Repository: MSI 20000 [Market Standard Indicator – Index 20000]
Definition: International Standard for the Quality of the Financial Position of Economic Entities
Companies of all sizes, all sectors of activity combined, listed or unlisted and having at least 3 financial years approved by a legal auditor.
Companies in search of valuation, with a view to a fundraising or an IPO, for commercial and market considerations, the search for strategic partners, for the consolidation of relations with suppliers, investors, shareholders, creditors, etc. ….
An accredited certification body receives the demand from beneficiaries requesting for the evaluation to the MSI 20000 certification. The certifiers collect the data on behalf of the evaluators, who carry out the financial analysis on the basis of the accounting information, taken from the financial statements press releases.
The assessment is carried out using labeled FinTech tools, ensuring reliability and speed of execution. These tools follow a precise guideline, that of the specifications of the MSI 20000 repository. The specifications of the repository aim to measure the financial quality of any economic entity. Financial quality is mathematically measured by the fine and precise assessment of the financial strength and financial performance of beneficiaries undergoing the assessment exercise. The specifications of the MSI 20000 Standard carefully cover, by sector of activity and for each of the analysis themes, a battery of financial instruments and econometric models.
International certification bodies are authorized to issue MSI 20000 certification. These bodies are accredited on specific criteria, in particular the application of the ISO 17021 standard dedicated to certification bodies. This standard ensures the respect of key principles such as consistency, competence, impartiality and independence in the development of assessment missions. At the end of the said evaluations, strictly framed by the ISO 17021 standard, the certifier is able to rule on the conformity of the beneficiary evaluated against the MSI 20000 standard. In the event of revealed and justified conformity giving right to certification, the international regulations of system certifications, allows the issuance of a certificate of conformity valid for a period of 3 years subject to the obligation ofcontinuous compliance with the standard requirement. This compliance is validated by annual surveillance audits.
The interests of the MSI 20000 certification process are based on the business expertise that results from the assessment and on the certification in the event of representativeness of the MSI 20000 standard, making it possible, on the one hand, to concretely insert the beneficiary into a process of continuous improvement enabled thanks to the PDCA mechanism and on the other hand to benefit from a magnificent communicational tool, in terms of promotion and attractiveness.