Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Credco operates as a consumer reporting agency that compiles and assesses consumer data, offering consumer reports to authorized third parties for credit-related decisions and other legally allowed purposes. If you wish, you can contact Credco’s Consumer Assistance Department to obtain a copy of the information we hold regarding you, which may play a role in evaluating your creditworthiness. This agency serves various clients, including banks, mortgage providers, and other financial institutions, aiming to assist them with credit risk evaluations and similar objectives as allowed by law. As a consumer reporting entity, we are authorized to share information about you solely with companies you have permitted or those with a legitimate purpose as defined by the Fair Credit Reporting Act (FCRA). It's important to note that Credco acts as a reseller of consumer report data and does not keep a database that generates new consumer reports independently. Furthermore, consumers have the right to inquire about and review their own data, ensuring transparency in how their information is utilized.
Description
RiskAvert serves as a comprehensive risk management platform designed for financial institutions to efficiently collect and reconcile data, compute, aggregate, and report on various regulatory risks including credit, market, operational, and concentration risk within a seamlessly integrated yet flexible framework. It provides complete methodologies for assessing operational, market, and credit risks, enabling banks to transition from a standardized approach to Internal Ratings-Based (IRB) methodologies. Additionally, the platform features capabilities for XBRL validation and conversion across various taxonomies. Its extensive cube-based Management Information System (MIS) reporting apparatus fully accommodates market disclosure obligations, while a thorough stress-testing framework and detailed concentration risk measures ensure compliance during supervisory reviews. Moreover, RiskAvert guarantees adherence to the EU Capital Requirements Regulation (EU-CRR) and Capital Requirements Directive (CRD), including anticipated updates and modifications. Furthermore, it facilitates the calculation of credit risk capital requirements through both standardized and IRB methodologies, catering to the diverse needs of financial institutions.
API Access
Has API
No
API Access
Has API
No
Integrations
Autodeals
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Cotality
Founded
2010
Country
United States
Website
www.cotality.com/legal/credco-consumer-assistance
Vendor Details
Company Name
Profile Software
Country
Greece
Website
www.profilesw.com/en/risk-avert.php
Product Features
Financial Risk Management
Compliance Management
No
Credit Risk Management
No
For Hedge Funds
No
Liquidity Analysis
No
Loan Portfolio Management
No
Market Risk Management
No
Operational Risk Management
No
Portfolio Management
No
Portfolio Modeling
No
Risk Analytics Benchmarks
No
Stress Tests
No
Value At Risk Calculation
No
Product Features
Financial Risk Management
Compliance Management
No
Credit Risk Management
No
For Hedge Funds
No
Liquidity Analysis
No
Loan Portfolio Management
No
Market Risk Management
No
Operational Risk Management
No
Portfolio Management
No
Portfolio Modeling
No
Risk Analytics Benchmarks
No
Stress Tests
No
Value At Risk Calculation
No