The same underlying rating, read three ways. The buyer carries the risk and pays; the insurer recognises the evidence; the OEM embeds the standard. Pick the seat you sit in.
The party that owns or operates the asset carries the risk — and pays for the evidence. Grade the book, price the exposure, defend the number.
See where risk concentrates before it shows up in a covenant breach.
Degradation and residual value, grounded in a validated model — not a spreadsheet assumption.
Month-over-month A–F movement across the whole book, per asset and in aggregate.
The evidence has one budget line — the party that owns the risk. Insurers and OEMs make it worth more; they don’t replace the buyer. Keeping that straight is what keeps the pitch honest.
Owns the asset, owns the risk — so it carries the budget line for the evidence. This is the party we sell to.
Reads evidence a risk committee can act on. Better terms are a possible outcome — never sold raw data, never a fabricated loss number.
Distributes the rating as a white-label surface. One code, many partners — the standard travels through the channel.
We sell the evidence to the party that carries the risk. Insurers recognise it; OEMs distribute it. Every figure shown is decision-support on synthetic references — not a market price (DR-236).
We’ll scope the rating, replay or evidence-readiness pilot around the decision you actually need to defend — not around a feature list.