A rating is an evaluation of the financial and economic activity quality of a company, observing and studying the major risk factors.
Our Multi Objective Rating Evaluation (MORE) assesses the level of a given company's financial health, by using their financial statements data.
MORE methodology is used by modefinance as part of the process of issuance of Credit Ratings in compliance with Regulation (EC) N. 1060/2009 of the European Parliament and of the Council of 16 September 2009 (the Credit Rating Agencies Regulation).
With effect from July 10th, 2015, modefinance srl is registered as a credit rating agency in accordance with Regulation (EC) N. 1060/2009 of the European Parliament and of the Council of 16 September 2009 (the Credit Rating Agencies Regulation).
The main idea underlying the MORE rating model evaluation is analyzing a series of economic and financial indicators in detail, to assess the fundamentals of the company, and to assign a final rating as accurate as possible. The final rating is evaluated using a variety of innovative numerical methods, integrated with the most modern economic and financial theories, in order to give an assessment of the credit risk that is as consistent and transparent as possible.
The core of the MORE model is a multi-dimensional and multi-objective algorithm that aggregates in a coherent way the various aspects (quantitative, qualitative, economic and financial) of the analyzed company.
Please note that the measure of creditworthiness included in modefinance's s-peek is not a "credit rating" as defined in accordance with the EU Regulation N. 1060/2009.
The FLASH report is the first paid report available within s-peek, and contains the following information:
Within the Extended12M report, you will have everything provided in the previous FLASH report (credit rating, credit limit, comparison with the sector over the last 3 years) and, in addition:
By choosing the Extended12M report, you have access to the maximum amount of information available, to fully understand a company's health.
We evaluate the annual commercial credit which may be given to the company.
modefinance calculates the company's credit limit based on the following factors:
All reports are downloadable as PDF, so you can have them whenever you want, wherever you are, even if you are not online!
Keep track of the updates regarding the companies that may interest you. Through an easy internal search engine you can choose among 25 million companies and keep an eye on them in your profile.
You can see all the companies you are scanning or the ones you purchased a report of.
For each chosen company you can see:
Our database covers all the major companies within the EU. Here you have an indication that easily allows you to understand if the experience with that company was positive or not.
s-peek tracks your experience with any company (both as a supplier or a client) in order to give all users more certainty regarding the companies they have business with.