A Credit Score is an evaluation of the financial and economic quality of a company, assigned observing and studying its major risk factors. The Multi Objective Rating Evaluation (MORE) model assesses the level of economic-financial quality of a given company, using as reference the data included in the financial statements.

The core idea behind the MORE model is to thoroughly analyze a series of economic and financial indicators in order to assess the company's fundamentals and assign the most accurate possible Credit Score accordingly. The Multi Objective Rating Evaluation (MORE) model is essentially used to assess the level of distress of industrial companies by using data included in financial statements.

The Credit Score is calculated using a variety of innovative numerical methodologies, integrated with the most modern economic and financial theories, in order to give an assessment of the credit risk that is as coherent and transparent as possible.

The technologic core of the MORE model is a multi-dimensional and multi-objective algorithm that aggregates in a coherent way the various aspects (quantitative, qualitative, economic and financial) of the company in question.

Please note that the measure of creditworthiness included in modeFinance's s-peek is not a "credit rating" as defined in accordance with the EU Regulation N. 1060/2009.