i-need-tools-to-manage-credit-risk Market Intelligence /marketintelligence/en/campaigns/i-need-tools-to-manage-credit-risk content esgSubNav

I need credit risk management tools.

We understand the importance of staying ahead of credit risk. That's why we're committed to providing you with solutions to effectively manage the spectrum of your credit risk exposure.

See What Matters

Are environmental, social, and governance (ESG) issues more essential to consider today as you evaluate the creditworthiness of companies across industries and geographies? As ESG market opportunities accelerate and ESG risks intensify, you need a trusted partner to help embed environmental, social and corporate governance considerations in your decisions. S&P Global links essential climate, ESG, and positive impact intelligence with financial and industry data, research, and news. Our heritage of specialist expertise, superior customer service, and flexible data delivery options offers the ESG insights you need to make integrated business and financial decisions with conviction.

See what matters with essential insights from S&P Global Market Intelligence.

Credit Impacts of COVID-19

Cross-border supply chain disruptions, changes in industry and country risk factors, extreme volatility in the capital markets, and a potential recession are just some of the headlines top of mind for credit risk professionals today. How can companies quickly and comprehensively assess their spectrum of credit risk exposure? For the latest on COVID-19 and credit risk, click here.

Our solutions for credit risk cover rated and unrated companies, so you have what you need to help manage your credit risk exposure. Learn more about our solutions here.

Calculate and monitor the credit risk of rated, unrated, public, and private companies around the world with Credit Analytics. Pair market sentiment data with fundamental credit quality and default risk so you can spot early warning signs of potential defaults, ahead of financial reporting periods. Credit Analytics also lets you estimate company credit risk under future macroeconomic scenarios. These analytical models deliver the insights to be proactive, not reactive.

Our solutions for credit risk cover rated and unrated companies, so you have what you need to help manage your credit risk exposure. Learn more about our solutions here.

  • RatingsDirect
  • RatingsDirect Monitor
  • CreditPro®
  • Structured Finance & Mortgage Risk
  • U.S. Public Finance

The world looks to us for our view of credit risk. With RatingsDirect®, we deliver.

Magnify your view of the fixed-income markets across the globe with RatingsDirect. As the official desktop source for credit ratings and research from S&P Global Ratings, combined with additional market intelligence and risk indicators, RatingsDirect helps you research, chart, and analyze credit performance and trends across industries, companies, and securities.

Enhance your analysis with aggregated intelligence at the sector, sub-sector, industry, and portfolio level—including 20+ years of ratings history spanning: 9,400+ issuer ratings, 74,000+ securities across the globe, 16,200+ structured finance deals, 712,000+ US public finance maturities, 936,000+ research articles. Data as of January 1, 2021.

RatingsDirect also provides access to the underlying credit ratings data on 2,800+ rated Corporates and 600+ rated banks across the globe. Data as of July 1, 2019.

Learn More about RatingsDirect

Your ratings world, simplified.

Monitor brings financial and market data to you directly as they happen. By syncing with your portfolio Watch List, get timely and reliable data, dynamic visualizations, and credit ratings and research on a single screen.

Sharpen your perspective and boost your productivity

  • Gauge potential changes in market sentiment of credit quality by monitoring rating updates and market-driven signals. 
  • Perform relative value and risk/return analysis, identify names or sectors showing volatility in market prices of equity, and changes in credit spreads.
  • Receive desktop push notifications of ratings actions, research updates, news, and market movements as they happen. 
  • Get easy access to additional news, filings, Credit Default Swap data, equity prices, and more.


Credit Ratings Transition, Default, and Recovery Rate Analytics

Efficiently evaluate probabilities of default based on S&P Global Ratings' default and ratings migration data covering 17,000+ companies, 130,000+ securities, 120,000+ structured finance issues, and 160+ sovereign entities across the globe.

This robust analytic tool helps you formulate future default and ratings migration scenarios, and validate internal rating systems used for credit risk analysis. Consistently defined, measured, and maintained—CreditPro® provides comprehensive data sets that support the development, calibration, and backtesting that analytical risk valuation models must meet today.

Learn More about CreditPro®

Stay in the know for structured finance securities and mortgage risk.

Each day you face the challenges of monitoring transactions in a constantly evolving, cutting-edge market where no two deals are alike. Managing a Structured Finance portfolio is a complex job with many moving pieces. We can help you monitor and evaluate structured finance securities—with the latest global structured finance research, industry news, and sector trends, to servicer evaluations.

Power your mortgage risk analysis by using residential mortgage loan characteristics, borrower data and regional economic data from S&P Global Ratings’ Loan Evaluation and Estimate of Loss System (LEVELS). Evaluate credit risk and best-execution securitization scenarios with in-depth loan-level analysis and reports with estimates of loan/pool-level performance.

Request a Demo

Get a different perspective you can trust on public-financed securities.

With RatingsDirect®, manage your municipal holdings more efficiently and effectively with in-depth insights into the credit quality of debt securities issued by state and local governments, government-owned facilities, public authorities, and agencies.

