From data to decision — Criat PD Suite makes credit evaluation effortless.
Key Features
Extensive
Coverage
Exceptional
Accuracy
Multi-Period
Predictions
1-60mth Term Structure
30+ Years
History
Since 1991
Silicon Valley Bank
By Q1 2022, 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 gave a BBB- rating.
From May to June 2022, considering the overall macroeconomic situation in the US and the latest financial reports published by SVB Financial Group, our PDiR dropped from BB+ to BB.
From October to November 2022, influenced by the ongoing tightening of monetary policy in the US, Criat’s PD model, taking into account the latest financial statements, downgraded SVB’s PDiR from BB- to B+.
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Dynamic and Forward-Looking
PD and Implied Rating
Our 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.
Use Applications
Early Warning
Detecting credit deterioration of exposures at the earliest
Sector Analysis
Assessing the risk of region, economy and industry
Risk-Based Pricing
Accurately and consistently pricing credit risk of instrument
Risk Reporting
Enabling proactive risk monitoring and management