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Early indicators of Thomas Cook's bankruptcy | Starmine financial modelling | A Data Moment

178-year-old British travel company Thomas Cook failed on Sept. 23, 2019 affecting 1000s of travellers and resulting in the largest peacetime repatriation in the nation’s history. But there were early warning signs. Financial modelling using #StarMine by #Refinitiv revealed high indications of default and bankruptcy risk up to 12 months prior to traditional ratings agencies. Combining multi-model credit risk analysis with alpha-generating stock selection modelling, StarMine is your investment research edge.

Read the complete StarMine perspective on Thomas Cook: https://lipperalpha.refinitiv.com/2019/10/thomas-cook-a-starmine-perspective/

For more investment insight and StarMine analysis visit Lipper Alpha Insight. http://lipperalpha.refinitiv.com/

Discover your investment research edge with StarMine: https://www.refinitiv.com/en/products/starmine-financial-modelling.

For new insights on artificial intelligence (AI), digitalization, big data, risk management, compliance, fighting financial crime and the future of trading and investing, visit our insights hub - http://refinitiv.com/perspectives.

Refinitiv is one of the world’s largest providers of financial markets data and infrastructure, serving over 40,000 institutions in approximately 190 countries. It provides leading data and insights, trading platforms, and open data and technology platforms that connect a thriving global financial markets community – driving performance in trading, investment, wealth management, regulatory compliance, market data management, enterprise risk and fighting financial crime. https://www.refinitiv.com

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