Standard & Poor's Corp.
From MarketsWiki
| Standard & Poor's Corporation | |
| |
| Founded | 1941 |
|---|---|
| Headquarters | New York |
| Key People | Deven Sharma, President; Vickie Tillman, EVP |
| Products | Ratings, risk evaluation, indices, research, data |
| Web site | www.standardandpoors.com |
Standard & Poor's Corp. provides credit ratings, indices, investment research, risk evaluation and data for investors. The corporation analyzes issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. It also provide insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with debt-securitized instruments.
- Over $1.5 trillion in investment assets is directly tied to S&P indexes, and more than $5 trillion is benchmarked to S&P indices - more than all other index providers combined.
- The total amount of outstanding debt rated by S&P globally is approximately U.S. $34 trillion, in 100 countries. In 2006, Standard & Poor's Ratings Services published more than 495,000 ratings, including new and revised ratings.
- The S&P Global 1200 covers 31 markets and approximately 70 percent of global market capitalization.
- Standard & Poor's Equity Research offers fundamental coverage on over 2,000 stocks.[1]
Contents |
Products and Services
Standard & Poor's Indices
Standard & Poor's Index Services maintains a wide variety of investable and benchmark indices. Its family of indices includes the S&P 500, an index with $1.3 trillion invested and $4.8 trillion benchmarked, and the S&P Global 1200, a composite index comprised of seven regional and country headline indices.
Working with organizations through licensing agreements or to create and license a broad array of indices, with the imprimatur of S&P's name, is a major business of Standard & Poor's.
As of November 2007, it listed[2]:
- S&P global indices (15)
- S&P U.S. indices (29)
- S&P Canadian indices (16)
- One S&P Latin American index, the S&P Latin America 40
- S&P European indices (7)
- S&P Asian indices (20)
- S&P Japanese indices (5)
- S&P Australian indices (14)
- S&P emerging market indices (8)
- S&P alternative indices, including real estate, hedge fund, commodity indexes and others (22)
- S&P fixed income indices (23)
- S&P strategy indices - Standard & Poor's also creates custom indices to take advantage of investment strategies that normally cannot be replicated using existing index calculation methodologies (13).
Credit Ratings
Standard & Poor’s provides credit ratings and credit risk analysis. They have credit ratings outstanding on approximately US$34 trillion of debt in more than 100 countries.
Fund Services
Standard & Poor's Fund Management Ratings provide insight into the performance of the world's leading investment funds by examining how managers have achieved performance. Extensive fund research for clients and fund shortlists to help clients process fund selection are part of those services.
Equity Research
Standard & Poor's independent equity research covers approximately 2,000 stocks globally. Neither Standard & Poor's nor its parent company, The McGraw-Hill Companies, conducts any investment banking or securities underwriting activities.[3]
Risk Solutions
Standard & Poor's Risk Solutions address major components of an internal rating system, including tools and methodologies for the analysis of probability of default, loss given default, and exposure at default.[4]
Data Services
Standard & Poor's provides vital credit, company, index, funds, reference and pricing data to support your financial models and company and industry analysis. This includes company fundamental analysis, credit information, index performance data, reference data, and securities pricing.[5]
History
Standard & Poor's traces its origins to the publication, in 1860, of Henry Varnum Poor's History of Railroads and Canals in the United States, a precursor of modern stock reporting and analysis.
- In 1906, the Standard Statistics Bureau was formed to provide previously unavailable financial information on U.S. companies.
- In 1916, Standard Statistics began to assign debt ratings to corporate bonds, with sovereign debt ratings following shortly thereafter.
- In 1940, municipal bond ratings were introduced.
- In 1941, Poor's Publishing and Standard Statistics merged to form the Standard & Poor's Corp.
- In 1966, The McGraw-Hill Companies, Inc. acquired Standard & Poor's.[6]
Key People
Deven Sharma is president and Vickie Tillman is executive vice president of Standard & Poor's Corp.
References
- ↑ Overviews. Standard & Poor's. Retrieved on November 21,2007.
- ↑ "S&P Indices”. www.standardandpoors.com. Retrieved on November 21,2007.
- ↑ "Equity Research”. Standard & Poor's. Retrieved on November 21, 2007.
- ↑ "Risk Solutions”. Standard & Poor's. Retrieved on November 21, 2007.
- ↑ "Data Services”. Standard & Poor's. Retrieved on November 21, 2007.
- ↑ "History”. Standard & Poor's. Retrieved on November 21, 2007.



