Bloomberg Adds Credit Benchmark Data

Bloomberg will make Credit Benchmark’s credit risk data, derived from risk views of large financial institutions, available on the Bloomberg Terminal and to license for enterprise use cases. The anonymised consensus data adds to existing credit risk datasets and risk indicators, providing complementary content to help market participants assess the credit quality or risk of default of a counterparty, company or entity, all integrated within their existing workflows. Credit Benchmark data can help support risk management, loan and debt underwriting, portfolio optimisation, supply chain risk management, investment idea generation, and is a means of assessing ongoing credit quality.