Fast-Tracking Innovation and New Product Development Combining Kensho’s Machine Learning Capabilities with S&P Global’s Vast Data Assets, New Innovations Take Shape in Open Source, Rapid Development Environment
S&P Global (NYSE: SPGI) announced that the Company has unveiled a new innovation space on the S&P Global Platform called Kensho Labs. In collaboration with Kensho Technologies LLC (“Kensho”), acquired by SPGI in April, select internal users and S&P Global Market Intelligence clients can now access a digital innovation lab for prototyping new product solutions.
Several initial offerings from Kensho Labs leverage S&P Global’s data combined with Kensho’s cutting-edge machine learning capabilities to create new insights for financial decision makers:
- Credit Loss Model for Banks: The S&P Global Market Intelligence Risk Services team partnered with Kensho Labs to model credit risk-related scenarios using alternative data culled from internet search results. This model provides users with forward looking risk measures of credit losses at both the entity and the macro-level.
- Commercial Real Estate Model: The S&P Global Market Intelligence Real Estate team partnered with Kensho Labs to model the risk exposure of real estate companies, both at the macro level and the individual property level. The model leverages data from Market Intelligence as well as a variety of alternative data to enable users to better understand the risk exposure of real estate companies.
“Kensho Labs will accelerate our innovation through the intersection of cutting-edge technologies and S&P Global’s best-in-class data and analytics. This is an exciting next step in the early months following S&P Global’s acquisition of Kensho. The possibilities ahead give us a competitive edge in the market and strengthen our ability to solve client problems,” remarked Nick Cafferillo, S&P Global Chief Technology Officer.
“Kensho is expanding the domain of the possible in the alternative data space,” noted Daniel Nadler, Founder of Kensho. “Through Kensho Labs, Kensho is building the prototypes that will make everyone rethink how financial professionals get the information they need – and the speed at which they get it.”
In the coming months, the S&P Global and Kensho teams will continue to expand the user base and innovations available in Kensho Labs both internally and externally.
About S&P Global
S&P Global is a leading provider of transparent and independent ratings, benchmarks, analytics and data to the capital and commodity markets worldwide. The Company’s divisions include S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices and S&P Global Platts. S&P Global has approximately 20,000 employees in 31 countries. For more information visit www.spglobal.com.
About Kensho Technologies LLC.
Kensho is an award-winning machine intelligence company founded out of Harvard University in 2013. Kensho’s early team members came from veteran roles at Google, as well as from academia. Kensho applies AI for real-world impact across government and commercial institutions around the world. For more information, visit www.kensho.com.
About S&P Global Market Intelligence
At S&P Global Market Intelligence, we know that not all information is important—some of it is vital. We integrate financial and industry data, research and news into tools that help track performance, generate alpha, identify investment ideas, understand competitive and industry dynamics, perform valuations and assess credit risk. Investment professionals, government agencies, corporations and universities globally can gain the intelligence essential to making business and financial decisions with conviction.
S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI). For more information, visit www.spglobal.com.
Source: S&P Global Press Release