Credit Benchmark Grows Bank Contributors, Eyes Non-Bank Credit Data

The vendor plans to collect and create consensus rating datasets from other types of companies besides banks.

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London-based consensus credit ratings provider Credit Benchmark is expanding its network of banks that contribute proprietary ratings, and is planning to start collecting ratings from other companies that are subject to counterparty credit risk and compile their own ratings.

Credit Benchmark CEO William Haney says that in addition to the 26 banks currently submitting their own ratings to the vendor and consuming the average of the ratings that it produces, another nine banks are waiting to join

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