IEF2019 Business Pitch

1. s e c u r i n g e a s e o f m i n d
Infocredit Group Business Pitch
IEF 2019
A p r i l 2 0 1 9

2. Agenda
Company Profile
Strategic Partners
Achievements & Compliance
Clients
Infocredit Group Services
Business Pitch

3. Company Profile
Infocredit Group is one of the leading international providers of information specialising in risk management,
compliance and corporate governance.
 Established in 1972 as MECOS LTD (Middle East Commercial Services)
 Became Infocredit Group Ltd in 2007
 Number of Employees: 60
 Offices: Cyprus, U.A.E. , Branches: Malta, Greece, Romania
Memberships

4. Strategic Partners
Leading provider of data, advanced
analytics & technology solutions which
holds one of the largest databases
offering KYC and risk management
services worldwide.
The largest provider of online solutions
for compliance trainings and risk
management solutions.
Offers tailored solutions for
automated ID documents
authentication.
A provider of specialised solutions for
analysis of financial and other business
information worldwide.
An independent corporate body
representing the Cypriot business
community and functioning under
special law.
The Institute of Chartered Secretaries
and Administrators (ICSA) is the
professional qualifying body required by
Royal Charter to lead effective
governance.

5.  Inc. magazine ranked Infocredit Group Ltd No. 4931 on the 2018 Inc. 5000 List of fastest growing private companies in
Europe
 Received an IN Business Award 2016 in the category of Small and Medium-Sized Enterprises (SME)
 Certified with:
 ISO/IEC 27001:2013 for Information Security Management Systems
 ISO 9001:2015 for Quality Management Systems
 ISO 22301:2012 for Business Continuity Management Systems
 PCI DSS by VISA Europe
 Member of UN Global Compact and follows the network’s fundamental guidelines with respect to Human Rights, Labour,
Environment and Anti-Corruption
Achievements & Compliance

6. Clients
Municipalities and Other Government Organisations
Commercial Banks/Financial Institutions
Insurance Companies Law Firms

7. Clients
Telecoms Forex Companies
Trading Companies
Audit Firms

8. Infocredit Group Services
Professional
Training
Credit Risk
Solutions
Regulatory
Compliance
Debt Recovery
& Call Centre
Corporate
Governance
Consulting

9. The creation of a sound
credit rating model for Cypriot
companies
Business Pitch
Goal
The creation of a sound
credit rating model for Cypriot companies

10. Infocredit Group online credit scoring model characteristics
 allows you to assess the transactional behaviour of prospective business associates and evaluate their ability to honour
their financial obligations
 performs a credit risk analysis which reflects the historical transactional behaviour of companies based on existing
detrimental information listed in the Infocredit Group databases
 is presented as a rating scale of 1-10 (1=low risk and 10=high risk), based on credit quality
 takes into account the following:
 Industry benchmarking
 Evaluation of related entities
 Structural and financial data
 Trade references/reputation assessment
Business Pitch
Current online scoring model

11.  Unavailability of financial data – There is a big delay in the submission of financial accounts by Cypriot companies to the
Department of the Registrar of Companies and Official Receiver.
Business Pitch
Challenges faced
Out of the 3878 companies that had submitted
accounts, only 1214 companies submitted accounts
for the years 2016 onwards
Note: The above statistics were taken from periodic checks done by Infocredit Group in the past 2 years.
Out of the 5543 companies investigated in the official
archive only 3878 had ever submitted financial
statements

12. Business Pitch
Infocredit Group data
Number of financial statements in Infocredit Group database

13. Business Pitch
Conclusion
We seek the help of the research community of the University of Cyprus in order to analyse the
current data we have and analyse other European countries’ data that the University may have
access to in order to come up with an updated credit rating model for Cypriot companies.

14. Thank you
Headquarters: Philippou Hadjigeorgiou 5A, Acropolis
Nicosia 2006, CYPRUS
Middle East Regional Office: 104 Jumeirah Bay Tower X3
Cluster X, JLT-PH2-X3A
Jumeirah Lakes Towers, Dubai, UAE
Tel: (+357) 22 398000
Fax: (+357) 22 458937
Email: enquiries@infocreditgroup.com
Visit: www.infocreditgroup.com
www.infocreditworld.com Find us on:
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