Who we are
Credit Benchmark is a financial data and analytics company that brings together internal credit risk views from 40+ of the world’s leading financial institutions.
What we do
Credit Benchmark provides Credit Consensus Ratings and Analytics calculated based on contributed risk views from 40+ leading global financial institutions, almost half of which are GSIBs. These institutions are domiciled in the US, Continental Europe, Switzerland, the UK, Japan, Canada, Australia, and South Africa. The contributions are anonymized, aggregated, and published twice monthly in the form of Credit Consensus Ratings and Credit Indices.
Why consensus credit risk data
Credit Benchmark meets a long-standing need for an alternative or complement to the two traditional credit risk content providers: issuer-paid rating agencies and third-party model vendors.
For regulatory and business reasons, banks have each created their own regulated internal credit rating agency to assess the creditworthiness of tens of thousands of obligors. By collecting, aggregating, and anonymizing this information, Credit Benchmark provides an independent, real-world measure of risk on rated and unrated entities globally, delivered fortnightly to our partners.
The first of its kind, “credit consensus” provides a new, different view of credit risk that is neither an agency rating nor a model output, offering coverage, depth, and collective insight available nowhere else. The credit consensus outputs reflect the expertise of more than 20,000 credit analysts across our contributing partners – a powerful example of the wisdom of crowds.
Better Aligned
Unique insight into how financial institutions are assessing the credit risk they are exposed to, in contrast to legacy issuer-paid model
The Power of Consensus
Multiple contributions to the consensus minimize chances of missing credit risk changes
More Frequent
Twice-monthly updates provide dynamic indicators into underlying deterioration or improvement in credit quality
More Coverage
Coverage of 110,000 public and private entities, the vast majority publicly unrated
Credit Risk Solutions
Specialty Credit & Political Risk Insurance
Corporate Treasury
IFRS 9 / CECL Impairment Benchmarking
Securities Finance & Prime Brokerage
Bank Credit Risk Management
Significant Risk Transfer / Capital Relief Trades
Central Counterparty Clearing Houses (CCPs)
Fund Financing
Testimonials
Experienced Leadership
Credit Benchmark was founded in 2013 by two experienced entrepreneurs, Mark Faulkner and Donal Smith, who had previously worked together on Data Explorers, founded by Mark in 2002 and now part of IHS Markit.
Expert Investment
The company is backed by leading venture capital firms Index Ventures and Balderton Capital.
Strong Governance
Credit Benchmark’s Advisory Board, chaired by Craig Broderick (former Chief Risk Officer of Goldman Sachs) provides guidance on Credit Benchmark’s strategy and market positioning. Robust internal compliance and policy standards are adhered to to ensure the quality and relevance of the data output.
Data that works for you
Credit Benchmark data is available via our Web App, Excel add-in, API, flat-file download, and third-party channels including Bloomberg.
Contact us for a free 30-day trial of our premium data on the Bloomberg Terminal.
