The index has been developed to offer country-by-country analysis and profiling of Eurozone members’ propensity for sovereign debt default, claims the company.
Capco European CEO Peter Schurau said that the potential sovereign debt default remains one of the prominent concerns for the financial firms in the Eurozone.
"The Capco CEPIX Index will provide practitioners, analysts and commentators with insightful information around the challenging questions that underlie sovereign debt, as well as stimulating discussion about the current crisis," Schurau added.
For any nation belonging to Eurozone, CEPIX profiles the probability in percentage terms of sovereign debt default over the 12-month time period, working within an upper limit of 95%, from a base of 0%.
In addition to cross-country analysis, historical data is averaged and presented in an interactive graph that enables the end-user to evaluate the possibility of default over time.
Capco assists its clients with tools to enable them to increase revenue, better manage risk and regulatory change, reduce costs and enhance control.
