Case Study: a leading financial institution streamlines municipal credit risk analysis with S&P Global Market Intelligence PFAST

Wealth management team gains efficiencies using tool to manage U.S. municipal exposures

A leading financial institution's wealth management team needed to streamline its cumbersome credit risk surveillance process for its portfolio of thousands of municipal entities. Their previous solution was inadequate, leading to manual data collection, an unreliable credit scoring tool, and long support wait times. They partnered with S&P Global Market Intelligence to address these challenges and increase their efficiency.

S&P Global Market Intelligence implemented its PFAST solution, an Excel-based suite of automated Credit Assessment Scorecards. This tool automated data collection and credit scoring for a broad range of municipal sectors, allowing the team to score portfolios in minutes instead of hours. The solution provided methodology transparency and robust support, enabling the financial institution to achieve significant productivity gains and a more efficient credit assessment process.