ICE Data launches new analytics suite
09 May 2019 New York
Image: Shutterstock
ICE Data Services has launched a new suite of analytics, ICE Credit Risk.
The analytics measure credit risk by combining daily market credit risk analytics with monthly fundamental credit views from financial institutions.
ICE explained that consensus estimates will be provided on an exclusive basis by Credit Benchmark.
William Haney, Credit Benchmark’s CEO, said: “ICE’s expertise in delivering rich fixed income analytics to the market makes them a natural collaborator with Credit Benchmark. Our consensus data will help power the new ICE Credit Risk offering further extending the use of our network-sourced analytics. Given where credit markets are trending, this launch is well timed and gives investors an important edge.”
Lynn Martin, president and COO of ICE Data Services, added: “The current approaches in the market used to measure credit risk are either slow to respond to market activity, do not measure risk at a security level or do not take into account more fundamental reviews of credit risk.”
“As such, market participants lack a single, up-to-date view that combines fundamental company analysis with current market data including liquidity scores, market-reflective spreads and related price analytics. Through our collaboration with Credit Benchmark, we’re able to quickly launch an innovative new product that will provide more transparency and new risk management tools to the bond market.”
The analytics measure credit risk by combining daily market credit risk analytics with monthly fundamental credit views from financial institutions.
ICE explained that consensus estimates will be provided on an exclusive basis by Credit Benchmark.
William Haney, Credit Benchmark’s CEO, said: “ICE’s expertise in delivering rich fixed income analytics to the market makes them a natural collaborator with Credit Benchmark. Our consensus data will help power the new ICE Credit Risk offering further extending the use of our network-sourced analytics. Given where credit markets are trending, this launch is well timed and gives investors an important edge.”
Lynn Martin, president and COO of ICE Data Services, added: “The current approaches in the market used to measure credit risk are either slow to respond to market activity, do not measure risk at a security level or do not take into account more fundamental reviews of credit risk.”
“As such, market participants lack a single, up-to-date view that combines fundamental company analysis with current market data including liquidity scores, market-reflective spreads and related price analytics. Through our collaboration with Credit Benchmark, we’re able to quickly launch an innovative new product that will provide more transparency and new risk management tools to the bond market.”
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