MORE is the acronym for Multi Objective Rating Evaluation, which is a methodology, developed by modeFinance to evaluate the credit risk, enhancing the current models in default evaluation. MORE provides our customers with OBJECTIVITY, TRANSPARENCY and COMPLETENESS via credit rating reports.

Why objective? Because MORE states prospective and objective credit opinions that rely on the most important financial characteristics and gives an accurate picture of a company.

Why transparent?  Because the finance markets need a transparent rating evaluation in order to be able to take the right decision. MORE gives a transparent and direct link between the financial & economic fundamentals and the final rating evaluation.

Why complete? Because the markets have been becoming complicated day by day, the complete & objective analysis, crucial thinking, ideas, and the data provided by modeFinance will be an important part of the business world. modeFinance offers rating evaluations not only for big companies but for the SMEs as well.

WHY MORE METHODOLOGY?

modeFinance founders have observed during their experiences inside credit markets that the dependency on a complete database was a limitation in computing the default risk estimation, especially when it is the need to evaluate different companies in different countries; so that they wanted to eliminate this restraint and they wanted to increase the possibility of using qualitative information. In order to achieve this, they developed new numerical methodologies, drawing together with the financial theory, data mining and engineering design methodologies.

The heart of MORE is a multi dimensional and multi objective algorithm that produces a classification of each company, by taking into account any attributes which characterize the firm analyzed.