Icap, Rapid Ratings Launch Credit Derivatives Ratings
Interdealer broker Icap and rating, research and analytics provider Rapid Ratings have launched a new joint credit derivatives rating service, based on pricing data sourced from Icap's trading platforms and Rapid Ratings' Financial Health Rating data, which applies industry-specific weightings to companies to provide insight into their creditworthiness. Customers can subscribe to the service directly from Icap or via the broker's vendor distribution network.
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