What our Scorecards are – and what our Scorecards are not
It is important that professional advisers using our Scorecards understand what they are – and what they are not.
We developed our Scorecards for internal purposes, as part of our process of considering and selecting issuers and counterparties. We publish our Scorecards as part of our approach to providing transparency – and to support professional advisers in their research and due diligence responsibilities:
- WHAT THEY ARE: The primary purpose of our scorecards is to compile multiple factors that potentially indicate financial strength / credit risk, with a scoring system that provokes and supports more detailed analysis, assessment, comparison, consideration and understanding of prospective issuers and counterparties.
- WHAT THEY ARE NOT: Our scoring system ranks the issuers and counterparties, but professional advisers should understand that this is NOT their intended purpose. The purpose of our Scorecards, including the rankings, and multiple data points, at an amalgamated, category or factor level, is to provoke and support analysis, assessment and comparison of the factor data, to aid more objective consideration and understanding of relative issuer / counterparty financial strength / credit risk.
It is important that professional advisers understand that our Scorecards are not independent research. We do not provide any warranty regarding the data, methodology, scores or rankings: and we expressly exclude any liability for any judgement or interpretation based upon or influenced by our Scorecards. Professional advisers should reach their own judgement of issuer / counterparty financial strength / credit risk.