Case Study: an export credit agency strengthens bank due diligence and reduces exposure with S&P Global RatingsDirect and Capital IQ Pro

An Export Credit Agency Leverages Credit Ratings and Industry Data to Minimize Unwanted Exposure

A leading export credit agency in the Middle East and Africa needed to minimize risk when lending to regional importers and exporters. Its risk and economics team was spending excessive time manually gathering data from public sources to assess the creditworthiness of correspondent banks, a process that was inefficient and prone to error. To streamline their due diligence, the agency turned to its existing vendor, S&P Global, for a more integrated solution.

S&P Global implemented its S&P Capital IQ Pro platform, which includes RatingsDirect® for credit ratings and research. This single solution provided the agency with comprehensive data, analytics, and automated workflow tools. The results included a significant increase in operational efficiency, a reduction in manual errors, and an enhanced ability to monitor for early warning signals of credit deterioration, thereby better protecting the agency's assets from unwanted exposure.