FT Interactive Data has integrated RiskMetrics' CreditGrades product with its fixed income portfolio analytics platform BondEdge to provide its clients with credit risk reports.
The new module, which combines RiskMetrics' theoretical credit default spreads and probabilities data with recent pricing information from BondEdge, allows users to access reports indicating the default risk for each bond.
FT Interactive Data says the integrated system will provide users with a clearer picture of the risks inherent in their portfolios.
Teri Geske, senior vice president, product development, BondEdge, comments: "We've created a tool set which not only allows clients to monitor potential credit risk, but to understand fully the rationale behind that assessment as well."