Credit Where It's Due: Fitch Wrote the Book on this one

Friday, February 05, 2021 / 10:17AM / By Cfi.co / Header Image Credit:BBC/FitchRatings

Fitch Ratings has been creating valuefor global markets and challenging conventional thinking since 1923, when itinvented its now-familiar AAA to D ratings scale.

As a division of Fitch Group, the firm is dedicated toproviding credit ratings and independent, forward-looking credit opinions.Fitch Ratings offers global perspectives shaped by local market experience andcredit market expertise.

In an era of volatilityand technological transformation, Fitch remains committed to providingtransparency and insights to empower clients to make better-informed decisions.The additional context and perspective have helped investors to fund growth andmake important judgments with greater confidence.

"As the importanceof ESG concerns became increasingly apparent, Fitch was the first agency tosystematically publish opinions on the relevance of ESG to individual creditratings."

Global interconnectednessand the current speed of change mean Fitch experts are in constant demand. Thecompany has more than 4,000 employees drawing on the experience of some 20,000entities, including sovereigns, businesses and investment products. Fitch'sability to view things from all angles, simplify complex issues, and provideconsistent, transparent intelligence gives it the edge in a highly competitivemarket.

Global Enterprise and IndustryExperience

Behind Fitch's offeringsstands a global enterprise focused on credit market needs. It is backed bysector and regional specialists with profound experience and world-classinsight.

More than4,000 employees in over 30 countries, including 1,600 analysts
Coverage of 200countries
45 officesworldwide with more than half in emerging and growth markets.

Fitch Ratings is distinguished by broad sector expertise that has been developed andhoned by 100 years of industry and analytical experience. Fitch's rigorousanalysis has led to the creation of market-leading tools, methodologies,indices, and analytical products to help investors manage risk and grow theirbusinesses.

ESG, Fitch in China and More

In response to thepandemic, Fitch last year published 1,100 reports and commentaries thatdistinguish it from its competitors with their insight. From timely assessmentsof Australian bushfires and flooding in China to global lockdowns and vaccinedevelopments, Fitch has been providing market participants with unmatchedanalysis and evaluation.

Fitch Group strives toexpand its offering beyond credit ratings and research, market solutions andservices, training and professional development. As the importance of ESGconcerns became increasingly apparent, Fitch was the first agency tosystematically publish opinions on the relevance of ESG to individual creditratings. Fitch's in-depth database - covering more than 150,000 related datapoints on 10,750 entities and transactions - remains unmatched.

In a bold move last year, Fitch Ratings enteredChina's credit-rating market as part of the country's partial trade deal withthe US. "We're confident that market participants will continue to value ourindependent analysis, transparent methodologies and rigorous ratings process inline with international best-practice," said Danny Chen, chief executive ofFitch Bohua.

Credits

The post Credit Where It's Due: Fitch Wrote the Book on This One by the EU Commission first appeared in Cfi.co newsletter on Wednesday,February 03, 2021.