top of page

Probability of Default (PD)
and Implied Rating (PDiR) Suite

From data to decision - Criat PD Suite makes credit evaluation effortless.

Key Features

Extensive
Coverage

Over 130,000+ Firms

Exceptional
Accuracy

85% NA | 75% EU | 76% APAC

Multi-Period Predictions

1-60mth Term Structure

30+ Years
History

Since 1981

Suite Elements

Criat PD and Implied Rating

Criat's dynamic, forward-looking PD quantifies a firm's solvency over time horizons from 1mth to 5 yrs by evaluating the stages of the credit cycle, region, industry, and firm-specific factors.

Criat Credit
Cycle Index (CCCI)

Criat Credit Cycle Index measures the aggregate credit risk of an economy/industry via a bottom-up approach to represent the healthiness and vulnerability of the credit market.

PD Derived Metrics

PD Derived Metrics provides a detailed breakdown of the factors contributing to default risks to better understand the macro and company-specific driving forces that impact credit model outputs.

Global Coverage

Public Markets

45,040

~100% Public Firms

37,951

>80% Bond Issuers

Private Markets

78

Region-Industry Models

45,040

Private Firms
with Financials

Dynamic and Forward-Looking

Connecting Dots_edited.jpg

Case Study

By Q12022, SVB's PD level had surpassed the 90th percentile of the entire US banking industry, with PDiR standing at BB+.
Concurrently, Moody's assigned an A3 rating, and S&P gaveja BBB-rating.
From May to June 2022 considering the overall macroeconomic situation in the US and the latest financiali reports published by SVB
Financial Group, our PPiR dropped from BB+ to BB.
From Octoberito November 2022, influenced by the ongoing tightening of monetary policy in the US, Criat's PD model, taking into account the latest finarcial statements, downgraded
SVB's PDiR from BB-to B+.

Leading-Edge Forward Intensity Model

Scientific Foundataion

Since 2012 —

A next-gen proprietary model, evolving with

AI & machine learning advancements 

Connecting Dots

Get in Touch
with
Criat

Stay ahead of market shifts.

Discover how our forward-looking analytics can empower your credit risk decisions.

Thanks for submitting!

bottom of page