S&P Global Market Intelligence wins Waters Sell-Side Technology award for XVA and Counterparty Credit Risk

We are delighted to announce that S&P Global Market Intelligence has been awarded the "Best Sell-Side Credit Risk Product" and "Best Overall Sell-Side Technology Provider" categories in the Waters Sell-Side Technology Awards 2023. These awards are testament to the depth and breadth of critical technology solutions S&P Global Market Intelligence provides to sell-side firms.

The award for "Best Sell-Side Credit Risk Product" recognizes our XVA and Counterparty Credit Risk products which are part of the full suite of Credit and Risk Solutions provided by S&P Global Market Intelligence. The XVA and Counterparty Credit Risk products allow banks to generate deal-time insights for front-office and XVA teams with a detailed view of valuation adjustments from counterparty credit risk to funding, collateral margin and regulatory capital. The solutions also support banks in complying with counterparty credit risk and regulatory capital requirements, such as the internal models method (IMM) and the standardized approach for counterparty credit risk (SA-CCR).

The win reflects our unique combination of high-performance computing, as well as the depth and quality of data utilized within the products. When used in tandem, the XVA and Counterparty Credit Risk solutions allow risk professionals to accurately and transparently manage portfolio credit risk and valuation adjustments on large global portfolios of complex instruments.

Stuart Nield (Global Head of Product, Financial Risk Analytics, S&P Global Market Intelligence) commented, "We are delighted to win this award as it recognizes our dedication to continually improving our XVA product. We are proud to have helped our clients navigate their challenges last year, such as the transition to risk-free rates, improved performance, and the new regulatory focus on CVA in Asia. We believe our capabilities make us unique in the market."

Mark Findlay (Managing Director, Global Head of Financial Risk Analytics, S&P Global Market Intelligence) commented "We are delighted to be recognized as one of the leaders in Global Markets Risk solutions, as we continue our endeavors in leading innovation and delivering new product capabilities to our sell side customers for them to quickly and comprehensively respond to needs, especially in volatile markets."

Learn more about our XVA and Counterparty Credit Risk products, and the full suite of Credit and Risk Solutions.

S&P Global provides industry-leading data, software and technology platforms and managed services to tackle some of the most difficult challenges in financial markets. We help our customers better understand complicated markets, reduce risk, operate more efficiently and comply with financial regulation.

This article was published by S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global.