04.11.2020

ACTICO extends its Financial Spreading Module with new standardized spreading templates provided by Scope Ratings

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Berlin / Immenstaad, November 03, 2020 – ACTICO, a leading software provider for credit and risk management software, today announced the collaboration with Scope Ratings, the largest European credit rating agency. ACTICO expands the Financial Spreading Module with Scope’s templates for financial data spreading and quantitative risk analysis.

“We are very glad to collaborate with Scope Ratings and leverage their deep knowledge in risk analytics”, said Christopher Hansert, Product Manager Credit Risk Solutions at ACTICO. “Our customers will thus benefit from the rating agency’s methodological competence to be seamlessly integrated with our powerful software technologies for credit risk assessment.“

Financial institutions can leverage the integrated spreading templates to capture and assess financial statements of corporates and banks counterparties. The templates include detailed chart of accounts for capturing financial statement data, spreading guidelines and adjustments, and an extensive set of financial ratios.

Michael Baker, Managing Director at Scope Risk Solutions adds “We are delighted to partner with ACTICO and to create a combined offering that empowers more financial institutions to increase the efficiency and quality in their financial data spreading and risk assessment processes.“

Learn more about the ACTICO’s Financial Spreading Module.

Download Press Release Note (pdf)