Enhancement integrates economic forecast scenarios into
models of fundamental credit risk, market-based estimates of future
credit risk
NEW
YORK, July 26, 2023 /PRNewswire/ -- S&P
Global Market Intelligence, a provider of information services and
solutions to global markets, today announced the integration of a
catalogue of multi-year macroeconomic outlook scenarios derived
from the Global Link Model into Market Intelligence's Credit
Analytics solution. The library of predetermined scenarios in
combination with the Macro-Scenario Model enables users to more
effectively analyze their credit risk exposures based on realistic
alternatives to Market Intelligence's baseline economic outlook,
expanding on the existing functionality to input proprietary
macroeconomic assumptions.
Originally created by the Models & Scenario Design team at
IHS Markit, the library of economic impact scenarios includes a
predefined set of forecasts exploring the impact of events such as
the Ukraine–Russia War, Global Water Scarcity and Global Cyber
Attacks on key economic drivers including commodity prices,
exchange rates, and monetary and financial policy. The S&P
Global Market Intelligence baseline economic forecast is also
available within the library.
Building on the Credit Analytics assessments that enable a user
to score and monitor potential risk exposures and estimate the
impact of significant factors on a company's creditworthiness, the
library of predefined model-based forecast scenarios provides an
additional tool to efficiently monitor companies and identify
specific macroeconomic risk dynamics within a credit portfolio.
"The importance of being able to effectively monitor the credit
risk impacts of geopolitical events and macroeconomic shift changes
is imperative when examining credit risk assessments," said
Whit McGraw, Head of Credit and
Risk Solutions, S&P Global Market Intelligence. "The
integration of the library of predetermined macroeconomic scenarios
into our Credit Analytics solution enables our users to more
efficiently model key economic factors and define the trends that
impact the credit narrative for their specific business."
S&P Global Market Intelligence Credit Analytics models, data
and workflow tools enable users to quickly and efficiently measure
and monitor the credit risk of rated, unrated, public and private
companies globally. Fully integrated in the S&P Capital IQ
platform and Excel® Plug-in, models and data are accessible via API
solutions or deliverable via bulk data through XpressFeed™ and
Snowflake.
Derived from the Global Link Model, S&P Global Market
Intelligence's scenario analysis defines and identifies realistic
and high impact scenarios enabling users to stress test their
preparedness for political and economic shocks, build business
resilience strategies and capture future opportunities.
S&P Global Market Intelligence's opinions, quotes, and
credit-related and other analyses are statements of opinion as of
the date they are expressed and not statements of fact or
recommendation to purchase, hold, or sell any securities or to make
any investment decisions, and do not address the suitability of any
security.
About S&P Global Market Intelligence
At S&P Global Market Intelligence, we understand the
importance of accurate, deep and insightful information. Our team
of experts delivers unrivaled insights and leading data and
technology solutions, partnering with customers to expand their
perspective, operate with confidence, and make decisions with
conviction.
S&P Global Market Intelligence is a division of S&P
Global (NYSE: SPGI). S&P Global is the world's foremost
provider of credit ratings, benchmarks, analytics and workflow
solutions in the global capital, commodity and automotive markets.
With every one of our offerings, we help many of the world's
leading organizations navigate the economic landscape so they can
plan for tomorrow, today. For more information, visit
www.spglobal.com/marketintelligence.
Media Contact
Katherine Smith
S&P Global Market Intelligence
+1 781-301-9311
katherine.smith@spglobal.com
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SOURCE S&P Global Market Intelligence