Standard & Poor’s announced today the availability of CreditPro® 4.5. The product, an upgrade of CreditPro® 4.0, includes data through Dec. 31, 2000 and is designed for credit professionals who need to analyze credit risk on a portfolio basis, using the global rating service’s historical information about defaults and rating migration. CreditPro® is a PC-based software and data package, currently delivered on CD-ROM, that provides default and rating transition data by industry, by region and by time period, as well as recovery data by seniority ranking. CreditPro’s new release includes, for the first time, tables based onindividual quarterly static pools, average default rates based on user-selected time ranges, summary loss rate updates based on Portfolio Management Data’s (PMD) loss database, and data on sovereign Outlook performance. Along with the tables, the package provides rating histories for all defaulted companies, sovereign default and rating transition statistics, and recovery data both for individual issues and for industries. Standard & Poor’s is offering free CreditPro® demo discs to interested parties.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.