Trade Credit Re announces the set up of a barometer to anticipate the risk of non-payment in Europe. June 2005

Trade Credit Re, as a specialist in the risk of non-payment in B2B trade, is setting up, in partnership with ITC Research, a company specialising in international B2B studies, a totally original financial observatory in Europe.

Whilst most traditional indicators of payment default base themselves on retrospective elements, TCRe is setting out to base itself on its own prospective risk analysis techniques. The study of the evolution of the portfolio profile of debtors will be combined with a qualitative study, carried out at regular intervals with the collaboration of a number of companies active in B2B trade.

This original combination will constitute an innovative tool for financial and credit managers, a precious aid to steer their credit risk management policy.