How Economic Insights Can Help In Making Business Decisions
Do you lack global economic knowledge to invest confidently? Are you struggling to understand how country and sectors contexts can affect your business? Before you decide to do business internationally, it is important for you to incorporate country-specific risks into your decision. This is where Coface's risk management platform, ICON can prove useful as it helps you to assess credit risk across borders. ICON, a new business intelligence platform developed by Coface, is designed to help businesses assess debtors' and suppliers' financial situations. With our diligent and experienced team of economists and risk underwriters, we provide accurate market risk assessments to help businesses make better-informed decisions. In order to understand the emerging market risks, you need access to unique insights into the economy of today.
Economic Insights provided by ICON gives you all the key information you need to grasp the subtleties of today’s economy. Economic insights are an excellent way for evaluating the country's risk level. It provides a rating score or letter grade indicating an overall country risk level. Therefore, when you are ready to explore international investments, you can conduct country risk analyses via qualitative and quantitative assessments, or a combination of both. Economic insights can scan economies for investment opportunities.
ADVANTAGES OF USING ECONOMIC INSIGHTS
1. Get Unique Insights - Coface's Economic Research team assesses 160 countries across the world, and analyses the activity of 13 sectors in 24 countries across 6 regions. We analyze macro-economic and sector data such as:
- GDP / global trade indicators
- Labor markets / political and social indicators
- Industry-specific data
- We also include Coface proprietary data derived from our Trade Credit insurance activity.
With the help of these unique economic data, you can analyze a country’s risk for international business and protect your business against credit risk in international trade. Coface’s economic insights can therefore help you in making informed decisions about extending credit to new clients or increasing credit to existing clients.
2. Exclusive Access To Expertise – We analyze data and insights with ground expert knowledge in each region and sector. Coface’s global information network ensures that you are always working with the most reliable and up-to-date data so you can make the right business decisions, at the most relevant time.
3. Save Time And Money - Save time and money on country and sectors research. Stay current with quarterly updates and historical assessments. With economic Insights, you can carefully assess credit risks. Understand the international landscape in the country where you want to do business and make informed decisions on strategic investments.
WHY CHOOSE COFACE?
Coface has decades of experience around the globe. Our advantages include:
- Extensive and up-to-date business information, including exclusive insights sourced from our internal claims records.
- Straightforward intelligence that is ready to use and easy to read.
- Multiple service options, so you can find the solution that fits your needs.