Product News


Reorg and FinDox to Combine to Offer Best-In-Class Solutions for the Credit Markets
Wed Nov 9, 2022 4:56 pm Product News

NEW YORK, Nov. 9, 2022 /PRNewswire/ — Reorg, a global provider of financial and legal intelligence and data, announced today that it has agreed to acquire FinDox, a leading document, compliance and data management provider.

“As part of our global growth strategy across a variety of credit verticals, Reorg continues to invest in solutions to better serve our customer base. We’re excited to bring the FinDox team into Reorg to enhance our overall data and workflow solutions for leveraged finance and private market investors in the Americas and Europe,” said Kent Collier, founder and CEO of Reorg. “Adding FinDox’s data management capability together with its compliance management tools and ESMA reporting will further enhance Reorg’s portfolio of data, analysis and workflow tools.”

Read the full release here: https://www.prnewswire.com/news-releases/reorg-and-findox-to-combine-to-offer-best-in-class-solutions-for-the-credit-markets-301673003.html?tc=eml_cleartime

Share this post:

According to nearly 70 percent of leading academic economists polled by the Financial Times, the U.S. economy will tip into a recession next year. With the distressed debt warning climbing, restructuring and leveraged finance professionals should be aware of Reorg’s Restructuring Risk Index (RRRI) and how it can serve their business strategies.

The RRRI is a proprietary numerical indicator that reflects the probability of any U.S. public company filing for bankruptcy. Leveraging Machine Learning (ML) and Natural Language Processing (NLP), the RRRI classifies and extracts data from publicly available documents and press releases to identify patterns and provide a scoring mechanism to predict bankruptcy. The model is trained off of Reorg’s unique historical database of in- and out-of-court restructuring events and all public disclosures leading up to those restructuring events.

Available exclusively through Credit Cloud. Learn more.

Share this post:
Thank you for signing up
for Reorg on the Record!