Bankers' Almanac Launches Credit Risk

LONDON, December 7, 2010 /PRNewswire/ -- Bankers' Almanac, a leading global provider of financial data for over 160 years, is proud to announce the launch of their brand new Credit Risk product. Providing vital data on banks and financial institutions in one single location, Credit Risk gives analysts the freedom to concentrate on analysis, rather than spend time researching and collating information. The new solution transforms the way credit risk professionals assess and analyse counterparty credit risk. Credit Risk gives professionals access to:

    - Three years of detailed spread financials and original annual
      reports/ financial statements helping users evaluate a bank's
      performance.

    - A powerful peer-to-peer analysis tool, enabling thorough and
      accurate comparisons against multiple institutions.

    - Ownership visualisation, giving a transparent picture of bank
      structure across direct and indirect shareholdings.

    - Long term and short term bank credit ratings supplied by leading
      credit rating agencies.

    - Verified information on key banking personnel, management
      structure and board members.

    - Summaries for each bank covering changes of name, dates of
      establishment and mergers & acquisition information.

All information is sourced from the banks directly. A dedicated team of financial accountants produces a financial spread for each bank according to a strict spreading methodology and a rigorous quality control process, ensuring the highest levels of accuracy to deliver standardisation across financial accounts.

Credit Risk is a result of extensive primary research conducted by Bankers' Almanac, delivering a comprehensive and intuitive source of information for credit risk analysis.

Alastair Brigg, Digital Publisher, stated "By providing critical bank data in one place, Credit Risk fulfils a key requirement amongst analysts, ensuring their valuable time is spent on analysis, rather than searching for the data they need. The launch of Credit Risk represents a really exciting new extension to our portfolio of products serving the banking market."

http://creditrisk.bankersalmanac.com

About Us

    Bankers' Almanac continues to set the global standard for banking
intelligence, for over 160 years we have provided solutions to help financial
professionals make payments (
http://www.bankersalmanac.com/addcon/products/payments.aspx) , conduct due
diligence (
http://www.bankersalmanac.com/addcon/products/due-diligence-repository.aspx),
assess credit risk (http://creditrisk.bankersalmanac.com/) and carry out
financial research (
http://www.bankersalmanac.com/addcon/products/financial-research.aspx) on the
world's banks. Counting the world's leading banks amongst our valued clients,
including 100% coverage of the world's top 100 banks, Bankers' Almanac is
relied upon daily by over 26,000(1) users worldwide. We are proud to partner
some of the banking industry's most influential associations including the
Wolfsberg* Group, the British Bankers' Association, BAFT-IFSA and SWIFT.
Bankers' Almanac has a dedicated content team who source our data directly
from banks and regulatory authorities across the globe, rigorously verifying
the data prior to publishing.

Bankers' Almanac is owned by one of the world's principal business to business publishers, Reed Business information and is part of the Reed Elsevier Group plc. A FTSE 100-listed company.

For more information about Bankers' Almanac and the products that it offers visit http://www.bankersalmanac.com

*The Wolfsberg Group consists of the following leading international financial institutions: Banco Santander, Bank of Tokyo-Mitsubishi UFJ, Barclays, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JP Morgan Chase, Societe Generale and UBS which aim to develop financial services industry standards, and related products, for Know Your Customer, Anti-Money Laundering and Counter Terrorist Financing policies.

    (1) Internal Bankersalmanac.com October 2010 statistics
    All press enquires to be made to:
    Email: [email protected]
    Telephone: +44-(0)-1342-33-6104
    http://www.bankersalmanac.com

SOURCE Bankers Almanac