FinovateEurope 2015 / Quantitative Credit Research

Presenter Profile:

How they describe themselves: In 2010, in London, Quantitative Credit Research (QCR) was founded by two investment bankers in order to develop RiskAware, a new credit risk management application. The financial crisis showed that there was room for improvement in credit risk management throughout the financial sector and QCR delivers that technological leap in risk management, which enables bank and non-bank financial institutions to save millions of USD in credit losses.

How they describe their product/innovation: RiskAware was developed based on the lessons learned from the financial crises and can analyse and measure corporate credit risk quicker and better than existing practices. RiskAware forecasts corporate defaults on a one-year term with close to 90% accuracy rate. New methodology includes the introduction of the macro environment into credit risk analysis and the simulation of 32 macro scenarios for each loan and borrower.

Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed

Contacts:

Bus. Dev. & Sales: Tamas Varkonyi, CEO & Founder, tamas.varkonyi@qcresearch.co.uk
Press: Brigitta Posa, Head of PR, brigitta.posa@qcresearch.co.uk


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