NEW
YORK, May 17, 2022 /PRNewswire/ -- S&P
Global Ratings, part of S&P Global Inc. (NYSE: SPGI) and the
world's leading provider of independent credit risk research, today
announced the formation of a new Decentralized Finance (DeFi)
strategy group to advance S&P Global's approach to
decentralized markets.
S&P Global Ratings recognizes that decentralized finance is
increasingly transforming the capital markets, including an
expansion in the spectrum of market participants, the creation of
new asset classes, and the development of new capabilities in the
execution of financial transactions. In response to these evolving
dynamics and heightened client interest, Charles "Chuck" Mounts
will lead this effort as Chief DeFi
Officer in S&P Global Ratings and will work closely with
Charles Jansen, who has been
appointed as Head of DeFi Transformation.
Enabled by the combination of Distributed Ledger Technology,
Blockchain and Smart Contracts, DeFi is resulting in new market
frameworks that will both complement and disrupt the established
primary and secondary debt capital markets, with potential
implications for all credit market participants.
"Decentralized finance has the potential to redefine the
financial markets in ways that have not been seen since the early
days of fintech and e-commerce," noted Elizabeth Mann, Chief Financial Officer, S&P
Global Ratings. "Innovation is driving these changes and as with
any emerging sector, there are both significant opportunities and
risks. As a provider of fundamental credit analysis and insights,
we're looking to this group's wealth of knowledge about traditional
capital and crypto-native markets to share our understandings of
each with current and future clients."
The team is responsible for helping to advance S&P Global
Ratings' approach and capabilities in the fast-moving decentralized
market environment. They will build on the insights generated by
the Digitalization of Markets Research lab, with a focus on
bringing S&P Global's robust analytic and risk assessment
capabilities forth to support both traditional institutional
(TradFi) clients and the growing universe of crypto-native DeFi
clients.
As Chief DeFi Officer,
Chuck Mounts is responsible for
driving the development of the S&P Global Ratings DeFi
resources with the acceleration and institutionalization of crypto
and digital assets.
In his role as Head of DeFi Transformation, Charles Jansen integrates the technical
expertise and crypto ecosystem knowledge to guide the development
of new products and services. Together, Chuck and Charles bring a
unique combination of expertise in debt capital markets, credit
risk evaluation and crypto.
Media Contact:
Jeff Sexton, New York (1) 212-438-3448
jeff.sexton@spglobal.com
Orla O'Brien, Boston (1) 857-407-8559
orla.obrien@spglobal.com
Key Contacts:
Americas Media Relations: (1) 212-438-6667
media_relations@spglobal.com
Americas Customer Service: (1) 212-438-7280
research_request@spglobal.com
S&P Global Ratings is the world's leading provider of
independent credit ratings. Our ratings are essential to driving
growth, providing transparency and helping educate market
participants so they can make decisions with confidence. We have
more than 1 million credit ratings outstanding on government,
corporate, financial sector and structured finance entities and
securities. We offer an independent view of the market built on a
unique combination of broad perspective and local insight. We
provide our opinions and research about relative credit risk;
market participants gain independent information to help support
the growth of transparent, liquid debt markets worldwide.
S&P Global Ratings is a division of S&P Global (NYSE:
SPGI), which provides essential intelligence for individuals,
companies and governments to make decisions with confidence. For
more information, visit www.spglobal.com/ratings.
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SOURCE S&P Global