RiskMetrics and Standard & Poor's have entered an agreement to integrate their respective credit risk products for portfolio analysis.
The two firms will build an interface between Standard & Poor's CreditModel, an Internet-accessible credit scoring model for public and private firms, and RiskMetrics' CreditManager, a credit portfolio risk measurement, analysis, and reporting tool.
The interface will allow customers to access CreditModel analytics and generate obligor credit scores directly from within CreditManager. While not actual credit ratings, the CreditModel scores reflect Standard & Poor's analysis experience in each sector.
Peter Bernard, executive director of RiskMetrics Group, says: "The integration is a logical step in our drive to make credit portfolio risk analysis systematic, intuitive, and actionable."