Who is Credit-Vision?
Credit-Vision is a financial technology start-up that has developed
an innovative data platform for private corporate credit portfolio
The company is led by a world-class team of financial services and
technology experts and is backed by a strong syndicate of investors with
a strong and proven track record, including the CEOs of portfolio
management software BlackMountain Systems, the founder of Covenant
Review, the founder of LCD, and others.
Credit-Vision is headquartered in London and is part of the largest
European financial technology incubator Level 39, and is also backed by
the UK Government's Department for Technology Innovation.
Who are Credit-Vision’s clients?
Credit-Vision serves investors with exposure to the corporate credit asset class. These include:
- CLO Managers / investors
- Direct lenders
- HY and leveraged loan fund managers
- Limited Partners
Who are the users of Credit-Vision in client institutions?
Credit-Vision caters to several roles within a client institution. These include:
- Credit Analysts have more time for value-added tasks: sourcing
deals, building relationships with borrowers and make complex investment
- Portfolio Managers get an accurate and comprehensive overview of their portfolio
With Credit-Vision, investment professionals can leverage their credit competences throughout the institution.
Which problem do you solve?
Private company data is very hard to locate, process and analyse.
Today’s manual, decentralised collection and processing of private
financial data is slow and antiquated. It results in valuable data being
ignored, which puts investors at risk of missing critical information.
Credit-Vision streamlines and modernises portfolio analysis and
through technology it allows clients to make the most of one of the most
critical assets they have: their data.
Why have you created Credit-Vision?
Credit Vision brings a new and improved approach to portfolio
monitoring. Undetected and mispriced credit risk is still a worry for
managers, particularly at the current point in the credit cycle. Thanks
to Credit Vision early interventions is possible and allows to minimise
portfolio credit issues. Our platform provides CLO and Private Debt
Managers with the toolkit they need to accurately assess credit risk and
capture market opportunities.
Credit-Vision offers superior engagement through a powerful, user
friendly platform that delivers near real-time insights. Analytics
dashboards help empower more effective decision-making, minimising risk
and ultimately creating value to investors.
Okay, but give me a real life example of your value proposition
“Following a difficult restructuring of a French borrower a few years
ago, a Senior Portfolio Manager confessed to me in Paris " I hate
surprises, especially in my portfolio. I want to keep disappointments
from becoming disasters such as this one, even more so given where we
are in the credit cycle.” Another lender added “The signs were there, I
wish I saw this coming.” Portfolio Managers require technology to
efficiently and accurately assess credit-risk. That is why we created
Credit-Vision. Credit-Vision helps Portfolio Managers steer away from
reefs and hazards, it is a tool to promote confident investment
Benefits of Credit-Vision
Credit-Vision is a front office platform that promotes confident investment decisions and streamlines portfolio management:
- Allowing accurate and timely credit risk detection
- Freeing investment teams’ time, letting them focus on generating and executing new investments
- Offering greater data control and traceability, which generates constructive and collegial conversations
- Reporting granular data down to KPI level, delivering an
unprecedented degree of insight and driving superior risk adjusted
- Integrating with existing systems to offer a unified view of credit quality across the institution
- Sending actionable alerts
- Digitising processes and bringing superior credit analysis to your portfolio
How can you help me?
Credit-Vision helps you keep your finger on the pulse of your portfolio:
- Grasp credit trends at both portfolio and single name levels
- Analyse borrowers’ financials in great depth and granularity
- Single-click to Management Accounts
- Correlate positions to gain insights on risk exposure on a relative value basis
- Receive actionable alerts they can react to
- Synchronise Credit-Vision with their own House model
Credit-Vision helps asset managers deliver on what their LPs care
about the most: capturing attractive investment opportunities and
managing their portfolio effectively.
What’s your technology?
The technology of Credit-Vision relies on two core engines:
- Automated data extraction
- Proprietary data mapping technology
On these, many functions have been developed such as update
notifications, editing, tagging of Management Accounts and management
commentaries for example. Nevertheless, you can still download Excel
files on the platform and work as you are used to.
Scalable solution continues to add value to client over time via
releases of features that are part of Credit-Vision development roadmap.
How long does it take for Credit Vision to process financials?
We fully understand the need for speed, particularly with respect to
credits actively traded in the secondary market or in competitive
auction contests such as BWICs.
To offer a highly efficient data turnaround we tier data processing in two parts:
Level 1 data : We publish a “Snapshot” i.e. a
digital tear sheet with headline information that includes company’s
high-level earnings. This is published in a matter of hours after
earnings release, sometimes even during the earnings call. Snapshot
provides investors with accurate and timely information they can
immediately react upon, particularly as this data is likely to have an
impact on secondary market prices. In fact, we see our Snapshot as the
financial data equivalent of an LCD or Debtwire news article
Level 2 data: The full model is subsequently uploaded to the platform.