Financial forecasting and credit risk modelling solutions
Gain expert financial insight from our team of economists and bespoke consultancy.
Enquire nowUnderstand tomorrow and make better decisions today
Have you ever wished you could see around corners? You could prepare for opportunities that are headed your way and avoid risks in your path. It’s a bit like our financial forecasting and credit risk modelling solutions. Using data, expert analysis and industry-leading tools we can help you make better decisions, adapt quickly when conditions change and spot your next opportunity ahead of your competitors. We can’t give you superhuman powers of sight, but we can help you see the future more clearly.
How financial forecasting and credit risk modelling can benefit your business
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- Prepare for the future: Use data to predict and plan for change
- Improve your decisions: Develop smarter business strategies based on data, modelling and analysis
- Identify opportunities: Predict future hot-spots, consumer trends and other ways grow your business
Minimise
Stay a step ahead of risk and reduce losses
Forecast
Anticipate how economic change will impact your business
Maximise
Spot opportunities and trends
Compare
Understand the strengths and weaknesses of your competitors
Comply
Make sure you meet your regulatory obligations
Improve
Make smarter decisions and future-proof your business strategies
Key features of our financial forecasting and credit risk modelling solutions
Our solutions help you understand current and future economic developments nationally, by region and local authority; enabling you to accurately forecast losses to comply with the law.
Meet the challenge of IFRS 9 accounting requirements
Comply with IFRS 9 regulations in the best way for your business and make more profitable decisions.
- Access analytical support and lifetime loss forecast modelling
- Use a wide range of data to monitor changes in risk
- Predict future losses
- Update loss forecasts quarterly
Understand your competition and spot opportunities
Compare your business with your peers and forecast the performance of your portfolio. Identify and understand future risks and opportunities, and plan for them.
- Combine lending policy, customer profile and economic data to forecast performance
- Identify risks within different customer categories
- Understand market opportunities for new products
- Benefit from quarterly assessments of the economy, credit market and more
Use data to make better decisions and drive your business forward
Create better business strategies and make quicker decisions with confidence. Swiftly adjust when conditions change and analyse business performance.
- Design, test and launch business strategies quickly and easily
- Access world-class decision-making tools
- Reduce decision-making time
- Identify trends and new opportunities
FAQs
A financial forecast is a prediction of what a business’s financial position will be in the future.
Financial forecasts are produced by looking at a business’s past financial performance and combining this with predictions about future economic conditions, trends in the relevant sector and other internal and external factors that could impact a business’s revenue.
A financial forecast typically includes projections of income, expenditure, cash flow and profitability.
Financial forecasting is important because it allows a business to develop a growth strategy that’s realistic and achievable. It also allows a business to protect itself from unexpected internal and external events that might affect revenue. Financial forecasting is also important because potential lenders or backers might want to see it before they agree to lend money to, or invest in, the business.
A business forecast generally refers to a financial forecast that gives a clear picture of an organisation’s historic financial performance and an indication of how it might perform in the future. The future performance will depend on whether circumstances remain the same or whether, for example, an economic slowdown is predicted, or a particular strategy is implemented to drive growth.
A forecast is often started by using past data, which is then combined with information about the future. For example, sales might be forecast to be higher than in previous years due to investment in a marketing campaign.
Forecasting is done using past data combined with information about what is known or predicted about the future, for example, an economic downturn or new product launches.
A good forecast is an accurate and impartial prediction of future financial performance, trends, demand and other factors that can impact a business.
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