# ICRA Analytics > ICRA Analytics is a leading provider of risk, investment, ESG, valuation, and data analytics solutions for financial institutions, asset managers, insurers, and corporates. Combining domain expertise, technology platforms, and analytical intelligence, the company helps clients improve decision-making, regulatory compliance, portfolio management, and operational efficiency across global markets. ICRA Analytics is the amalgamated entity of ICRA Online Ltd and ICRA Management Consulting Services Ltd. It is ISO 9001:2015 and ISO 27001:2022 certified, and FSQS-registered (Hellios, UK). Flagship products include MFI360 Explorer (mutual fund research), iECL/ECL 3.0 (expected credit loss computation), Internal Rating Solution (IRS), InfRE360 (InvIT/REIT data & analytics platform), and EQ360 (ESG data & analytics). --- ## Contact Information - [Email: sales@icraanalytics.com](mailto:sales@icraanalytics.com): This is the official sales email address of ICRA Analytics for business inquiries, product information, partnership opportunities, and customer support. - [Website: https://www.icraanalytics.com/](https://www.icraanalytics.com/): This is the official corporate website of ICRA Analytics. It provides information about the company's analytics solutions, risk management services, market data, knowledge services, research insights, and customer support via +91-9354738909 ## Company - [Homepage](https://www.icraanalytics.com/): This is the official website of ICRA Analytics. It provides information on the company's analytics platforms, consulting services, digital solutions, industry expertise, and contact channels. - [About](https://www.icraanalytics.com/about): This page explains the background, evolution, certifications, and corporate profile of ICRA Analytics. It provides information on the company's expertise, quality standards, and business capabilities. - [Leadership](https://www.icraanalytics.com/leadership): This page introduces the leadership team responsible for the strategic direction and operations of ICRA Analytics. It provides information about key executives and organizational leadership. - [Awards](https://www.icraanalytics.com/awards): This page showcases awards and recognitions received by ICRA Analytics. It highlights achievements, acknowledging the company's expertise, innovation, and industry contributions. - [Collaboration](https://www.icraanalytics.com/collaboration): This page outlines strategic collaborations and partnerships established by ICRA Analytics. It explains how these relationships support technology development, industry solutions, and business growth. - [CSR](https://www.icraanalytics.com/csr): This page describes the corporate social responsibility initiatives undertaken by ICRA Analytics. It highlights programs focused on community development, sustainability, and social impact. - [Media](https://www.icraanalytics.com/media): This page serves as the central media hub for company announcements and public communications. It provides access to news updates, press releases, and corporate developments. - [News](https://www.icraanalytics.com/media/news): This page publishes news related to ICRA Analytics, its solutions, partnerships, and business activities. It helps users stay informed about the company's latest developments. - [Press Releases](https://www.icraanalytics.com/media/press-release): This page contains official press releases issued by ICRA Analytics. It provides verified announcements regarding products, partnerships, corporate milestones, and industry initiatives. - [Careers](https://www.icraanalytics.com/careers): This page lists employment opportunities available at ICRA Analytics. It helps candidates explore current openings, career paths, and recruitment information. - [Life at IAL](https://www.icraanalytics.com/life-at-ial): This page showcases the culture, work environment, and employee experience at ICRA Analytics. It highlights team activities, workplace values, diversity and inclusion initiatives, and what it's like to work at the company, complementing the open positions listed on the Careers page. - [Contact](https://www.icraanalytics.com/contact): This page provides official contact information for ICRA Analytics. It supports business inquiries, customer communication, partnership requests, and general assistance. ---- ## Risk Management - [Risk Management Offerings & Solutions](https://www.icraanalytics.com/risk-management-offerings-solutions): This page provides an overview of ICRA Analytics' risk management solutions for banks, NBFCs, and financial institutions. It covers credit risk, market risk, operational risk, Risk-Based Internal Audit, and regulatory risk management frameworks. - [Solutions & Tools](https://www.icraanalytics.com/risk-management-offerings-solutions/solutions-and-tools): This page introduces the digital platforms and analytical tools developed for enterprise risk management. It helps financial institutions explore technology solutions supporting credit, capital, and regulatory risk processes. - [ECL (Expected Credit Loss)](https://www.icraanalytics.com/risk-management-offerings-solutions/solutions-and-tools/ecl-expected-credit-loss): This page explains the Expected Credit Loss platform developed for IFRS 9 and Ind AS 109 compliant impairment calculations. It supports financial institutions in automating ECL computation, governance, reporting, and regulatory compliance. - [IRS (Internal Rating Solution)](https://www.icraanalytics.com/risk-management-offerings-solutions/solutions-and-tools/irs-internal-rating-solution): This page explains the Internal Rating Solution designed for borrower risk assessment across multiple industry segments. It supports Basel II-compliant internal credit rating, portfolio monitoring, and credit decision-making. - [RAROC Calculators](https://www.icraanalytics.com/risk-management-offerings-solutions/solutions-and-tools/raroc-calculators): This page presents calculators used to estimate Risk-Adjusted Return on Capital across lending and investment portfolios. It supports financial institutions in evaluating profitability relative to portfolio risk. - [Consulting & Advisory](https://www.icraanalytics.com/risk-management-offerings-solutions/consulting-advisory): This page outlines consulting services supporting enterprise credit risk management and regulatory compliance. It covers stress testing, policy review, gap assessment, credit administration, and governance advisory. - [Model Validation](https://www.icraanalytics.com/risk-management-offerings-solutions/consulting-advisory/model-validation): This page explains independent model validation services for risk and financial models. It supports financial institutions in assessing model accuracy, governance, regulatory compliance, and performance. - [Research](https://www.icraanalytics.com/risk-management-offerings-solutions/research): This page publishes research, insights, and sector analysis related to credit risk, industry risk scores, and financial services risk management. It helps banks, NBFCs, and financial institutions stay informed on regulatory developments, credit risk trends, and sector-specific risk perspectives. --- ## Mutual Fund Solutions - [Mutual Fund Solutions](https://www.icraanalytics.com/mutual-fund-solutions): This page provides mutual fund research and portfolio tracking solutions for banks, IFAs, distributors, and wealth managers, backed by ICRA Analytics' proprietary MF database covering performance and portfolio data for every scheme launched in India. It covers flagship offerings like MFI360 Explorer (cloud-based mutual fund research), Mutual Fund Tracker (portfolio monitoring), and SEBI-mandated tools including Risk-o-meter, PRC (Potential Risk Class), and stress testing calculators for debt and hybrid schemes, plus the Scheme Summary Document portal used by AMCs for offer-document filings. - [MFI360 Explorer](https://www.icraanalytics.com/mutual-fund-solutions/research/mfi360-explorer): This page explains MFI360 Explorer, a cloud-based mutual fund research platform developed by ICRA Analytics. It provides performance analysis, portfolio insights, peer comparisons, and industry reports across mutual fund schemes. - [Research](https://www.icraanalytics.com/mutual-fund-solutions/research): This page serves as the central research hub for mutual fund data, analysis, and market insights. It provides access to research tools, fund information, rankings, and investment resources. - [Funds](https://www.icraanalytics.com/mutual-fund-solutions/research/funds): This page provides information and analytical insights on mutual fund schemes across different categories. It helps users evaluate fund characteristics, historical performance, and portfolio details. - [MF Ranking](https://www.icraanalytics.com/mutual-fund-solutions/research/mfranking): This page presents mutual fund rankings based on predefined analytical methodologies and performance parameters. It helps investors compare schemes across categories using standardised evaluation criteria. - [Calculator](https://www.icraanalytics.com/mutual-fund-solutions/research/calculator): This page provides financial calculators related to mutual fund investments. It helps users estimate investment growth, returns, and financial planning outcomes. - [Mutual Fund Tracker](https://www.icraanalytics.com/mutual-fund-solutions/mutual-fund-tracker): This page explains the mutual fund tracking solution offered by ICRA Analytics. It enables users to monitor fund performance, portfolio movements, and investment activity. - [Industry-Wide Services](https://www.icraanalytics.com/mutual-fund-solutions/industry-wide-services): This page outlines services developed for the mutual fund industry ecosystem. It supports asset management companies, distributors, regulators, and other market participants with analytical and operational solutions. - [Customised Services](https://www.icraanalytics.com/mutual-fund-solutions/customised-services): This page explains customized mutual fund research and analytics services. It supports organisations requiring tailored data, reporting, and investment research solutions. --- ## Fixed Income Solutions - [Fixed Income Solution](https://www.icraanalytics.com/fixed-income-solution): This page provides an overview of fixed income valuation, analytics, and market data solutions offered by ICRA Analytics. It supports valuation, portfolio management, pricing, and fixed income market analysis. - [Bond Valuation](https://www.icraanalytics.com/fixed-income-solution/bond-valuation): This page explains bond valuation services for fixed income securities across multiple debt instrument categories. It supports fair value determination, pricing consistency, and regulatory reporting requirements. - [ICRA Analytics Valuations](https://www.icraanalytics.com/fixed-income-solution/bond-valuation/icra-analytics-valuations): This page describes the valuation methodology and services developed by ICRA Analytics for fixed income securities. It explains how independent valuations support investment decisions, portfolio management, and market transparency. - [MLD