We’re excited to announce a powerful new enhancement to the Vertical IQ platform: AbsolutePD® (Probability of Default) data by industry, delivered through a new collaboration with Equifax.
This integration brings additional insight into the credit risk of industries, helping lenders, credit analysts, and advisors make smarter, data-driven decisions based not just on individual businesses performance, but also on the financial health of the industries they operate in.
This Vertical IQ enhancement is a true game-changer for credit professionals. AbsolutePD from Equifax provides credit teams with a reliable, unbiased assessment of default probability by incorporating industry-specific data and multiple factors that influence a business’s ability to repay debt.
What’s new: Industry-level default risk data
With this latest product enhancement, Vertical IQ users can now:
- Understand inherent credit risk by industry
Access AbsolutePD data for entire industries, built on key financial, repayment, and behavioral risk factors. - Track 10-year historical trends
Visualize how default trends have shifted over the last decade, whether improving or worsening, within each industry. - Benchmark industries against the national average
Compare each industry’s potential default risk against broader market trends for more informed, relative risk analysis. - Improve lending and advisory strategy
Equip teams with actionable insights to enhance loan decisioning, portfolio management, and small business advising.
Why it matters
This enhancement helps answer some of the most pressing questions for credit professionals:
- Are companies in this industry trending toward higher or lower risk?
- How does this industry’s risk profile compare to the overall market?
- Are we potentially overexposed to high-risk sectors?
With this information, our users can better assess industry creditworthiness, align risk tolerance with strategy, and ultimately make more confident, informed decisions. It’s about giving credit teams the industry context they’ve been missing … until now.
Available now on Vertical IQ
The new AbsolutePD industry data from Equifax is now available to Vertical IQ customers. Contact your Vertical IQ Customer Success Representative to activate this new feature.
Want to see how industry risk insights can improve your decision-making? Learn more about Vertical IQ.
Image: Vitaly Gariev, Unsplash