Partnership signed between The Data Appeal Company and modefinance | Almawave
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Business handshake in the city

22 December 2022

Partnership signed between The Data Appeal Company and modefinance

New partnership signed between The Data Appeal Company – an Almawave Group company active in the development of vertical AI analytics solutions and a leader in tourism, fintech and location intelligence – and modefinance – a fintech company specializing in corporate credit risk assessment and Rating Agency (CRA and ECAI), part of the TeamSystem Group – which through the collaboration integrates alternative data into its analysis processes.
The data provided by the Almawave Group company adds to the sources of modefinance’s proprietary rating as a service platform.
Innovation is being brought into the system to improve and optimize analysis processes: placing traditional information alongside alternative data allows for a timely and up-to-date snapshot of the realities being assessed.
Mattia Ciprian, CEO of modefinance, comments, “This collaboration is highly significant for us because it further refines our analysis processes. Indeed, the combination of traditional and alternative digital data collection and analysis is a crucial element for a truly real snapshot of individual realities, an indispensable element for a proper credit risk assessment. The Data Appeal Company’s coverage is not limited to domestic borders, a functional element also for modefinance international activities in the UAE.”
Mirko Lalli, CEO & founder of The Data Appeal Company and Chief Group Digital Strategy Officer of Almawave, emphasizes, “This agreement allows us to get even closer to the Banking&Finance world, providing relevant data for the development of increasingly innovative and up-to-date solutions. Through a strategic partner like modefinance, in fact, we will make available a very rich dataset of information related to Italian and foreign SMEs, from a territorial and reputational point of view.”

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