With the tremendous focus on succeeding with counterparty data to mitigate risk, it has become a priority for vendors and customers alike, making the Best Counterparty Data Provider category hotly contested. This year it is S&P Global Market Intelligence that voters have had their eyes on and, considering the investment that has gone into improving counterparty data in the vendor’s Credit Analytics suite in recent years, it is a well-deserved win.
The S&P Global Market Intelligence Credit Analytics offering provides an end-to-end, integrated workflow solution, which will soon include scoring capabilities and surveillance dashboards for monitoring credit in addition to the current counterparty relationships data available in the offering. “Counterparty data has been one of the biggest initiatives for our company in recent years, and it has really accelerated in the past year,” says James Elder, director, risk services, S&P Global Market Intelligence.
The vendor has expanded coverage of counterparty data for its Credit Analytics offering, leveraging the S&P Capital IQ platform and linking data sets to allow users to get a full view of an entity to assess credit health and portfolio risk. As part of the initiative, S&P Global Market Intelligence has also introduced new workflows and focused on bringing out enhancements to analytics models. “We are working towards a summer launch of surveillance tools, allowing users to view counterparty exposure on a dashboard and easily set up alerts,” says Viraj Patel, director, risk services, S&P Global Market Intelligence.
In addition, the vendor is building in new transparent widgets for integrating counterparty content with all other Credit Analytics content, providing customers with a very transparent view of data. With several new launches, the robust counterparty data offering from S&P Global Market Intelligence is set to help customers succeed with effective risk management and changing regulation.
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails