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.
Stay a step ahead of risk and reduce losses
Anticipate how economic change will impact your business
Spot opportunities and trends
Understand the strengths and weaknesses of your competitors
Make sure you meet your regulatory obligations
Make smarter decisions and future-proof your business strategies
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.
Comply with IFRS 9 regulations in the best way for your business and make more profitable decisions.
Compare your business with your peers and forecast the performance of your portfolio. Identify and understand future risks and opportunities, and plan for them.
Create better business strategies and make quicker decisions with confidence. Swiftly adjust when conditions change and analyse business performance.
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.
Financial Regulatory Compliance
Understand your business customers better
Consumer Credit and Data tools
Helping you understand your customers
Risk and Credit Scoring Software
Make decisions based on data
Onboarding & Management tools
Condense all your customer data into one application