Credit Risk whitepaper Business loan portfolios are changing at an extraordinary speed. Assessing default risk, deciding capital allocation, or devising collection strategies now demands the most current information inputs. In this whitepaper, we discuss how automating the collection of accurate financial statements for small businesses can drastically reduce the risk in your portfolio, improve accuracy
21st century technology is now available for firms of all sizes that increases productivity while working remote. During this unprecedented time, brought on by a global pandemic, the need to work completely remote has forced most firms to rethink their processes. The key to any change in process can be answered by a simple question
As the COVID-19 pandemic threatens millions of small businesses, SMB lenders are on the front line trying to help keep them afloat. Here, we look at how banks can adapt their ways of working, utilizing the very latest financial data assets and technology, to meet a challenge no one predicted. Before it was important. Now
COVID 19 has struck a considerable blow to the global economy. For lenders specifically it has meant huge spikes in credit requests from anxious SMBs, an understanding that their current credit models never expected such a fast economic degradation and a realization that they have a very limited view on current liquidity of their borrowers. The
In this webinar, Clint Cooper and Leigh Polzin from Validis are joined by Brad Caruso, Partner at WithumSmith+Brown, and Matthew Sutorius, Shareholder at Clark Nuber to discuss the impact of COVID-19 on the audit function. In particular, they explore how life has changed during this forced period of remote working and the things firms can
Validis announces it has made significant technological enhancements to its award-winning platform, DataShare, in order to help lenders meet obligations of the Coronavirus Business Interruption Loan Scheme (CBILS). Under the new guidance SMEs must prepare detailed financial reports and complete a CBILS applications form in order to apply for a loan worth up to £5m
During lockdown, we joined an esteemed panel to chat all things COVID-19 and SME Lending. With our strategic partners nCino and PWC we discussed the unique challenges faced by SMEs and their lenders during the virus outbreak and the immediate things they can be thinking about in order to gain some much needed respite. Have
We are working in unprecedented conditions. This is truly a unique and urgent situation. Governments and Central Banks have come together to provide liquidity, reassurance, and fiscal stimulus to our markets. Access to credit and flexible credit structures – provided by lenders or government agencies – are key to restoring economic order and eventual recovery.
With a raft of SME data now available, the challenge is in being able to access it quickly and efficiently to make it fit for purpose In our last blog, we talked about the lending journeys experienced by both small businesses and the lenders they rely on. With the advent of digitalisation and a proliferation of
We’re excited to announce that Validis DataShare has been nominated in the Most Disruptive Financial Sector Technology category for this year’s FS Tech Awards. Good luck to all those nominated. Full list of nominees can be found here.
Credit Risk whitepaper Business loan portfolios are changing at an extraordinary speed. Assessing default risk, deciding capital allocation, or devising collection strategies now demands the most current information inputs. In this whitepaper, we discuss how automating the collection of accurate financial statements for small businesses can drastically reduce the risk in your portfolio, improve accuracy
21st century technology is now available for firms of all sizes that increases productivity while working remote. During this unprecedented time, brought on by a global pandemic, the need to work completely remote has forced most firms to rethink their processes. The key to any change in process can be answered by a simple question
As the COVID-19 pandemic threatens millions of small businesses, SMB lenders are on the front line trying to help keep them afloat. Here, we look at how banks can adapt their ways of working, utilizing the very latest financial data assets and technology, to meet a challenge no one predicted. Before it was important. Now
COVID 19 has struck a considerable blow to the global economy. For lenders specifically it has meant huge spikes in credit requests from anxious SMBs, an understanding that their current credit models never expected such a fast economic degradation and a realization that they have a very limited view on current liquidity of their borrowers. The
In this webinar, Clint Cooper and Leigh Polzin from Validis are joined by Brad Caruso, Partner at WithumSmith+Brown, and Matthew Sutorius, Shareholder at Clark Nuber to discuss the impact of COVID-19 on the audit function. In particular, they explore how life has changed during this forced period of remote working and the things firms can
Validis announces it has made significant technological enhancements to its award-winning platform, DataShare, in order to help lenders meet obligations of the Coronavirus Business Interruption Loan Scheme (CBILS). Under the new guidance SMEs must prepare detailed financial reports and complete a CBILS applications form in order to apply for a loan worth up to £5m
During lockdown, we joined an esteemed panel to chat all things COVID-19 and SME Lending. With our strategic partners nCino and PWC we discussed the unique challenges faced by SMEs and their lenders during the virus outbreak and the immediate things they can be thinking about in order to gain some much needed respite. Have
We are working in unprecedented conditions. This is truly a unique and urgent situation. Governments and Central Banks have come together to provide liquidity, reassurance, and fiscal stimulus to our markets. Access to credit and flexible credit structures – provided by lenders or government agencies – are key to restoring economic order and eventual recovery.
With a raft of SME data now available, the challenge is in being able to access it quickly and efficiently to make it fit for purpose In our last blog, we talked about the lending journeys experienced by both small businesses and the lenders they rely on. With the advent of digitalisation and a proliferation of
We’re excited to announce that Validis DataShare has been nominated in the Most Disruptive Financial Sector Technology category for this year’s FS Tech Awards. Good luck to all those nominated. Full list of nominees can be found here.
