Case Study: a leading energy company streamlines enterprise-wide credit risk management with S&P Global Market Intelligence

Creating an Efficient Enterprise-Wide Credit Risk Management System for a Leading Energy Company

S&P Global worked with a large multinational oil and gas company that needed a more efficient, standardized way to manage credit risk across its global enterprise. The company’s teams were manually tracking hundreds of thousands of counterparties across three regions, and they wanted a consistent methodology for assessing creditworthiness and analyzing entire portfolios of rated and unrated public and private companies.

S&P Global implemented its Credit Analytics solution, including quantitative credit models, a Probability of Default Fundamental Model, an Excel plug-in, and a customized Excel workflow template. With training, testing, and ongoing support, the company gained a faster and more scalable approach to counterparty risk scoring, smaller internal teams, better collaboration between trading and credit risk groups, and broader visibility into credit risk across its global operations.