The Astleigh Alert Service - provides Standard & Poor’s up-to-date counterparty credit ratings, credit rating outlooks and summary credit research on up to 50 banking groups. The service is provided in three portfolios; a UK bank portfolio; a UK & European bank portfolio and; a UK, European and Global bank portfolio. The portfolios are progressive and designed to meet the diverse needs of a broad range of subscribers with few and numerous counterparty exposures.
What service will Astleigh provide?
- Prepare and circulate a monthly list of all current ratings in the chosen portfolio together with rating outlooks.
- Prepare and email a summary of the ratings of each institution, rating history, key rating factors, written summary analysis and rating outlook. This will be extracted from and provided when Standard & Poor’s updates its full analysis. Summary rating updates will be forwarded when published.
- Monitor Standard & Poor’s rating information services each day to see if there have been any counterparty credit rating announcements or changes within the portfolios.
- Notify subscribers by email within 24 hours of becoming aware of any rating changes.
- Emailing rating rationale underlying any rating or outlook change as soon as it is available.
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Astleigh’s Alert Service can help Finance Directors and Treasurers to:
- Enhance internal treasury risk management policies through
- More closely monitoring the credit ratings of your banks
- Being able to assess the relative counterparty credit risk between banks
- Being informed of the potential for a rating change through rating outlooks
- Being informed of changes in the actual credit ratings of your banks within 24 hours of announcement
- Know the domestic country rating of the bank
- Have a brief rating history to understand rating trends
- Obtain more competitive market rates
- Reduce concentration risk with a more diverse group of counterparty banks.
- Demonstrate to Boards, Governors and other parties you are monitoring credit risk.
- Relax in the knowledge that you will be informed and do not have to seek the information.
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Contact us for further information
