S&P Global Market Intelligence Unveils Expanded Loan Pricing Solution
Rhea-AI Summary
S&P Global Market Intelligence has launched an enhanced Evaluated Loan Pricing solution, offering independent and transparent pricing for over 8,000 leveraged loans globally. This service provides expanded coverage, delivering single price points for both composite and evaluated loans.
The solution aims to support trading, valuations, and risk management, furnishing portfolio managers and traders with valuable insights to better understand holdings, track price movements, and compare loans with similar characteristics. It also assists risk managers in assessing portfolios and making informed decisions about holding or divesting positions.
Utilizing contributor-based pricing engines and sophisticated parsing technology, the service includes bid-offer pricing, analytics, and mapping for over 400,000 industry identifiers. With over twenty years of historical data, the product is accessible via a secure web interface and can be integrated into existing workflows.
Positive
- Expanded coverage of over 8,000 leveraged loans globally.
- Offers independent and transparent pricing, aiding in trading, valuations, and risk management.
- Provides valuable insights for portfolio managers and traders.
- Supports risk assessment and decision-making for managers.
- Includes bid-offer pricing and analytics.
- Utilizes contributor-based pricing engines and sophisticated parsing technology.
- Backed by over twenty years of historical data.
- Secure web interface and easy integration into existing workflows.
Negative
- None.
News Market Reaction – SPGI
On the day this news was published, SPGI gained 0.97%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Independent loan pricing solution designed to support trading, valuations, and risk management
"We are excited to introduce our enhanced loan pricing solution, which takes our product to the next level," said Tasha Gonska, Managing Director at S&P Global Market Intelligence. "The new solution provides expanded coverage to a set of a loans that historically was not available to participants. This solution is an extension to our composite based pricing service and will offer a single price for a loan be it composite or evaluated.
Tasha added, "Our new product also offers valuable insights to portfolio managers and traders by allowing them to better understand the value of holdings, track price movements, and compare loans with similar characteristics. Additionally, risk managers can also assess their portfolios and make decisions around holding or divesting a given position based on value and issuer to peer comparison."
The loan pricing solution offers independent bid-offer pricing and analytics on leveraged loan facilities worldwide, as well as mapping for over 400,000 industry identifiers. Built based on contributor-based loan pricing engines, sophisticated parsing technology, and supplemented with an evaluated methodology.
S&P Global Market Intelligence's enhanced loan pricing solution is backed by over twenty years of historical data and is supported by a team of dedicated loan pricing specialists. It is available through a secure web interface and can be easily integrated into existing workflows.
About S&P Global Market Intelligence
At S&P Global Market Intelligence, we understand the importance of accurate, deep and insightful information. Our team of experts delivers unrivaled insights and leading data and technology solutions, partnering with customers to expand their perspective, operate with confidence, and make decisions with conviction.
S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI). S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world's leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information, visit www.spglobal.com/marketintelligence.
Media Contact
Sabrina Mayeen
P. +44 (0)20 7176 0495
E. Sabrina.Mayeen@spglobal.com
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SOURCE S&P Global Market Intelligence