Thomson Reuters has enhanced its credit risk capabilities, by adding StarMine Credit Default models to its DataScope suite, bringing together on one platform reference data, core ratings agency data, pricing and analytics.
The Thomson Reuters proprietary StarMine Credit Default models provide data services that enable automated and continuous monitoring and review processes to improve a firm’s ability to predict credit events as early as possible.
Regulations such as the Basel accords and Dodd-Frank outline how firms should assess their credit risk exposure, underscoring the need for greater focus on risk management to meet compliance requirements.
Thomson Reuters credit risk capabilities provide access to 388 different credit agency ratings alongside the proprietary credit models from StarMine, for a more holistic credit risk picture. Thomson Reuters credit risk capabilities also include entity hierarchy information, including countries of risk data to provide a granular assessment of exposure to risk, fundamentals content allowing clients to calculate key ratios, as well as news sentiment scoring to facilitate automation of alerts to news that may have a credit impact. In addition, users can access key reference data, legal entity indicators (LEIs), cross-referenced entity codes, as well as evaluated pricing of 2.5 million securities with full transparency into methodologies and comprehensive CDS pricing.