Risk & Compliance

Financial Health Rating for Risk & Compliance

Organizations face risks in all aspects of their business.  Governance, risk, and compliance (GRC) programs help organizations avoid disaster, maintain compliance with regulations and operational best practices and maximize business performance.  GRC is responsible for having real-time visibility into the organization’s risk posture including the financial, reputational, operational, and strategic risks.

As we have seen from recent headlines, managing third-party risks is more important than ever and is a critical aspect of any GRC program.  Rapid Ratings enables GRC professionals to gain visibility into the financial health of their third-parties globally, allowing them to minimize risks exposure, satisfy compliance mandates, and maintain business continuity.

Holistically Monitor Stability and Viability of Third-Parties

Rapid Ratings’ proprietary FHR® (Financial Health Rating) is the industry’s leading assessment of public and private company financial health.  Our quantitative rating, the FHR is a true comparison of a company’s financial health on a straightforward and consistent 0-100 scale and provides early warning (12 months forward looking) and estimated probability of default on a companies’ deterioration or improvement.  With greater insight into the financial stability of vendors, suppliers, and other third-parties, organizations can better identify and mitigate risks that could otherwise have significant audit-related repercussions, which can undermine shareholder value and corporate viability.

Assess Public and Private Companies with Transparency and Consistency

Not all third-parties are publically-traded companies, and oftentimes obtaining financial information from private companies can be challenging. Rapid Ratings is the only firm to rate public and privately held companies globally, and on the same basis, helping our clients mitigate the risk of disruption. We offer proven solutions for obtaining financial information from tens of thousands of privately held companies to assess them with the same depth of analysis as public companies.

  • Assess financial stability of public and privately held counterparties, globally
  • Increase efficiency and improve timely risk management and mitigation plans
  • Avoid unexpected business disruption and protect your business’ bottom line
  • Fluid and easy to consume insight for risk management oversight