About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Fitch Solutions Launches Global CDS Indices

Subscribe to our newsletter

Fitch Solutions, a division of the Fitch Group, has today launched a new family of global CDS indices – including 15 regional sovereign indices, over 40 industry level corporate indices and a further 70 sub-sector corporate indices – which are designed to provide portfolio and risk managers with a comprehensive insight into the direction of credit risk, portfolio correlations and wider CDS market trends.

The Corporate CDS Indices family are uniquely liquidity driven and cover the top 75% of the most liquid names based on Fitch’s existing global CDS liquidity scores service, which utilizes data derived from banks which are members of Fitch’s global pricing services consortium.

“This new generation of indices will provide a powerful addition to Fitch Solutions’ CDS pricing and valuation product suite, enabling users to conduct longer term trend analysis of spread movements by region, country, industry sector or sub-sector,” said Thomas Aubrey, Managing Director, Fitch Solutions, London.

“The combination of Fitch’s CDS liquidity scores, CDS implied ratings and CDS indices will enable users to overlay liquidity trends on spread trends to help identify sector or regional outliers – enhancing the decision making which underpins effective portfolio and risk management,” Aubrey added.

The CDS indices track daily spread changes and incorporate over five years of searchable historical data. In addition to indices across Europe, the Americas, Asia Pacific and Middle East & Africa, Fitch Solutions can provide bespoke country and instrument subordination level indices. This service can be used for correlation analysis, peer comparison and benchmark creation, including those for entities which are not actively traded or where there is no CDS data.

Both the liquidity driven and fixed component index families are equally weighted and, for industry levels, sub-sectors are aggregated based upon relative size in order to preclude a bias towards any one sector – for example, to avoid over representation of the banking sector within the Financials industry index. The liquidity driven set is rebalanced every 3 months.

The indices data will initially be made available to users upon request and will shortly be incorporated within Fitch Solutions’ Integrated Data Service (IDS). Commentary on the indices can be found in Fitch Solutions’ regular Risk & Performance Monitor and Global CDS Liquidity Scores publications.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Unlocking Transparency in Private Markets: Data-Driven Strategies in Asset Management

10 September 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes As asset managers continue to increase their allocations in private assets, the demand for greater transparency, risk oversight, and operational efficiency is growing rapidly. Managing private markets data presents its own set of unique challenges due to a lack of transparency,...

BLOG

The Data Year Ahead: More Data Formats and Use Cases

In the second part of our preview of the next 12 months in data management, we take in the views of experts who offered Data Management Insight their thoughts on a range of developments, including the increased use of unstructured data, the wider application of data sets and distribution challenges. 1 Data Governance, Quality and Technologies Ian...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...