Home » Industry » Risk Solutions (page 14)

Risk Solutions

Thomson Reuters Q3 Revenues Up 1% – Governance, Risk & Compliance Segment up 17%

Revenues from ongoing businesses were $3.2 billion, a 1% increase before currency.  Adjusted EBITDA decreased 5% and the corresponding margin was 27.3% versus 28.5% in the prior-year period. The margin declined as the benefit from no integration expenses in the quarter (versus $39 million in the prior-year period) was offset by lower organic revenue growth; a decrease in high-margin revenues ... Read More »

Tinubu Square Releases Tinubu Risk Management Center for Corporates

Proven trade credit risk solutions for insurers now available directly to B2Bs, lowering cost of risk management by up to 50% Tinubu Square, one of the most trusted sources of credit risk solutions for trade credit insurers, announced the latest release of its Tinubu RMC (Risk Management Center) platform, designed for business-to-business organizations.  Tinubu RMC is the first and only ... Read More »

Ratings Linkup between Dagong (China), Egan-Jones Ratings (USA) and RUS Rating JSC (Russia)

The Chinese Rating Agency Dagong announced that it was linking with United States and Russian partners to form an ‘independent’ rating group.  Dagong would set up a joint venture company, called Universal Credit Rating Group, with Egan-Jones Rating (EJR) and RusRating JSC.  According to the statement of Dagong the partners do not represent the interest of any particular country or ... Read More »

European Risk Climate: More than 25% of European Business Failures are the Result of B2B Customer Defaults

B2B credit risk exposure is now at the top of C-level priority concerns.  According to Tinubu estimates, customer receivables represent more than a third of a B2B company’s assets. More than 25% of business failures in Europe are the direct result of B2B customer defaults. Write offs of bad customer debt have grown from an average .5% of revenues to ... Read More »

Thomson Reuters Buys Op Risk Specialist Avanon

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced the completion of its acquisition of Avanon, a provider of integrated operational risk management software, to further help clients tackle and achieve process efficiencies in managing enterprise and operational risk.  Terms of the deal were not disclosed. The acquisition sees Thomson Reuters expand its operational ... Read More »

Verisk Analytics Unit ISO Launches Wind Rating Program

Program to provide review of building characteristics, factors that affect a building’s wind resistance. ISO, a member of the Verisk Insurance Solutions group at Verisk Analytics, has launched an Enhanced Wind Rating Program, a commercial property rating program designed to address wind peril. ISO says the program provides a detailed review of building characteristics and geographic and environmental factors that may ... Read More »

Reed Elsevier Reports 5% Revenue Growth

After delivering a solid set of results with strong earnings growth, Reed’s recovery has started to gain momentum. Underlying revenue growth was +5% (+3% excluding biennial exhibition cycle) and adjusted operating profit growth was +7%; overall growth +8% at constant currencies.  Adjusted EPS was +11% to 24.7p for Reed Elsevier PLC; +18% to €0.47 for Reed Elsevier NV. Reed said ... Read More »

Equifax Reports Record Second Quarter 2012 Results

Following an impressive Q1 performance Equifax again pulled ahead with record second quarter results:  Revenues were up 15% (Non GAAP and local currency basis), Operating income was up 18%.  Highlights: U.S. Consumer Information Solutions (USCIS): Total revenue was $230.1 million in the second quarter of 2012 compared to $194.0 million in the second quarter of 2011, an increase of 19 ... Read More »

BIIA Member Panjiva’s Trend Spotting Reveals Potential Supply Chain Disruptions

BIIA Member Panjiva’s unique trend spotting services help companies to spot opportunities and potential problems in global supply chains.   Here is just one example of potentkial supply chain disruption in international energy flows. America is in the middle of a natural gas boom, due in part to explosive growth in the shale gas industry. News reports say that the spike in ... Read More »

Verisk Analytics to Acquire Aspect Loss Prevention to Enhance Retail Loss Prevention

Verisk Analytics, Inc. announced it has signed an agreement to acquire Minneapolis-based Aspect Loss Prevention, a leading provider of loss prevention software and analytic solutions to the retail, entertainment, and food industries. Throughout the United States and parts of Europe and Asia, Aspect has saved customers significant amounts of money attributed to internal theft through its state-of-the-art exception-based reporting and ... Read More »

The Case for Continuous and Systematic Monitoring of Business Relationships

As business relationships continue to expand globally and in complexity, monitoring and analyzing business partners and clients takes on added importance. Portfolios are increasingly diverse and comprised of partners from all corners of the globe, each of whom, can have a direct impact on credit default risk. The business environment is mandating cost reductions interestingly at a time when proactive ... Read More »

Verisk Insurance Introduces 360Virtual Inspection

Verisk Insurance Solutions, a unit of Verisk Analytics (Nasdaq:VRSK), announced it has incorporated a new desktop inspection feature into 360ValueR .   on high-quality aerial imagery, 360Virtual Inspection(TM) lets insurers confirm property location and examine many exterior building characteristics during the underwriting process. 360Virtual Inspection provides up to seven different views of the property to determine characteristics including building style, roof ... Read More »

Credit Scorer L2C Receives US$4 million Funding

According to Crunchbase L2C received $4 Million in 2 Rounds from 2 Investors L2C was founded in 2000 by Mike Mondelli, the current CEO.  He focuses on Business and Product Development for L2C and is a thought leader in consumer credit scoring using alternative payment data.  Mike has led the installation of L2C\’s family of risk and marketing scores for ... Read More »

CoreLogic Q1 Revenues up by 13% – Stong Growth in Analytics

CoreLogic(CLGX), a provider of consumer credit information, analytics and business services, today reported financial results for the quarter ended March 31, 2012.  Revenues were up 13.2% to US$358.1 million largely fueled by double digit growth in its Data and Analytics and Mortgage Origination Segments.  Operating income from continuing operations up 70.2% to $45.2 million reflecting higher revenues and benefits from ... Read More »