Fitch Solutions has set up a new bank credit model. The Fitch Solutions Bank Credit Model offers daily financial implied ratings and implied CDS spreads for 9,500 global banks to enable risk managers better their credit and counterparty risk surveillance and also to comply with regulatory and internal requirements.
The new product provides risk managers with a set of valuable new inputs by combining financial and market-based indicators with exhaustive industry coverage. The model can be availed either as a stand-alone data feed or through Fitch’s Integrated Data Service.
Click here for the release from Business Wire.