Standard & Poor’s (S&P) Valuation and Risk Strategies has increased the number of public companies included in its daily probability of default (PD) calculations, to 6,978 in Europe, the Middle East and Africa (EMEA), and 31,036 companies worldwide.
Calculated as a forward-looking assessment over a one-year period, the PD measure provides an instant view of credit risk across a large and growing universe of counterparties.
Available to investment and risk managers subscribing to the Global Credit Portal or clients of S&P’s custom Global Data Solutions, S&P’s PD calculations provide an estimate of the probability that over the course of a year an issuer obligor will default on its contractual payment obligations on a bond.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more