Brexit Risk And The Wisdom Of Crowds
The UK referendum decision to leave the EU may have taken markets and betting exchanges by surprise, but Credit Benchmark data shows that IRB banks
June 24, 2016
The UK referendum decision to leave the EU may have taken markets and betting exchanges by surprise, but Credit Benchmark data shows that IRB banks
The Basel Committee on Banking Supervision is proposing significant changes to the use of internal risk models by IRB banks, and the final date for
If the Basel Committee on Banking Supervision implements its March 2016 proposals this year, banks will need to expand their historical default datasets in order to
This White Paper shows that consensus credit risk data sourced from IRB banks can be combined with market data to give realistic, indicative valuations for a
In the current low yield environment, many Sovereign bonds issued by different countries are priced at similar levels. However, this report demonstrates that default probability
The economic impact of Trump’s 2024 election victory will be far reaching. This report from Credit Benchmark draws on internal credit ratings collected from global banks to show default risk trends for sectors most likely to be affected.
Our Credit Transition Matrices (CTMs) facilitate the modelling of default risk. The CTMs are constructed using the full breadth of Credit Benchmark’s dataset, which includes over 100,000 consensus entities, ensuring long-term stability. These CTMs can be used to plot broad credit trends, build sector-specific views, or produce term structures for use in portfolio modelling.
Growing commodity exports may see African sovereign default risk improve by 10%+ in next year, according to Credit Benchmark’s credit risk forecast.
UK water firms are under scrutiny after the recent default of Thames Water owner Kemble; Credit Benchmark’s consensus risk data has been flagging problems in the water sector for some time. Default risk forecasts estimate that sector risk is set to rise by at least 10% in the next year, with potential to rise by as much as 20%.
US Commercial Real Estate continues to face challenges. According to Credit Benchmark, default risk for Industrial & Office REITs has jumped by 50% in the last 2 years and is projected to rise by at least another 30% this year.
Credit Benchmark brings together internal credit risk views from over 40 leading global financial institutions. The contributions are anonymized, aggregated, and published in the form of consensus ratings and aggregate analytics to provide an independent, real-world perspective of credit risk. Risk and investment professionals at banks, insurance companies, asset managers and other financial firms use the data for insights into the unrated, monitoring and alerting within their portfolios, benchmarking, assessing and analyzing trends, and fulfilling regulatory requirements and capital.
Please complete the form below to arrange a demo.