Credit Benchmark Accelerates Global Growth with Appointment of Mats Ellefsen as Head of Sales
Credit Benchmark, the leading provider of consensus-based credit risk data and analytics, today announced the appointment of Mats Ellefsen as Head of Sales. Based in London, Mats will lead the company’s global sales strategy and execution, with a mandate to deepen client relationships and accelerate growth across all regions.
Securities Finance Made Smarter: Same-Day Efficiency Enabled with Trading Apps and Credit Benchmark Collaboration
Trading Apps, a global fintech innovator, and Credit Benchmark, the leading provider of Credit Consensus Ratings, are joining forces to transform agent lending disclosures (ALD), know-your-client (KYC) processes, and client onboarding. This strategic partnership brings unprecedented speed, efficiency, and information to the securities finance industry by leveraging Trading Apps’ TA.Link messaging platform and Credit Benchmark’s trusted data.
Credit Benchmark and Oliver Wyman Launch IRB Nexus to Help Banks Improve Model Performance and Calibration
Credit Benchmark, in collaboration with Oliver Wyman, announced today the launch of IRB Nexus, an innovative credit analytics solution that helps banks enhance regulatory compliance of their internal ratings-based (IRB) models, specifically for low- and no-default portfolios. IRB Nexus is Oliver Wyman’s modelling analytics powered by Credit Benchmark data. The solution helps financial institutions to more effectively validate their IRB models, maintain a competitive edge, and address regulatory requirements.
Credit Benchmark Appoints Joe Proctor as Head of Banking, EMEA & APAC
Credit Benchmark, a leading provider of credit risk data and analytics, today announced the appointment of Joe Proctor as Head of Banking, EMEA & APAC, effective immediately. Based in Credit Benchmark’s London office, Joe will lead the company’s business development and commercial strategy for its banking clients across EMEA & APAC.
Credit Benchmark Appoints Christa Ancri as Global Head of Marketing, Member of Management Team
Credit Benchmark, a leading provider of credit risk data and analytics, today announced the appointment of Christa Ancri as Global Head of Marketing, effective immediately. Based in Credit Benchmark’s New York office, Christa will spearhead the company’s global marketing strategy and initiatives.
Credit Benchmark Launches Credit Risk IQ Featuring Thousands of New Industry-level Risk Reports
Credit Benchmark, a leading provider of credit risk data and analytics, today launched Credit Risk IQ, a new online portal allowing users to access over 5,000 free monthly industry- and sector-level reports. These reports provide in-depth analyses on evolving macro credit trends to help market participants better identify and manage risk and capital.
Credit Benchmark appoints Matt Noll as Head of Business Development, Americas
Credit Benchmark, a leading provider of credit risk data and analytics, today announced the appointment of Matt Noll as Head of Business Development for Americas, effective immediately. Matt will be based in Credit Benchmark’s New York office and will lead the firm’s business development and commercial strategy efforts across the Americas.
Credit Benchmark says US financial institutions’ low default rate will rise in 2024, as discussed in 2024 Default Risk Outlook report on 13 US industries
Credit Benchmark, the provider of global consensus ratings and analytics, today said that the low 0.6% default rate among US financial institutions is likely to rise to 0.7% in 2024 and could go higher as lower interest earnings and higher loan-loss provisions dent the medium-term improving trend.
Credit Benchmark says US oil & gas industry has most benign default risk outlook vs. other US sectors, as discussed in 2024 Default Risk Outlook report on 13 US industries
Credit Benchmark, the provider of global credit consensus ratings and analytics, today said that the already low 1% default rate among US oil & gas companies is likely to drop further to 0.7% in 2024, positioning it as a positive outlier among US industries.
Credit Benchmark publishes 2024 Default Risk Outlook for US industries, predicting mid-year peak in default risks followed by credit recovery
Credit Benchmark, the provider of global consensus ratings and analytics, today said that it predicts that default risks will continue to rise and peak by mid-2024 across US industries, as explained in its inaugural 2024 Default Risk Outlook. However, credit quality should recover in H2 2024, assuming a more accommodative monetary policy and barring any further escalation of geopolitical risks.
