Derive adjustments for 12-month and lifetime PDs based on S&P Global Ratings’ default and ratings migration data for 15,000 companies, 175,000 securities, 250,000 structured finance issues, and 175+ sovereign ratings across the globe. Evaluate future default and ratings migration scenarios, adjust internal model calibrations, stress test assumptions, and benchmark internal performance—plus bridge gaps in internal ratings data. Support selection of factors considered when determining changes in credit risk with access to 20+ years of historic credit ratings from S&P Global Ratings across all S&P Global Ratings sectors, including 9,000+ global issuers, 600 government entities, 15,000 structured finance deals, and 850,000 securities. Build a competitive edge with data covering 99% of the world’s total market capitalization.