Today the 22nd, March 2011, Il Sole 24 Ore published a remarkable article (link) regarding modeFinance (link) and how the products of modeFinance could be useful for worldwide credit risk analysis.
As it is possible to read in the article, the modeFinance financial analysts have studied the evolution of the financial performances for more than 3 million companies all around the world during the triennial 2007-2009, with the purpose of understanding the effects of the financial crisis in the companies’ behavior.
Thanks to the modeFinance’s own financial risk analysis methodology MORE (link), the analysts of modeFinance recognized that the financial crisis has mainly affected the SMEs in comparison with the companies having the turnover greater than 50 million Euros.
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