NEW YORK--(BUSINESS WIRE)--RapidRatings, the leader in financial health analytics, today announced that Brad Saegesser has joined the company’s growing credit and portfolio management solutions team as Senior Account Executive, focusing on financial institutions and captive finance organizations globally.
Brad brings 25 years of experience helping organizations to maximize their value and return on investment from software solutions. Most recently, he was senior manager in the Financial Services Performance Consulting Team at Crowe Horwath, LLP where he worked with financial institutions to implement credit portfolio risk management solutions for Dodd Frank Act Stress Testing (DFAST) and Current Expected Credit Loss (CECL). Previous roles include enterprise credit risk specialist at Moody’s Analytics, and director of product management and strategy at DiCom Software.
“In today’s credit environment, banks need consistent, efficient, and transparent tools to not only help them underwrite loans to both public and private companies, but to also monitor and visualize the changing credit profile of their portfolio,” said Brad Saegesser. “By leveraging a company’s financial statements, the RapidRatings’ FHR® provides proven and highly accurate short and long-term probabilities of default that enable credit professionals to extend and price credit in any industry or any country on a common basis.”
“Combining industry knowledge, process expertise, and innovative technology, Brad has helped large and mid-sized commercial banks to implement credit portfolio management solutions, particularly as it relates to meeting regulatory demands,” said Lawrence Costello, Managing Director. “As a former colleague, I have witnessed Brad’s unique ability to simplify the complex. We are delighted to welcome Brad and look forward to leveraging his leadership and expertise to drive better business outcomes for our clients.”
About RapidRatings
RapidRatings® is transforming the way the world’s leading companies manage enterprise and financial risk. RapidRatings provides the most sophisticated analysis of the financial health of public and private companies in the world. The company’s analytics system provides predictive insights into third-party partners, suppliers, vendors, customers and securities issuers. Every business conversation becomes more productive, transparent and efficient with the RapidRatings’ Financial Health System. For more information, visit www.rapidratings.com.
