This is a quick orientation to Vela. Each module also includes inline guidance explaining every input in plain English before the technical detail.
Getting started
- Create your organisation on sign-up, then create a project for the entity and year you're analysing.
- Pick a module from the launcher and follow the guided inputs. You can upload a financial statement (Excel, CSV or PDF) to pre-fill figures where supported.
- Finalise the analysis, then export the Excel working papers and the Word report.
The modules
Guarantee-Fee Expected Loss
Enter the financing amount and term, the borrower's rating (or derive one from the Credit Rating module) and seniority. Vela computes expected loss (PD × LGD) and remunerates the capital at risk with a CAPM cost of capital.
IRB Intercompany Loan Pricing
Enter the loan terms and borrower profile. Vela builds the arm's-length rate from a risk-free base plus credit, liquidity, optionality and seniority components, and checks debt capacity against sector thresholds.
Credit Rating Scorecard
Choose the sector, enter the financial ratios and assess each qualitative factor. Vela returns a 0–100 Vela Credit Score and a rating equivalent. Qualitative factors are required — the score is provisional until all are assessed.
Yield / CUP Analysis
Benchmark against market yields. If you don't know the borrower's rating, use the guided path to estimate one first.
Exports
Every module produces an audit-grade Excel workbook (live formulas, source tables, methodology) and a Word report with a plain-English teaching layer followed by the full technical detail.