Credit Risk

Red Flag Alert provides a solution for credit risk management which enables you to make effective credit decisions across your organisation by using real-time data on over 5 million UK businesses.

Good credit risk management hinges on high quality data; tens of thousands of businesses find themselves in financial distress each year because a customer hasn’t paid or a supplier hasn’t delivered what they’ve promised. Evaluating this risk and putting mitigating actions into place can be greatly improved by using Red Flag Alert.

Credit Assessment

Price risk accurately by plugging our detailed insolvency algorithm into your calculations.
Financial health rating for every business in the UK, incorporating 142 key financial indicators and giving an early view on the likelihood of insolvency with our proprietary algorithm.
Pre-screen suppliers so you can find ones which fit your credit approval criteria.
Pre-screen prospects so you can focus your outbound sales and marketing operations on businesses which have a favourable profile.

Detailed Analysis

With over 5 million business records you are able to connect associated businesses and assess risk across different business structures.
Information on over 20 million directors and sole traders, enabling you to evaluate directorship and financial background of the key people in businesses you work with.
Provide detailed reports which can be tailored to pull out the key information, enabling you to speed up decision making.
Looking at the financial health of a business alongside red flags gives you detailed information on the risk level associated with it. Where further clarification is required you can search on over 40 individual business criteria.

Improved Efficiency

By plugging your CRM into our API you’re able to access real-time alerts into your inbox, giving you information on critical changes in credit risk.
Alerts can be tailored to your needs; some users look at financial health levels whereas some are looking for specific changes in the business or signs of specific financial distress.
Using the Red Flag Alert data you’re able to automate much of your credit risk activities, saving time whilst improving decision making.
Getting detailed information early allows you to plan and structure the measures you’re putting in place to minimise risk.

The rating system works well for us; it allows us to target the right businesses. From a marketing perspective, it has helped us segment our market effectively and manage the huge amount of data in our system. Furthermore, working with Red Flag Alert has been easy, the team are very helpful, and the system works without problems. Barry Bridges, Senior Director at Santander