Wikirating

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Wikirating
logo
legal form Association under Swiss law
founding 2011
founder Dorian Credé (founder), Erwan Salembier (co-founder)
Seat Zurich , Switzerland
motto The Transparent World Rating Organization
main emphasis Credit ratings
Action space Worldwide
Website www.wikirating.org

Wikirating is a free collaborative platform for credit ratings , which aims at transparent and as objective as possible country, company and financial product ratings. According to its own information, it is the first independent credit rating platform whose content is mainly composed of community contributions.

history

The development of the platform began in spring 2010 by the Austrian mathematician Dorian Credé and his colleague Erwan Salembier. On October 3rd, 2011 the platform, which like Wikipedia is based on the MediaWiki software, went online. By the end of 2011, around 2,100 users had contributed to the published ratings. In February 2012 Salembier left the project and in November 2012 the US rating company Public Sector Credit Solutions published its open-source model (Public Sector Credit Framework) on the Wikirating platform.

Rating Codes

Wikirating uses similar rating codes as traditional rating agencies , ranging from "AAA" (highest rating) to "D" (default for default).

Rating methods

The platform offers three rating methods.

Public Sector Credit Framework

Voting method

Registered users can determine the corresponding rating for each country or company according to their opinion. Each user only has one voice to make possible manipulation more difficult.

Sovereign Wikirating Index

The Sovereign Wikirating Index (SWI) is made up of a formula of various economic factors, which the developers of the method believe to influence the creditworthiness of the countries. As of October 2013, the SWI contains the following five criteria (with weightings):

The calculated value is adjusted by multiplying a "scaling factor", which is made up of the Human Development Index (HDI) (60% weighting) and the corruption perception index (40% weighting).

Calculations

Each criterion is calibrated using a respective relative minimum and a relative maximum of all countries . In addition, threshold values ​​are defined for all criteria in order to avoid distorted values. All calculated values ​​are carried out using a spreadsheet file.

Individual evidence

  1. ↑ Evaluate the world together . The New Zurich Times. February 21, 2012. Retrieved October 28, 2013.
  2. With the power of the crowd . Mirror online. January 23, 2012. Retrieved October 28, 2013.
  3. a b c d AAA pure idea . Financial Times Germany. January 2, 2012. Archived from the original on January 8, 2012. Retrieved January 4, 2012.
  4. Web community grabs rating power . Wiener Zeitung . December 29, 2011. Retrieved January 4, 2012.
  5. Notez les pays sur Wikirating . Le Matin . December 29, 2011. Retrieved January 4, 2012.
  6. ^ Wikirating: About - History . September 21, 2012. Retrieved September 21, 2013.
  7. Summary of the Public Sector Credit Framework (PSCF)
  8. PSCF on GitHub
  9. a b Crowdsourced Credit Rating Providers Join Forces . PR Newswire. December 27, 2012. Retrieved September 21, 2013.
  10. No AAA for Austria . The standard . January 3, 2012. Retrieved January 4, 2012.
  11. Human Development Report 2010 (PDF; 660 kB)
  12. Corruption Perceptions Index 2010 (PDF; 56 kB)
  13. See http://www.wikirating.org/wiki/Rating_Method_Sovereign_Wikirating_Index_(SWI)

Web links