Imagine a future where unforeseen risks are identified before they disrupt your financial stability. The Rubix Early Warning System empowers businesses to do just that; it acts as a vigilant guardian in the VUCA business environment.
The Critical Need for Early Detection
In a Deloitte survey, 38% of financial institutions cited limited post-disbursement asset monitoring as the biggest reason for stressed assets. This underscores the importance of proactive risk management solutions like Early Warning Systems (EWS) for businesses of all sizes.
Real-World Success Story: A Global Media Leader
Challenge: A world leader in media investment, specialising in intelligent and imaginative media activation services, data science, etc., faced a challenge complying with a global mandate for strict due diligence on every new vendor.
- It found it difficult to assess the risk of incoming vendors due to a lack of information.
- Monitoring risk for each vendor was a cumbersome task.
- Internal policies required early detection and mitigation of risk on high-risk vendors but lack of information prevented effective risk management.
Solution:
Rubix implemented its Early Warning System (EWS) platform for this company with the following approach:
- Leveraged over 120 structured and unstructured data sources combined with proprietary credit-risk scoring models
- Monitored risk for dynamic factors, providing EWS reports every quarter
- Enabled immediate and strict action on vendors showing signs of defaults or delays
- Vendors were blocked until compliance was regularised
- Assessed risk across regions, business segments, and legal constitution of all 720+ counterparties using the Rubix ARMS™ Platform
Outcome:
- The company’s risk assessment process transformed from ad-hoc to a systematic, quarterly monitoring system for its 720+ counterparties.
- Rubix EWS provides early warnings, allowing for proactive risk mitigation strategies.
The Rubix EWS Advantage: Proactive Risk Monitoring
Clearly, Rubix EWS empowers businesses with the following advantages:
- Proactive Credit Risk Management, wherein you can make informed decisions with real-time credit risk assessments of your counterparties to avoid unexpected defaults and safeguard your financial health.
- Anticipate potential disruptions from suppliers before they impact your operations and build a resilient and agile supply chain.
- Identify potential compliance challenges, allowing you to address them proactively and ensure regulatory adherence.
Don’t wait for a crisis to strike. Take charge of your financial future with the Rubix Early Warning System.
Contact us today and learn how Rubix can empower your business with proactive risk management solutions!
📧 info@rubixds.com 📞+91 22 4974 4274