Customer Portfolio Review Score

Unrivalled access to detailed data to manage ongoing risk – both now and in the future

Veda's Portfolio Review Score (PRS) is a statistical scorecard that uses data to predict the likelihood of an existing credit customer experiencing an adverse event over the next 12 months.

Foresight into future behaviour, through understanding a customer's current behaviour with other credit providers is invaluable. Given the trend of small business relying on multiple sources of credit, it is impossible to forecast future behaviour through internal analysis alone.

In fact, Veda's own analysis reveals more than half of businesses that have been in external administration had no prior defaults. As such, traditional in-house methods of predicting future adverse events based solely on defaults are no longer adequate forms of risk management.

This statistical Portfolio Review scorecard utilises:

Enquiry + Adverse data

A significant volume of enquiries in a short period of time can imply financial distress for a small business or sole trader. PRS provides bureau enquiry data together with bureau adverse data to provide a wellrounded portfolio review risk score.

Entity data + Director data

It can be difficult to know the risk of a small business without a comprehensive risk assessment of an organisation, the people behind it, and the companies they are associated with. By adding Director data, the score becomes even more powerful.