About the Trade Report
The Trade Report is developed by GeTS and OneConnect; leaders in their respective industries.
With the Trade Report, banks and financial institutions will now have a comprehensive view of an SME’s international trading activities which allows for the evaluation of its operational soundness and growth potential.
- Generated using trade data derived from OneConnect’s data modelling and credit scoring capabilities. Complementing the conventional credit assessment approach by banks and financial institutions, the Trade Report provides a Trade Score and additional insights related to an SME’s operational health, concentration risk, and potential business growth - all of which are significantly correlated to their ability to make loan repayments.
- The Trade Score helps to determine the quality of an SME’s business and tracks how frequently trading occurs. This allows banks and financial institutions to better evaluate the trends in an SME’s revenue stream and detect any risk of fraudulence.
- By supplementing conventional credit assessments with trade data and secondary insights, lenders can greatly speed up their decision-making process, and improve risk assessment while boosting revenue growth.