SOURCE: CreditPointe, Inc.

January 02, 2008 13:11 ET

CreditPointe Announces the Launch of Its Online Portal, CP Online, for Institutional Subscribers and the Availability of Robust Fundamental Financial Models

Includes the Availability of Fundamental Financial Models for Institutional Subscribers With Initial Coverage of the US Retail Sector

WESTWOOD, MA--(Marketwire - January 2, 2008) - CreditPointe, Inc. announced today the launch of its online portal for institutional subscribers and the availability of its fundamental financial models. The CP models are robust, comprehensive, working financial models and allow subscribers to easily manipulate assumptions and drivers to their liking. The company announced that its portal, at the time of launch, has complete coverage of the US Retail Sector comprising companies listed in U.S. securities exchanges and filing with the U.S. Securities and Exchange Commission.

"CP Online will provide comprehensive, flexible and working financial models at an unparalleled level of granularity on all public companies around the world to facilitate in-depth analysis of the company from an investment and credit risk perspective. Given our technology leverage, we are able to address the endemic issues of data quality, depth and timeliness effectively, the idea is to allow the analyst to focus on truly analyzing the company's fundamentals and provide a framework that can allow the analyst to easily and rapidly reflect their insight," commented Dr. Venkat Srinivasan, the company's CEO.

CreditPointe's mission is to provide Capital markets, Corporations and Financial Institutions around the world with best-in-class fundamental financial models, credit risk ratings and associated products and services. In addition to its own format, CreditPointe also provides 'models on demand' using analyst-specific templates and requirements in most cases within 12-24 hours at a significantly lower cost than current practice. The company leverages a unique set of knowledge-based technologies and the deep domain expertise of its founding team to provide its products and services in a timely and cost-effective manner to its clients.

"The CP Portal is a model warehouse with models being updated within hours of earnings releases or other material corporate actions. Using our unique knowledge-based technology platform, we have created a scalable model factory which, along with our experienced analyst teams, allows us to offer detailed models in a timely fashion on a large number of companies. Our models are bottoms up models reflecting each industry's unique characteristics, including operating and segment data. We focus intensely and uncompromisingly on data quality," said Aashish Mehta, VP of Operations.

About CreditPointe, Inc.

CreditPointe, Inc. is a private company specializing in providing analytical products and services on global public companies for investment analysis and credit risk assessment. An experienced team of industry veterans led by Dr. Venkat Srinivasan launched CreditPointe, Inc. to address the growing need to provide capital market participants, corporations and financial institutions with timely, cost-effective coverage of companies around the globe. CreditPointe is a subsidiary of Rage Holdings, LLC, a business incubator focused on incubating capital efficient, process-aware businesses. To learn more about CreditPointe, visit www.creditpointe.com.

Contact Information

  • Media Inquiries:
    John LaRocca
    CreditPointe, Inc.
    480-239-7375

    General Inquiries:
    Jim DeWaele
    CreditPointe, Inc.
    781-493-6923