Identify potential credit risks and capitalize on investment opportunities with extensive credit ratings and research from S&P Global Ratings spanning 690,000+ maturities and 20,000 issuers/obligors.*

Enhance your municipal data collection and credit risk assessment of rated and unrated municipals with the Public Finance Automated Scoring Tool (PFAST). This automated scoring and data solution allows for the credit risk scoring of State & Local Governments and Enterprise-driven segments, such as Water & Sewer, Higher Education, Transportation, and Healthcare.

Request a Demo

  • S&P Global RiskGauge Reports
  • Climate Credit Analytics
  • Scores and Probability of Default
  • Estimate loss and recovery
  • S&P Global China Credit Analytics Platform

Easily assess the credit risk of over 50 million public and private companies worldwide.

Assessing a company’s credit risk can be challenging and time consuming due to differing filing obligations, and inconsistent timeliness, availability and quality of data.

Get a detailed picture of a company’s credit risk with RiskGauge Reports from S&P Global Market Intelligence. These comprehensive credit reports, applicable for over 50 million public and private companies worldwide−including small- and medium-enterprises (SMEs), are powered by dynamic analytical models and robust data including:

  • S&P Global RiskGauge Score provides a holistic credit risk score comprising elements of a company’s PD Model Fundamentals, PD Model Market Signals, and CreditModel™ scores.
  • PaySense (BETA) identifies potential delays of trade payables by leveraging historical trade payable data and macroeconomic factors.
  • MaxLimit identifies maximum exposure limits by analysing a customer’s financial and industry risks, and supplier’s risk appetite.

Request a demo

Assess the climate exposure of your portfolio with Climate Credit Analytics.

Climate change has created a need to evaluate the impact of different climate-related scenarios on counterparties, investments, and portfolios. To support these efforts, S&P Global Market Intelligence and Oliver Wyman present Climate Credit Analytics, a climate scenario analysis and credit analytics model suite. These tools combine S&P Global Market Intelligence’s data resources and credit analytics capabilities with Oliver Wyman’s climate scenario and stress-testing expertise.

This solution is powered by S&P Global Market Intelligence’s proprietary datasets, including:

  • Financials and industry-specific data
  • Quantitative credit scoring methodologies from Credit Analytics
  • Company-level greenhouse gas (GHG) emissions and environmental impact data from Trucost
  • Global supply chain and shipping data from Panjiva


Get the full picture of your credit risk exposure.

Our cutting-edge analytical models and unrivalled data help you quickly and easily measure the credit risk of rated, unrated, public and private companies across the globe.

  • PD Model Market Signals provides a point-in-time view of credit risk, and early warning signals of potential default between reporting periods, for 71,000+ public companies. Download the brochure >
  • PD Model Fundamentals identifies potential default by assessing financial risk, and business risk. Calibrated on +15 years of defaults, and available for more than 5 million public and private companies. Download the brochure >
  • CreditModel’s powerful suite of over 100 statistical models, trained on credit ratings from S&P Global Ratings, help you evaluate the long-term creditworthiness of public and private, rated and unrated companies. Download the brochure >

Understand what you could recover with LossStats™ Model.

Having an exposure to a distressed firm, and a potential default is a real possibility. Your concern drives not only from the possibility of that default, but what you can expect to recover, or lose, if default occurs. Understanding potential recovery and a default can be hard to accomplish, with many approaches relying on standardized assumptions. With LossStats Model you have an alternative.

This default and recovery approach helps you estimate the loss and recovery levels of US and European fixed income and lending facilities, taking into account industry and instrument specific characteristics. Calibrated upon a proprietary database covering more than 4,000 US bond and loan recoveries spanning over 30 years, and 1,000 European bond and loan recoveries spanning over 13 years.

Download the brochure

Your One-Stop-Shop for Credit Insights on Chinese Private Companies

The China Credit Analytics platform integrates S&P Global Market Intelligence's localized credit analytics, featuring data from over 20 million Chinese private companies and our quantitative credit models calibrated to local default data.

It offers a one-stop-shop solution for users to search, evaluate, and monitor the credit profiles of Chinese Small and Medium-sized Enterprises (SME).

Generate credit insights on Chinese Small and Medium-sized Enterprises (SME) using differentiated content and localised analytics with outputs that broadly align with credit ratings.

  • Search and screen over 20 million Chinese private companies.
  • Utilize S&P Global Market Intelligence's Probability of Default Fundamental (PDFN) model calibrated to Chinese default data to analyze local companies in China.
  • Leverage the credit workflow tools to perform batch scoring and the credit risk dashboard to visualize a credit profile for a portfolio of entities.
  • Access 1 million larger Chinese SME's pre-scored Probability of Defaults with industry and provincial level benchmarks.
  • Take advantage of the dual language user interface that supports both Chinese and English languages.

Request a demo

Find out what's happening in the world of credit with our blogs and research.


  • Credit Assessment Scorecards
  • Loss Given Default Scorecards
  • IFRS 9 Tool
  • ESG Enhanced Scorecards

Assess credit risk with confidence and consistency.

