White Papers | Credit Research Initiative | CRI | National University of Singapore

Please click on the following white papers to have a non-technical explanation of the CRI data solutions.

PD & AS Fundamentals and Extensions

Probability of Default (PD)
Actuarial Spread (AS)
Probability of Default implied Rating (PDiR2.0)
Early version: PDiR (old)

System level analysis

Corporate Vulnerability Index (CVI)
CRI Systemically Important Financial Institution (CriSIFI)
Earlier version: 2018
Bottom-up Default Analysis (BuDA)
Earlier versions: 2022b 2022a 2019 2018
Default Correlations (DC)

Private/MSME Credit Analysis

TRACE: An Interpretable, High-Performance MSME Credit Risk Assessment Framework

For technical explanation of CRI's solutions

Technical Documents