Standard & Poor's Adds Financial Institution Data and Risk Analytics to RatingsDirect® on the Global Credit Portal®
CreditStats Direct for Financial Institutions Provides Credit-Adjusted Financial Statement Information for 600 S&P Rated Banks Worldwide
NEW YORK, Aug. 1, 2011 /PRNewswire/ -- S&P Valuation and Risk Strategies today announced the launch of CreditStats Direct for Financial Institutions, a powerful new data and analytics application that provides direct access to credit-adjusted financial data with up to 3-years history for banks rated by S&P. The addition of this credit analysis tool allows market participants to gain in-depth insight into the creditworthiness of over 600 global rated banks.
The new financial institutions offering combines a wide range of S&P analytics and benchmark data in a single research platform. CreditStats Direct for Financial Institutions incorporates line-item-by-line-item financial statement data; side-by-side credit comparison tools for up to 100 entities or aggregates for up to five portfolios; and transparency into the methodologies used by S&P credit analysts to help investors conduct deep-dive analysis of their portfolios.
"Investors need the ability to scrutinize the credit quality of their investments in a fast and accurate way," said Luis Cerda, Senior Director - Product Management, S&P Valuation and Risk Strategies. "Today, that means going further than the rating to gain real insight into the methodologies used to arrive at that rating and having access to data that allows the comparison of financial institutions relative market benchmarks. S&P RatingsDirect is the only source to deliver that level of analysis in a single package."
CreditStats Direct Financial Institutions is available to S&P customers worldwide through S&P RatingsDirect on the Global Credit Portal, www.standardandpoors.com/ratingsdirect.
ABOUT STANDARD & POOR'S
Standard & Poor's Financial Services LLC, a subsidiary of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With offices in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for over 150 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit www.standardandpoors.com
SOURCE Standard & Poor's
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