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

Recorded Webinar: Best practice approaches to data management for regulatory reporting

Effective regulatory reporting requires firms to manage vast amounts of data across multiple systems, regions, and regulatory jurisdictions. With increasing scrutiny from regulators and the rising complexity of financial instruments, the need for a streamlined and strategic approach to data management has never been greater. Financial institutions must ensure accuracy, consistency, and timeliness in their...

BLOG

Gresham Enhances Investment Management Reconciliation Platform with New Web Interface and API

Gresham Technologies, a global provider of enterprise data automation solutions for the financial services sector, has announced a significant update to its reconciliation platform, Control for Investment Management, which introduces a streamlined web-based interface aimed at improving daily oversight of critical data, while preserving the platform’s core reconciliation capabilities. New functionality includes an API designed...

EVENT

Buy AND Build: The Future of Capital Markets Technology

Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

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...