With the growing trade tensions, the weakened rule-based multilateral trading system, frequent security incidents and the current global pandemic, increasing trade frictions, policy uncertainty, and supply chains disruption caused by shutdowns, the dampened business and financial market sentiment has triggered market turmoil, and consequently slowed down investment and trade development, all of which have led to an increase in the difficulty of corporate credit management.
A sound credit management system needs to include credit crisis management, with the awareness and ability to deal with emergencies. However, emergencies generally have the characteristics of "high uncertainty" and "non-procedural decision-making". Therefore, the need for better crisis management in enterprises has become more and more urgent.
Experian’s Emergency Impact Evaluation Services enable us to sieve and identify, based on the list of target companies provided by customers, the level of impact of emergency events on their partners and key customers. Experian can also identify products and list of relevant manufacturers and sellers affected by such emergencies based on the type of merchandise selected by customers. We can also help customers uncover risks through real-time assessment, default risk involving their partners as a result of their connection with such emergencies.
Emergency risks are those caused by sudden and abrupt policy changes, man-made events and natural disasters.
Agile and swift
Examinations and verifications by professional risk analysts
More attuned to customers’ needs