What outputs does CreditWiz+ provide?
CreditWiz+ generates a risk rating for the subject organization and also provides likely default probabilities over a period of as much as six years. Technically, these are known as the Expected Default Frequencies (EDFs). • What else can the CreditWiz+ do? Answer: The software can provide the user with a indicative figure as to what credit premium should be charged for the credit extended to compensate for the risk assumed based on certain parameters. It can also monitor portfolio concentrations based on user-specified guidelines. • Who can use CreditWiz+? Answer: CreditWiz+ would be useful to anyone who has to take decisions pertaining to matters of credit. This includes a wide gamut of organizations such as banks; financial institutions; financial services companies; investment departments of insurance, pension and mutual funds; credit controllers in large manufacturing and trading organizations; treasurers of large corporations; etc. • Does CreditWiz+ need to be customized to meet
