Bloomberg Adds New Risk Data to Terminal

Bloomberg has expanded the credit risk datasets on its Terminal with the addition of data from Credit Benchmark to support credit assessments and predictive models during market volatility for users. The anonymized consensus data from Credit Benchmark includes risk views of large financial institutions globally. It will be available on the Terminal and for license alongside existing credit risk datasets and risk indicators on the system to assess the credit quality or risk of default of counterparties or companies.  With Credit Benchmark data on the Terminal, Bloomberg said it can also support risk management processes, loan and debt underwriting, portfolio optimization, supply chain risk management, and aid investment idea generation. The pandemic has increased demand for independent data for market participants as a means of additional reassurance to validate their own internal counterparty and credit risk assessment and to supplement data from external agencies.