Morningstar Adds Moody’s Credit Ratings to Data Feeds
LONDON, - - Morningstar UK Ltd, a subsidiary of independent investment research firm Morningstar, Inc. (NASDAQ: MORN), has announced that credit ratings from Moody’s Investors Service, which provides credit ratings and research covering debt instruments and securities, are now available to institutional investors through Morningstar’s suite of data feed solutions.
Moody’s credit rating data covers all current public Moody’s ratings on banks, corporations, sovereign entities and structured finance. The ratings data will be available to Morningstar’s institutional clients worldwide on a requested, bespoke basis. Institutional clients will be required to hold a Moody’s ratings license in order to access the data.
“With many institutions now facing new capital rules and requirements, such as Solvency II for insurers, the addition of the Moody’s credit ratings data will further support our clients in their credit risk analysis and regulatory reporting”, said Kunal Kapoor, head of client solutions for Morningstar. “We are pleased to be able to offer clients a choice of independent credit ratings data from leading providers, which institutions are now required to access in their reporting standards under the Solvency II regulation.”
About Morningstar, Inc.
Morningstar UK Limited is a subsidiary of Morningstar, Inc., a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individuals, financial advisors, and institutions. Morningstar provides data on approximately 416,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 9 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its registered investment advisor subsidiaries and has approximately U.S.$149 billion in assets under advisement and management as of Dec. 31, 2012. The company has operations in 27 countries.
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.