Identify potential default risks of private, publicly traded, rated, and unrated companies and government entities—including “Low Default” portfolios lacking the extensive default data needed to construct, calibrate and validate statistical models.

Gain confidence in your decision-making, and the reliability of your internal risk rating systems with 70 Scorecards for all major asset classes, and leading benchmarks, including 140 Industry and Country Risk scores.

Follow a roadmap to consistently assess creditworthiness, focusing on the key risk factors most predictive of default risk, aiding replicability year-to-year, analyst-to-analyst. Outputs are broadly aligned with S&P Global Ratings’ criteria, and supported by default data dating back to 1981.

Learn More about Credit Assessment Scorecards

What is your potential loss position in the current volatile environment?

Refine the assessment of your potential exposure to defaults with our Loss Given Default (LGD) models and scorecards for low default asset classes.

Evaluate potential economic losses on a continuous scale with models that employ S&P Global Ratings’ analytical methodologies, proprietary research, and historical data. By incorporating qualitative and quantitative factors, our models and scorecards focus on sectors where default, and therefore recovery data, is scarce. This allows you to:

  • Meet Basel regulatory requirements by implementing LGD methodologies.
  • Validate and benchmark existing models and methodologies with LGD client data pooling and collection exercises. 
  • Produce facility-specific estimates of LGD in the low default environment with internal ratings-based methodology.
Learn More about Loss Given Default

Complying with IFRS 9 Impairment Calculations

International Financial Reporting Standards 9 (IFRS 9) requires firms to take account of future expected credit losses (ECLs) to calculate provisions for their financial instruments, investment portfolios, loan books, and trade receivables. This change requires the use of forward-looking analytics. With deadlines fast approaching, are you prepared for the transition?

IFRS 9 addresses the accounting for financial instruments and contains three main topics:

  • Classification and measurement of financial instruments.
  • Impairment of financial assets.
  • Hedge accounting.

Our approach follows the traditional method of estimating ECL from its base components: Probability of Default (PD), Loss Given Default (LGD, which is the severity of loss in the event of default), and Exposure at Default (EAD).


Assessing ESG Factors in Credit Risk Analysis

S&P Global Market Intelligence’s Credit Assessment Scorecards provide a structured framework for assessing credit risk, generating credit scores that are designed to broadly align with credit ratings from S&P Global Ratings.[1]

Our Scorecards enable ESG factors to be considered in credit risk analysis in a transparent and structured way, while working through the regular credit assessment process.

For each of the three ESG dimensions, we first define the ESG credit risk factors, which are the factors that influence the capacity and willingness of an obligor to meet its financial commitments and that can have negative or positive credit impacts.

We then provide guidance on how to integrate these factors into the credit assessment. This analytical process remains mostly evidence-based, qualitative and, accordingly, rules driven.

[1]  S&P Global Ratings does not contribute to or participate in the creation of credit scores generated by S&P Global Market Intelligence. Lowercase nomenclature is used to differentiate S&P Global Market Intelligence PD credit model scores from the credit ratings issued by S&P Global Ratings.


Discover the essential credit management solution.

  • ProSpread™
  • RatingsXpress®
  • CreditWire® on Bloomberg

Automatically extract and spread data from Images and PDF financial statements with ProSpread™

Eliminate the time-consuming process of manually inputting financial statement data into your tools with ProSpread, a powerful workflow solution for automatically extracting and spreading data from financial statements. With ProSpread’s Optical Character Recognition technology, your credit risk and analytical teams can:

  • Extract the data you need from financial statements in multiple languages, and spread this into the appropriate data fields seamlessly. 
  • Go beyond data extraction and obtain insights. With our Credit Analytics suite of analytical models, you can score companies with extracted financials, in a matter of minutes.

Request Demo

Spend more time conducting analysis, and less on managing credit data.

You need the right data to make the right decisions, and you need to get it quickly. With RatingsXpress®, you’ll receive S&P Global Ratings credit ratings in bulk when you need them most.

Power portfolio and enterprise risk functions, represent your portfolio in public, statutory, and regulatory reports, with access to ratings data through S&P Global Market Intelligence, via third-party datafeeds or desktop platforms.

Through our integrated bulk feed management solution, ratings content is organized into packages defined by issuer sectors and contains issuer-and issue-level details, plus extensive descriptive data for each instrument. Our solution also offers delivery of credit ratings from Moody’s Investor Services, Fitch Ratings, Japan Credit Ratings, and Rating and Investment Information Inc.

Request a Demo

Access credit ratings and research from one of the most respected ratings authorities.

Easily tap into the ratings and analysis you need to help make informed financial decisions with CreditWire®, available on the Bloomberg Professional™ platform.

CreditWire keeps you connected to the fixed-income market and on top of ratings actions as they occur. Comprehensive analysis brings you an understanding of the underlying credit forces and critical trends in the industries you follow.

Our broad coverage provides access to ratings, credit news, summary analyses, research updates, daily ratings screens, and CreditWatch lists for the Global Issuers, Structured Finance, and U.S. Public Finance sectors.

Request a Demo

Get the full picture of your credit risk exposure.


Read our case studies