A recent blog post from the Bank Policy Institute highlights Credit Benchmark as a way to help financial institutions better assess credit risk for capital purposes.
The post explores how the data “leverages private sector innovation and resources; allows for prompt adjustments to adapt to new risks or new data; prevents any possibility of cheating; and expands the universe of companies that can be fairly evaluated.”
View original article (external link).
Credit Benchmark, a new startup that will provide aggregated analysis of trading firms’ proprietary credit ratings and risk assessments, has Read more
London-based startup consensus credit ratings provider Credit Benchmark has begun its proof-of-concept phase with an undisclosed number of contributing banks, Read more
Credit Benchmark received wide-ranging press coverage on its $7MM Series A financing. All Media Ny http://www.allmediany.com/news/27081-index-leads-7m-round-in-banking-ben... Financial News http://www.efinancialnews.com/story/2014-07-09/credit-risk-data-startup-... Finextra Read more
London tech firms attracted a record $1bn (£626m) of venture capital investment in just the first nine months of 2014. Read more
