Revolutionizing credit ratings through data insights

Key points:

  1. Challenges of traditional ratings: The issuer-pays model limits credit rating access for mid-sized firms
  2. Value of aggregated data: Credit Benchmark gathers and anonymizes bank data, showcasing the need to understand risk across FIs
  3. Future of finance data: AI‘s potential in improving data analysis emphasizes the dynamic nature of capital markets and the necessity for adaptability

Source: https://www.oliverwyman.com/our-expertise/podcasts/innovators-exchange/aggregated-credit-data-in-ratings.html