Waters Rankings 2026: Best credit risk solution provider—S&P Global Market Intelligence

Overview

RatingsDirect is the official source for S&P Global Ratings credit ratings, research, analytics, and credit risk intelligence, delivered through a single platform. It addresses a key challenge facing credit and risk professionals: accessing consistent, trusted, and transparent credit information across multiple sources. By bringing together ratings, research, financials, and credit insights in one place, RatingsDirect helps users evaluate creditworthiness, monitor risk, and make informed decisions more efficiently.

The solution

RatingsDirect integrate ratings, research, financials, market indicators, and credit risk insights into a single platform. CreditStats Direct provides transparent reported and adjusted financials with visibility into how adjustments are applied, while Credit Monitor supports continuous surveillance of rating actions, outlook changes, and emerging risks of a portfolio in one central, customizable hub. Credit Transition Signals extends monitoring with forward-looking indications of potential changes in credit risk, helping users identify emerging risks and opportunities. Together with AI-assisted research and visualization tools, these capabilities help users make more informed credit decisions.

Secret sauce  

As the official source for S&P Global Ratings content, RatingsDirect offers access to more than 1 million outstanding credit ratings, alongside research, criteria, and credit-adjusted financials. Users can move from rating outcomes to the underlying rationale, scores, factors, and financial adjustments that support them. Combined with broad coverage across corporates, financial institutions, sovereigns, public finance, and structured finance, this provides a connected view of credit risk that few providers can match. Delivered on the Capital IQ Pro platform, credit analysts, portfolio managers, risk managers and bankers can seamlessly look across rated and unrated exposures.

Recent milestones

Over the past 12 months, RatingsDirect expanded CreditStats Direct with additional sector coverage and greater transparency into adjusted financials through reconciliation click-throughs. It enhanced Credit Monitor with new surveillance workflows and introduced Credit Transition Signals, helping users identify potential rating migration risks earlier. The Credit Health Panel was added to help users review private companies, suppliers, and counterparties using consistent financial inputs, bringing unrated entities into their analysis in a structured way.

RatingsDirect also launched CreditCompanion for AI-assisted research discovery and improved search, navigation, visualizations, and screening tools to support faster credit analysis and monitoring. Users can also create committee-ready credit memos in minutes by using AI to combine financials, credit ratings, corporate info, market data and proprietary information with the newly introduced Credit Memo Builder.

Product roadmap

Over the next 12 to 18 months, RatingsDirect will continue to evolve as a connected credit intelligence platform, with planned investments in AI-assisted workflows, expanded data coverage, enhanced visualization tools, and more forward-looking risk monitoring capabilities. These enhancements will improve how users discover research, identify emerging credit risks, monitor portfolios, and access transparent credit insights, helping credit professionals make faster, more informed decisions while strengthening consistency across credit workflows.