Orion (Private Credit AI)

What they say they do

Orion describes AI tools for private credit across asset classes, including a covenant checker, rules-based shadow ratings, a portfolio monitor for exposures and breaches, and a compliance tracker for covenant checks and certificate monitoring.

Capabilities

• covenant tests · source: www.private-credit.ai
• shadow rating · source: www.private-credit.ai
• portfolio monitoring · source: www.private-credit.ai
• document summary · source: www.private-credit.ai

Use cases this maps to

• PCT-001 Every loan a BDC marks below 90 cents, ranked and linked to the filing via portfolio monitoring
• PCT-002 Covenants, baskets and add-backs out of a 200-page credit agreement, every line cited to a section via document summary
• PCT-007 Don't trust the compliance cert: re-run the covenant math from the monthly pack, automatically via covenant tests
• PCT-013 Soft credit events, read overnight: every amendment, waiver, PIK toggle and extension in your book via document summary
• PCT-027 Shadow-rate a borrower on the agency's own grid, then re-score your internal ratings when financials land via shadow rating
• PCT-062 The private letter rating pack: assemble what the rating agency and the insurer's regulator will ask for, with every figure sourced via document summary
• PCT-071 Every borrower's quarterly pack, spread into one monitoring model: covenant headroom tracked quarter by quarter via covenant tests
• PCT-073 Recurring revenue loan: test ARR leverage and minimum liquidity, and check whether the borrower can flip to EBITDA via covenant tests
• PCT-074 Amendment or waiver request in: what is being asked, who has to consent, and what it does to the covenant via covenant tests
• PCT-076 Early-warning brief across the book: financials, reporting behaviour, requests and news in one cited watchlist draft via portfolio monitoring