Underlying Financial Data - Overview
To satisfy regulatory or compliance requirements, Clients sometimes need to access the detailed Underlying Financial Data that their suppliers gave RapidRatings. The Download Underlying Financial Data feature gives Client's access to this data. This is a specialised rather than default feature so Clients should discuss with their Client Success Manager or Client Support if they are interested in learning more.
When RapidRatings have issued the supplier’s Financial Health Rating (FHR) Clients can then access the Underlying Financial Data from the supplier’s company profile page.
Download Underlying Financial Data
- Use the FHR Search tool to find a rated company.
- Select the company from the list to go to their profile page.
- On the profile page scroll down to Submission Files in Financial Data.
- Click on the Download Files icon.
- A copy of the supplier’s Underlying Financial Data will be downloaded to your device.
IMPORTANT: Although we analyse all the information in these files, this feature may exclude some files deemed irrelevant when generating the FHR.
Why Source Financial Data May Not be Available
Scenario 1: Supplier has selected Limited Disclosure
Some suppliers choose to supply a Limited Disclosure of their financial data. In this case the Client will not be able to access the Underlying Financial Data of that supplier and a notification will be displayed.
Scenario 2: Supplier has requested deletion of their financial files.
Where a supplier requests that RapidRatings delete its Underlying Financial Data after it has been rated the files will not be available for downloading and a notification will be displayed.