Ratings
Rating Process
A clear step-by-step presentation of the WASO rating workflow from client request to surveillance.
Rating Process
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WASO Rating Process
Client
Rating request to WASO
Initiation of Confidentiality Clause
Mandate of Authorized Persons
Interaction with Rating Team, respond to queries, provide information and support analysis
Ensuring the facts and figures in the draft report and also for rating analysis
WASO
Acceptance of Mandate
MoU with client including confidentiality agreement
Analyst Team Formation
Team interacts with client, collects and collates information, undertakes site visit and others
Analysis of information, preparation of draft and submission to Internal Review Committee (IRC)
Review by IRC and collection of additional information, if necessary
Issue of draft report without rating to client and finalization of the draft report
No
Accepts
Rating?
Rating?
Yes
Placing to Rating Committee with the accepted draft, detailed analysis and comments from clients
Rating Committee awards rating / Rating Release to client with rationale
Press Release, Publish in the WASO website
Issue of Rating Report with Rating Rationale
Rating Kept under periodic Surveillance
Operational Independence
Business Team
Operation Team
Compliance Team
Operation Team