S&P released new service enhancements to provide integrated data, analytics and workflow platform that delivers a 360-degree view of credit risk for rated and unrated private and public companies globally.
It is a high end application to measure, monitor and manage credit risk of companies in mature and developing economies with daily updated short-term, medium-term and long-term credit risk metrics. Modelled credit benchmarks exist for more than 99% of listed companies globally plus hundreds of thousands of private companies in S&P Capital IQ’s database. In addition, customers can add proprietary data from virtually any other company for credit scoring.
Most likely this development should give traditional credit information companies something to worry about.
Source: S&P Capital IQ