Scope Advisory GmbH. says it has developed a new approach for rating the soundness of life settlement funding companies and life settlement brokers.[@@]
Scope, Berlin, says it now uses a 3-part process to assess fiduciary risk.
Analysts at the firm will look at the business strategy, performance and other characteristics of a company under review; the company’s managers and management processes; and the company’s monitoring processes, due diligence processes and other processes for controlling fiduciary risk.