Markit launches credit and portfolio analysis tool for loan market

Source: Markit

Markit (Nasdaq: MRKT), a leading global provider of financial information services, today announced the launch of Markit WSO Credit Manager, a credit and portfolio analysis application for investment professionals focused on bank loans.

Credit Manager was designed in partnership with CVC Credit Partners and other industry experts.

The application helps portfolio managers and credit analysts make investment decisions by centralising the data they need to select investments, monitor credit performance and identify risk.

Credit Manager streamlines credit selection with screening functions that filter investment opportunities based on technical and fundamental criteria. The system alerts users about changes to portfolio holdings and provides collaboration tools to help investment teams coordinate their response if action is required. Dashboards in the application display portfolio level risk and performance information such as concentrations, relative value and weighted average metrics.

Philip Raciti, managing director and portfolio manager at CVC Credit Partners, said: “We operate in a dynamic environment, and we need to have access to sophisticated credit and portfolio analysis. Markit WSO Credit Manager gives us the tools we need to focus on managing risk and our portfolios.”

Mark Schultis, managing director and head of WSO at Markit, said: “Credit Manager puts loan information at the fingertips of investment teams so they can spend less time assembling data and more time understanding movement in this complex market. With this expansion, Markit provides an integrated solution for the entire asset management enterprise, helping investment professionals and operations teams work together efficiently.”

Markit offers a comprehensive solution for efficient loan management. This includes portfolio management services, loan pricing, loan indices, loan reference data, agent servicing portals, automated trade settlement, loan messaging hubs, counterparty identifiers and data and front office solutions. 

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