New York – July 9, 2018 — Credit Benchmark, the leader in consensus based credit analytics, has announced the appointment of Nick Pastoressa as Chief Product and Technology Officer, effective immediately. He will be based in the firm’s New York office and will spearhead both product strategy and development as Credit Benchmark expands its suite of innovative data and analytic solutions to its growing user base.
A proven fintech leader, Pastoressa joins Credit Benchmark from Nasdaq where he served as Global Head of Product and Platform for the company’s Corporate Solutions division, and led the effort to develop Nasdaq’s next generation suite of solutions for the corporate community. Prior to that, he led product development for the Investment Management, Investment Banking and Sell-side Research businesses of Thomson Reuters. Pastoressa began his career at I/B/E/S, a leading provider of consensus global forecast data, where he oversaw product management.
“Over the course of his 20 year track record of fintech innovation, Nick has been a true pioneer in bringing consensus-based content offerings to market,” said William Haney, CEO of Credit Benchmark. “Having led product management, technology, user experience and content strategy teams, and driven program integration initiatives across multiple businesses, Nick is ideally suited to help Credit Benchmark implement the next phase of our evolution.”
About Credit Benchmark
Based in London and New York, Credit Benchmark is a financial data analytics company offering an entirely new source of credit risk data: the credit risk assessments of the world’s leading financial institutions. Credit Benchmark was founded in 2013, and is backed by Balderton Capital and Index Ventures. The company offers an objective, dynamic and forward looking measure of risk that reflects the aggregated views of multiple financial institutions that have direct exposure to the underlying entities. Its coverage includes a sizable and granular universe of tens of thousands of unrated entities where no market-accepted credit metrics exist today.
Media Contact information
Yaprak de Beaufort
Head of Strategy and Business Development
J. Roderick Public Relations (Representing Credit Benchmark)