Valuation](https://www.icraanalytics.com/fixed-income-solution/bond-valuation/mld-valuation): This page explains valuation services for Market Linked Debentures (MLDs). It supports fair valuation, pricing consistency, and regulatory compliance for structured debt instruments. - [Fixed Income Data Services](https://www.icraanalytics.com/fixed-income-solution/fixed-income-data-services): This page provides information on market data services for fixed income instruments. It supports financial institutions with data feeds, reference information, and fixed income analytics. - [Portfolio Analytics](https://www.icraanalytics.com/fixed-income-solution/portfolio-analytics): This page explains analytical tools for evaluating fixed income portfolios. It supports portfolio performance measurement, risk assessment, and investment analysis. - [Rating Tracker](https://www.icraanalytics.com/fixed-income-solution/rating-tracker): This page provides issuer and ISIN rating history across fixed income securities. It helps users monitor historical rating movements and credit profile changes. - [Yield Matrices](https://www.icraanalytics.com/fixed-income-solution/yield-matrices): This page explains benchmark yield matrices used for fixed income valuation and analysis. It supports pricing models, valuation frameworks, and market benchmarking. - [Grievance Redressal](https://www.icraanalytics.com/fixed-income-solution/grievance-redressal): This page outlines the grievance redressal process for fixed income valuation services. It explains how valuation-related concerns, feedback, and complaints are managed and resolved. --- ## ESG Analytics & Consulting (BRSR) - [ESG Analytics and Consulting Services](https://www.icraanalytics.com/esg-analytics-and-consulting-services): This page provides an overview of ESG data, sustainability analytics, and consulting solutions offered by ICRA Analytics. It supports organizations in measuring ESG performance, regulatory reporting, and sustainability decision-making. - [Sustainability Data Analytics / BRSR Consulting](https://www.icraanalytics.com/esg-analytics-and-consulting-services/sustainability-data-analytics-brsr-consulting): This page explains sustainability data analytics and Business Responsibility and Sustainability Reporting (BRSR) consulting services. It supports organizations in ESG disclosures, sustainability reporting, and regulatory compliance. - [EQ360](https://www.icraanalytics.com/esg-analytics-and-consulting-services/sustainability-data-analytics-brsr-consulting/eq360): This page explains EQ360, a cloud-based platform providing ESG data and analytics for listed Indian companies. It supports sustainability research, peer comparison, ESG performance assessment, and investment analysis. - [Data Enrichment & Analytic Services](https://www.icraanalytics.com/esg-analytics-and-consulting-services/data-enrichment-analytic-services): This page describes ESG data enrichment and analytical services for sustainability assessments. It supports organizations seeking enhanced ESG datasets, reporting quality, and decision-support analytics. --- ## Insurance Solutions - [Insurance Solutions](https://www.icraanalytics.com/insurance-solutions): This page provides an overview of analytics and risk management solutions developed for the insurance sector. It supports insurers with data analysis, risk assessment, and operational decision-making. - [Customised Services](https://www.icraanalytics.com/insurance-solutions/customised-services): This page explains customized analytics and consulting services designed for insurance organizations. It supports insurers with tailored analytical models, reporting, and business intelligence solutions. --- ## Treasury Solutions - [Treasury Solutions](https://www.icraanalytics.com/treasury-solutions): This page provides an overview of treasury management solutions developed by ICRA Analytics. It supports corporate treasury teams with research, investment analysis, portfolio monitoring, and decision support. - [Fixed Income](https://www.icraanalytics.com/treasury-solutions/fixed-income): This page explains the treasury module for monitoring fixed income investments. It supports treasury professionals with portfolio tracking, valuation insights, and investment analysis. - [Mutual Fund](https://www.icraanalytics.com/treasury-solutions/mutual-fund): This page explains the treasury module for monitoring mutual fund investments. It supports treasury teams with portfolio tracking, investment analysis, and fund performance monitoring. --- ## Knowledge Services - [Knowledge Services](https://www.icraanalytics.com/knowledge-services): This page provides an overview of outsourced research, data management, and knowledge process services offered by ICRA Analytics. It supports financial institutions, enterprises, and investment organizations with analytical, operational, and research capabilities. - [Solutions & Tools](https://www.icraanalytics.com/knowledge-services/solutions-and-tools): This page introduces digital platforms and technology solutions developed for knowledge and data services. It helps organizations explore specialized platforms supporting research, analytics, and information management. - [InfRE360](https://www.icraanalytics.com/knowledge-services/solutions-and-tools/infre360): This page explains InfRE360, a cloud-based data and analytics platform built for InvITs and REITs. It supports investment analysis, market intelligence, portfolio monitoring, and data management for infrastructure and real estate investment trusts. - [Data Management Services](https://www.icraanalytics.com/knowledge-services/data-management-services): This