics types
Metrics show how the application is accessed (e.g. website, API, or batch processing), the model or feature used including the date it was used, and the number of times it was used.
Reporting types
Reports on request

Resellers

Supplier type
Not a reseller

Staff security

Staff security clearance
Conforms to BS7858:2019
Government security clearance
None

Asset protection

Knowledge of data storage and processing locations
Yes
Data storage and processing locations
Other locations
User control over data storage and processing locations
No
Datacentre security standards
Managed by a third party
Penetration testing frequency
At least once a year
Penetration testing approach
Another external penetration testing organisation
Protecting data at rest
Other
Other data at rest protection approach
Data at rest is encrypted with 256-bit AES.
Data sanitisation process
Yes
Data sanitisation type
Deleted data can’t be directly accessed
Equipment disposal approach
In-house destruction process

Data importing and exporting

Data export approach
Company reports can be exported into Microsoft Excel (CSV), or PDF.
Data export formats
CSV
Data import formats
CSV

Data-in-transit protection

Data protection between buyer and supplier networks
  • TLS (version 1.2 or above)
  • Other
Other protection between networks
HTTPs (SSL) and TLS 1.2 protocols are used to protect data in transit; dual firewall configurations are also in use.
Data protection within supplier network
  • TLS (version 1.2 or above)
  • Other
Other protection within supplier network
HTTPs (SSL) and TLS 1.2 protocols are used to protect data in transit; dual firewall configurations are also in use.

Availability and resilience

Guaranteed availability
Moody's Analytics maintains a 99% uptime for the RiskCalc product.
Approach to resilience
A business continuity plan (i.e. disaster recovery) is in place in cases of severe disruption and loss of data.
Outage reporting
Clients who encounter an outage can contact the Client Support and Services team to report the issue.

Identity and authentication

User authentication needed
Yes
User authentication
Username or password
Access restrictions in management interfaces and support channels
RiskCalc supports two roles: administrator and user. A user can access all screens except Settings. The Administrator has access to all screens including Settings. Changes to Settings screens can affect results so Moody's Analytics recommends this role be limited to a select few individuals.
Access restriction testing frequency
At least once a year
Management access authentication
Username or password

Audit information for users

Access to user activity audit information
No audit information available
Access to supplier activity audit information
No audit information available
How long system logs are stored for
At least 12 months

Standards and certifications

ISO/IEC 27001 certification
Yes
Who accredited the ISO/IEC 27001
BSI
ISO/IEC 27001 accreditation date
14/07/2017
What the ISO/IEC 27001 doesn’t cover
N/A
ISO 28000:2007 certification
No
CSA STAR certification
No
PCI certification
No
Cyber essentials
No
Cyber essentials plus
No
Other security certifications
No

Security governance

Named board-level person responsible for service security
Yes
Security governance certified
Yes
Security governance standards
ISO/IEC 27001
Information security policies and processes
Moody's Analytics does not provide standards, policies or procedures to external parties.

Operational security

Configuration and change management standard
Conforms to a recognised standard, for example CSA CCM v3.0 or SSAE-16 / ISAE 3402
Configuration and change management approach
System and configuration changes, including major and minor releases and bug fixes, are managed through a formal change and release management procedure tracked through JIRA, a centralized Agile project management tool. Changes are requested, approved, implemented, and tracked throughout the release cycle. Application change management policies and procedures are aligned with Moody's Analytics software development life cycle approach.
Vulnerability management type
Supplier-defined controls
Vulnerability management approach
Moody's Analytics routinely performs scans of both its environments and the RiskCalc application to identify, evaluate, and remediate vulnerabilities and threats. An external service provider also performs annual penetration tests of Moody's environments and the RiskCalc application to identify specific threats and vulnerabilities to benchmark them against leading cybersecurity practices. Vulnerabilities and threats are continually monitored, identified, tracked, and prioritised for remediation.
Protective monitoring type
Supplier-defined controls
Protective monitoring approach
The RiskCalc application is monitored 24 hours a day by an end point protection and intrusion prevention system (IPS) which correlates events with a global threat cloud that is continuously updated with known and emerging threats and escalates significant events with alerts. Moody's Cyber Fusion team reviews alerts via a security information and event management (SIEM) tool. In the event that an actionable threat is identified, a security incident is declared and the security incident response plan is invoked.
Incident management type
Supplier-defined controls
Incident management approach
Moody's supports and continually enhances its incident response policies and plan to define security event and incident types, roles and responsibilities, and responses to events and incidents, including preparation, detection, analysis, declaration, containment, and eradication and recovery. Automated system monitoring processes are in place to help detect incidents and alert Moody's teams 24 hours a day, 7 days a week. Network traffic events are logged to support historical or current incidents. Logs are collected from relevant systems, are stored for a specific amount of time, and require periodic verification of the quality of the logs collected.

Secure development

Approach to secure software development best practice
Supplier-defined process

Public sector networks

Connection to public sector networks
No

Social Value

Fighting climate change

Fighting climate change

Moody’s Corporation (NYSE:MCO) announced in July 2021 that it received an ‘A’ score from CDP on climate action for the second consecutive year. The top score recognizes Moody’s as one of a small number of high-performing companies out of nearly 12,000 that are leading actions to cut emissions, mitigate climate risks and develop the low-carbon economy. In 2021, Moody’s accelerated its commitment to achieve net-zero emissions by 2040, bringing its original target forward by ten years, and advanced its validated, interim net-zero science-based targets.
Equal opportunity

Equal opportunity

Our diversity strategy focuses on hiring diverse candidates and elevating non-traditional employees to leadership positions, with a focus on empowering women leaders on a global scale and increasing the racial and ethnic makeup of our employees and leaders globally. We take a holistic approach to this work by implementing comprehensive education programs, such as diversity trainings, as well as specialized programs for historically marginalized groups, including Business Resource Groups (BRGs). We also encourage Courageous Conversations and institute DE&I accountability measures to help move us from awareness to impact. We acknowledge the opportunity for the financial services industry to do more in promoting a diverse and inclusive workplace, and we recognize the responsibility we have to our employees, customers, stakeholders, and society to advance our diversity strategy.

Pricing

Price
£39,500 to £200,000 a licence a year
Discount for educational organisations
No
Free trial available
Yes
Description of free trial
We offer free trials to new organisations or teams that are interested in testing the solution. Trials normally last up to a week and the only limitation is the ability to export information.

Service documents

Request an accessible format
If you use assistive technology (such as a screen reader) and need versions of these documents in a more accessible format, email the supplier at uk@bvdinfo.com. Tell them what format you need. It will help if you say what assistive technology you use.