Products & Tools

Credit Benchmark provides a data-driven view of credit risk, offering coverage, granularity, and collective insight available nowhere else.

Credit Consensus Ratings, Indices & Analytics are an entirely unique product backed by real-world market sentiment. Rather than the ‘issuer pay model’, it represents the views of those with ‘skin in the game’.

Entity-Level Risk

Credit Consensus Ratings

Credit Consensus Ratings provide a unique measure of creditworthiness on 100,000+ counterparts and borrowers across emerging and developed markets, based on inputs from 40+ leading global financial institutions, almost half of which are GSIBs. 90% of the entities covered are otherwise unrated or private, providing an unparalleled perspective of risk and liquidity.

Credit Consensus Ratings are supplemented by descriptive analytics and reference data that provide insights into the underlying credit views that make up the consensus.

Historical charting allows you to benchmark trends – the Credit Consensus Rating vs your own estimate over time.

Macro-Level Insights

Credit Indices

Credit Indices are macro-level risk indicators that offer the ability to compare credit trends and distributions across more than 170 countries and close to 200 industries, sectors and sub-sectors.

Over 1,200 trend-tracking, forward-looking Credit Indices are available, reflecting Credit Benchmark’s expanding universe of 10 million credit risk observations contributed annually from the world’s leading financial institutions. They provide insights into the real-world risk views of the world’s most experienced risk takers.

Leveraging the comprehensive set of indices allows for the construction of precise and representative Correlation- and Transition Matrices which more appropriately reflect the true risk dynamics within the market.

Security-Level Ratings Assessments

Bonds & Loans

Credit Benchmark, in partnership with Bloomberg, offers rating assessments (notching) for bonds and loans issued by 40,000+ entities with Credit Consensus Ratings.

This service combines the Credit Benchmark Consensus with Bloomberg’s security reference dataset to create security-level rating assessments for approximately 130,000 bonds and loans amounting to $34+ trillion outstanding.

The production combines both Credit Benchmark and Bloomberg information and technology. As the resulting Rating Assessments are at the security level, the Bloomberg platform provides the perfect distribution mechanism.

Analytical Tools

Monitoring, managing and mitigating your risk

Client Analytics

Compare your internal risk view of your portfolio against the consensus view and filter by different segment cuts for a more granular view of your risk exposure. Chart the notch difference averages between your own internal estimates and the consensus view by industry.

My Portfolio

Upload your portfolio and continuously monitor its credit quality using the Credit Benchmark Web App portfolio function. Portfolios can be shared dynamically to other users across your team or firm and feed into management reporting cycles.

Monitoring & Alerting

Automated portfolio monitoring and notifications can flag negative or positive movement, creating additional capacity for analysts to cover a larger set of names, and expend resources to where it matters - managing exceptions and responding to early warnings.

Watch List & Surveillance

In-built Surveillance provides insights on the most prevalent movers in your portfolio and the wider consensus universe. The Watch List leverages Credit Consensus Ratings and descriptive analytics to provide insights into entities that are experiencing credit deterioration.

Credit Transition Matrices

Our Credit Transition Matrices (CTMs) facilitate the modelling of default risk. The CTMs are constructed using the full breadth of Credit Benchmark’s dataset, which includes over 100,000 consensus entities, ensuring long-term stability. These CTMs can be used to plot broad credit trends, build sector specific views, or produce term structures for use in portfolio modelling.

Correlation Matrices

Credit Benchmark can provide Correlation Matrices that show the industry and region correlations within a pool. The correlation matrices are constructed using Credit Benchmark’s industry and region schema, offering a detailed view of concentration and correlation risk across your portfolio.

Now Available: Credit Risk IQ

Credit Benchmark’s Credit Risk IQ reports show how credit risk is evolving across a wide array of dimensions.

These monthly reports contain forward-looking analyses of default risk across 5,000+ sectors, spanning various geographies and industries, with rated and unrated, and privately and publicly owned entities.

Credit Benchmark dives into the credit risk behaviour of entities within each industry to help you identify key trends and signals at a macro-level.

Solutions

Delivery channels to fit your workflow

Web Application

• Portfolio monitoring and alerting
• Analyse and monitor industry or geographical trends
• Entity-level drill down, descriptive analytics, and peer comparison

Excel Add-In

• Incorporate consensus data into existing spreadsheets and models
• Pre-built template library
• Convenient and fluent graphical interface to create and edit filters to query the database

Datafeed

• Comprehensive flat file
• Incorporates your internal identifiers and reference data for efficient data mapping
• Structured file format for quick ingestion into system

Direct / API

• Web services Enterprise API
• Structured data model
• High performance, flexible delivery mechanism to support in-house built solutions

Third Parties

• Third-party channels including Bloomberg Terminal and Enterprise Data License
• Data marketplaces including Databricks and AWS Marketplace

In Numbers

100,000

Entities with Credit Consensus Ratings

130,000

Bond and Loan Rating Assessments, Representing $34+ Trillion Outstanding

1 Million

Risk Observations Feeding Into Twice-Monthly Data Updates

60 Million

Credit Risk Observations Collected Since Launch in 2015

1,200

Industry & Sector Indices

160

Countries Covered

Major Global Banks Contributing, Almost Half Are GSIBs

20,000

Credit Analysts Contributing Risk Views

90%

Of Universe Unrated by Traditional Rating Agencies

90%

Of Corporate Universe Are Private Companies

The Benefits of Consensus Credit Data

Rating the unrated

Unparalleled coverage of public and private issuers; filling the gaps left by traditional ratings agencies.

Independent

Free from “issuer-pays” conflict and any bank bias.

Real-world exposure

Driven by the credit views of >40 of the world’s largest regulated banks, almost half of which are GSIBs.

Identify that entity

Risk data is processed through a sophisticated purpose-built mapping engine.

Dynamic

The consensus is refreshed twice monthly to provide dynamic indicators of potential credit risk changes.

Alerting and monitoring

Assess risk over the lifetime of a transaction.

Secure reporting

Ease of internal integration within reporting.

Expanding footprint

A unique growing global dataset.

Book a Demo

Credit Benchmark offers entity-level Credit Consensus Ratings on over 100,000 counterparts and borrowers globally, alongside an extensive suite of analytical tools and products.

Talk to us for a full service demo and learn how Credit Benchmark helps risk professionals manage their capital and risk more effectively and efficiently.

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Risk Solutions

Credit Risk Solutions

Specialty Credit & Political Risk Insurance

Corporate Treasury

IFRS 9 / CECL Impairment Benchmarking

Securities Finance & Prime Brokerage

Bank Credit Risk Management

Significant Risk Transfer / Capital Relief Trades

Central Counterparty Clearing Houses (CCPs)

Fund Financing