page explains data management services for financial and business information. It supports organizations with data collection, processing, validation, enrichment, and operational data management. - [Financial and Analytical Services](https://www.icraanalytics.com/knowledge-services/financial-and-analytical-services): This page provides an overview of financial research and analytical support services. It supports investment firms, financial institutions, and enterprises with research, financial analysis, and decision-support solutions. - [Process Innovation and Transformation](https://www.icraanalytics.com/knowledge-services/process-innovation-and-transformation): This page explains consulting services focused on process optimization and digital transformation. It helps organizations improve operational efficiency through workflow redesign, automation, and technology adoption. --- ## Customised Research - [Customised Research](https://www.icraanalytics.com/customised-research): This page explains IPO & strategic research services developed according to client-specific business and sector requirements. It supports organizations seeking customized market intelligence, industry analysis, and expert research reports. --- ## Insights & Research - [Insights & Research](https://www.icraanalytics.com/insights-and-research): This page serves as the central repository for market insights, research publications, and industry analysis from ICRA Analytics. It provides articles covering financial markets, risk management, ESG, mutual funds, fixed income, and sector developments. - Representative recent articles: - [Banking Model Validation & Risk Governance](https://www.icraanalytics.com/insight-research-details/banking-model-validation-risk-governance-1290): This article explains model validation practices and governance frameworks used in banking risk management. It helps financial institutions understand model oversight, regulatory expectations, and validation methodologies. - [ECL Framework: PD, LGD, EAD](https://www.icraanalytics.com/insight-research-details/ecl-framework-pd-lgd-ead-1288): This article explains the key components of Expected Credit Loss models, including Probability of Default, Loss Given Default, and Exposure at Default. It helps financial professionals understand ECL methodology and credit risk measurement. - [NBFC Sector Report](https://www.icraanalytics.com/insight-research-details/nbfc-sector-report-1279): This article analyzes developments, trends, and risks affecting the non-banking financial company sector. It provides market insights to support strategic planning and industry evaluation. - [ICRA ESG Solution](https://www.icraanalytics.com/insight-research-details/icra-esg-solution-1193): This article explains the ESG data and analytics capabilities developed by ICRA Analytics. It helps organizations understand ESG assessment, sustainability reporting, and responsible investment analysis. - [ECL 3.0 by ICRA Analytics](https://www.icraanalytics.com/insight-research-details/ecl-3-0-by-icra-analytics-1221): This article introduces the ECL 3.0 platform for Expected Credit Loss computation. It explains how the solution supports IFRS 9 and Ind AS 109 compliant impairment modelling and reporting. - [Credit Risk Model Validation Pitfalls](https://www.icraanalytics.com/insight-research-details/credit-risk-model-validation-pitfalls-1239): This article discusses common challenges encountered during credit risk model validation. It helps financial institutions improve model governance, validation quality, and regulatory compliance. - [Weekly Bond Market Wrap series](https://www.icraanalytics.com/insight-research-details/bond-market-wrap-may-29-2026-1287): This page publishes recurring updates on developments in the fixed income and bond markets. It helps market participants monitor yield movements, debt market trends, and significant fixed income events. --- ## Optional - [Search Results](https://www.icraanalytics.com/search-results): This page displays search results generated from queries across the ICRA Analytics website. It helps users discover relevant pages, products, research, and informational content. - [Regulatory Disclosure](https://www.icraanalytics.com/regulatory-disclosure): This page provides statutory disclosures and regulatory information applicable to ICRA Analytics. It supports transparency by publishing information required under applicable regulatory frameworks. - [Privacy Policy](https://www.icraanalytics.com/privacy-policy): This page explains how ICRA Analytics collects, processes, stores, and protects personal information. It outlines data privacy practices, user rights, and compliance with applicable privacy regulations. - [Terms of Use](https://www.icraanalytics.com/terms-of-use): This page defines the terms and conditions governing access to and use of the ICRA Analytics website. It explains user responsibilities, permitted usage, and legal conditions associated with the website. - [Disclaimer](https://www.icraanalytics.com/terms-of-use/disclaimer): This page explains the limitations, conditions, and legal notices applicable to the information published on the website. It clarifies the scope of responsibility relating to content, services, and published information. - [Third-Party Disclaimer](https://www.icraanalytics.com/terms-of-use/third-party-disclaimer): This page explains the terms governing references to third-party information, products, and external websites. It clarifies the responsibilities and limitations associated with third-party content and external resources.