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Access to CP's offerings
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Comprehensive financial
models and modeling services
available for investment professionals and Capital market
organizations.
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CP's Risk Ratings provide
unparalleled insight on global companies in a very timely
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CP's Industry Risk Reports
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Increase coverage and lower
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CreditPointe provides custom
services according to company and analyst specific formats
and criteria in a fraction of the time it typically
takes.
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FOR GENERAL RELEASE
Media Inquiries:
John LaRocca
CreditPointe, Inc.
480-239-7375 |
General Inquiries:
Jim DeWaele
CreditPointe, Inc.
781-493-6923 |
CreditPointe announces the launch of its credit ratings
and models on public companies
Intent is to provide objective, timely and comprehensive
assessment of credit risk in public companies around the
world
January 24, 2008, Westwood, MA - CreditPointe, Inc.,
announced the launch of its credit ratings on public companies
for institutional subscribers through its online portal.
Starting with the U.S. Retail Sector, the company will initiate
coverage of all public companies around the world over time.
CreditPointe's credit rating service will also include in-depth
fundamental financial models to allow analysts to conduct
their own sensitivity analysis.
"Historically, there has always been an issue with
timeliness and depth of coverage with the ratings issued
by the major rating agencies. We intend to fill this significant
void. CreditPointe's unique knowledge-based technology,
credit rating algorithms and experienced analyst teams allow
it to update its ratings within hours of a corporate action
or other significant event," commented John LaRocca,
SVP, Corporate Credit, at CreditPointe.
"We are very excited about this offering. The offering
reflects over 20+ years of academic research in the area.
Our rating process is substantially algorithmically driven
based on a set of statistical models and adjusted based
on the judgment of our experienced ratings team. Given our
powerful knowledge-based technology, we are able to scale
to cover all public companies in a very timely and cost
effective manner" commented Dr. Venkat Srinivasan,
the company's CEO.
CreditPointe's mission is to provide Capital markets, Corporations
and Financial Institutions around the world with best-in-class
credit risk ratings, fundamental financial models and associated
products and services. In addition to its own analytical
products, CreditPointe also provides custom services ranging
from spreading private company financials to applying client-specific
rating algorithms using its powerful technology platform.
With its technology leverage, the company is able to offer
order of magnitude improvement in quality and reduction
in costs over current providers.
About CreditPointe, Inc.
CreditPointe, Inc. is a private company specializing in
providing analytical products and services on global public
companies. An experienced team of industry veterans led
by Dr. Venkat Srinivasan launched CreditPointe Inc. to address
the growing need to provide corporations and financial institutions
with timely, cost effective analytical products and services
on companies around the globe. CreditPointe is a subsidiary
of Rage Holdings, LLC, a business incubator focused on incubating
capital efficient, process-aware businesses. To learn more
about CreditPointe, visit www.creditpointe.com.
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