New York, NY, April 24, 2019 --(PR.com
)-- Credit Benchmark
, the leader in consensus credit data and analytics, announced the establishment of a new advisory board led by Craig Broderick, former chief risk officer (CRO) of Goldman Sachs & Co. Mr. Broderick retired from Goldman Sachs in January 2018 after 32 years, having served as CRO from 2008-2018, and remains a Senior Director.
The advisory board that Mr. Broderick chairs will provide guidance on the company’s strategy and market positioning.
Donal Smith, chair of Credit Benchmark, noted: "Mr. Broderick brings a wealth of expertise to Credit Benchmark. His experience helping to manage Goldman Sachs’ risk over an extended and challenging period will be invaluable, and we look forward to working with him to build an advisory board that helps us develop our unique market insight."
Credit Benchmark brings together the credit views of experts to provide an entirely new source of credit risk data and analytics. Now receiving contributed credit risk inputs from more than 40 of the world’s top financial institutions, Credit Benchmark publishes monthly consensus credit risk data on over 46,000 rated and unrated counterparties globally across corporates, sovereigns, financial institutions, and funds.
Following an announcement of a $7 million investment in October 2018, Credit Benchmark continues to develop new technology and research capabilities to expand its data and analytics offering for banks, asset managers, insurers and corporates.
In addition to the consensus and entity-level insights, Credit Benchmark provides 600+ Aggregates to help customers monitor risk, sentiment, and drivers of change across countries, industries and sectors.
"Across the buy- and sell-side, we’ve seen wide interest in our analytics, particularly for counterparty risk management and investment decision-making. Our clients use the consensus and sector aggregates to monitor and understand credit trends," said William Haney, Credit Benchmark’s CEO.
About Credit Benchmark
Credit Benchmark is a financial data and analytics company offering the world’s most comprehensive market view of credit risk. By bringing together credit risk inputs from 40+ of the world’s leading banks, Credit Benchmark provides monthly insights across geographies and sectors and a unique measure of risk on rated and unrated entities globally. Credit Benchmark was founded in 2012 and is based in London and New York.
Media Contact information
Head of Marketing
Telephone: +1 646 779 1143
J. Roderick Public Relations (Representing Credit Benchmark)
Telephone: +1 631 584 2200