Fixed Income

In this release, we integrated 4.6 million U.S. municipal securities from Markit, enhancing our overall coverage of the U.S. municipal securities markets to nearly 6 million securities. We also enhanced our pricing, analytics and reference data coverage. Please note that as we update the database, you may notice differences between page views and Screener results.

Expanded coverage includes:

• Liquidity Scores: Daily liquidity scores, Quotes and Turnover counts
• Expanded end of the day Pricing, Analytics and Coverage: Bid, Mid and Ask Prices as well as more Yield, OAS, Effective Duration and Convexity data, including Avg. Life, Spread to Avg. Life, Price Type, PV01, YTM, YTW for each price type
• Improved Reference and Bond Schedule data: Credit Enhancement, Tax and Trust Status, other Municipal details, Deal Info, Remarketing and Accretion details, as well as Schedules for Calls, Put and Sinking Funds
• Enhanced User Experience: New Municipal Security Detail page and Enhanced Securities Summary Screener to include new and expanded data fields. The additional coverage is also integrated within existing Capital Issuance pages and Dashboard widgets

U.S. Municipal Bond Offerings on S&P Capital IQ Pro

Users can now access nearly 6 million U.S. municipal securities with additional reference, terms and conditions (T&C) data. About 3.7 million of these securities will feature end-of-day prices and analytics data, available on the Corporate Issuance pages within the Corporate Profile left hand navigation, Securities Summary Screener, and the S&P Capital IQ Pro Plug-in. Additionally, we introduced a new Municipal Security Detail page, which includes enhanced municipal reference data and a dedicated tab for relevant Schedule information. The expanded coverage is also available in the Search, Dashboard, Chart Builder and List Manager.

Find it in the platform:

• Corporate Profile:
  • Search for and select a U.S. municipal entity from the top search bar and navigate to Corporate Profile
  • Expand Corporate Issuance > Securities Summary from the left-hand navigation menu 
  • View the Municipal securities displayed in the Debt Capital Structure widget
  • Similarly, view these securities on the Debt Maturity Profile and Securities Pipeline tabs within the Fixed Income profile page for a focus company
• Municipal Security Detail page:
  • Search for a U.S. municipal bond using market identifiers such as CUSIP, ISIN, SEDOL, etc. from the top search bar and select the security to navigate to the new Municipal Security Detail page
  • Or Navigate to the Municipal Security Detail page from a bond’s hyperlink on Corporate Issuance page
•  Screener:
  • Navigate to Screener from the top navigation bar or from the Apps menu
  • Select Securities Summary dataset 
  • Under Recommended Criteria, choose Fixed Income Type and expand Debt Capital Markets > Municipal Bond folder
  • Or From Edit Criteria or Display Columns, expand Fixed Income folder
  • Expand sub-folders such as Close Price and Liquidity, Price Analytics (Muni), Trace Statistics etc to see additional Price or Municipal, Deal Info, Remarketing Detail and Accretion Details for Terms & Conditions data for U.S. Municipal securities

Enhanced Live Price Movement Widget in Dashboard

Users can now access an enhanced Live Price Movement widget for Corporate, Supranational, Agency, and Government (GSAC) bonds in the Dashboard.

Find it in the platform:

• Navigate to Dashboard from the top navigation bar 
• From the Add Widget menu on the top right, select Live Price Movement widget to add it to the Dashboard
• The widget displays a Price Movement Heat map for GSAC bonds with current-day pricing
• Filters include Industries/Sectors, Currency, Maturity and Liquidity Scores for Corporate bonds or Government, Agencies & Sovereign bonds on separate tabs
• Users can obtain additional details via the Corporate and Sovereign Bonds page links from the widget by clicking the hyperlinks in the Corporate Securities Heatmap

Alerts

In this release, users can now receive our AI-generated transcript summaries through our alerting capabilities. Additionally, users can also subscribe to new Midday IQ Newsletters for EMEA and APAC regions, respectively, to stay informed of region-specific market trends.

Transcript Summary Alerts

Users will now receive transcript summaries generated through AI via email, in addition to the transcript alert notifications for calls with transcripts. These summaries are categorized by topic and sentiment, enhancing the informational value of our alerts and offering users more comprehensive insights into the transcript content.

Find it in the platform:

• Click the Bell icon on the right side of the top navigation and select Create New Alert
• Add an Alert Name
• Select the necessary Alert Settings, and under Alert Filters, add companies, lists, or portfolios
• In Alert Triggers, select Transcripts
• Select Transcript Type, enter Keyword
• Check your preference for the Preliminary or Final version
• Save on the top-right corner

Regional Midday IQ Newsletters

Users can now subscribe to EMEA and APAC Regional Midday IQ Newsletters to receive customized market insights and supplementary data mid-afternoon of a business day.

Find it in the platform:

• Navigate to News from the top navigation menu
• Under More Insights, click IQ Newsletters to directly access the Subscription Center and subscribe to the regional midday IQ Newsletters
• Or click on the Bell icon on the right side of the top navigation
• Select Manage Alerts
• Click Subscription Center and subscribe to the regional midday IQ Newsletters

Document Intelligence

In this release, we added the ability to share filings & transcripts with non-Capital IQ Pro users, significantly enhancing collaboration between our clients’ colleagues and their clients.

Expanded Sharing Capability

Users can now share excerpts within a filing or transcript with non-Capital IQ Pro users, increasing collaboration between their colleagues and clients. This feature facilitates seamless knowledge exchange within teams, promoting a shared understanding of critical information quickly and securely to designated recipients.

Find it in the platform:

• Navigate to the Documents tab in the top navigation
• Click on the Documents tab to access the Document Intelligence Page
• Apply any macro or keyword filters as needed
• Navigate to the Filings or Transcripts widget to open a document
• Highlight a span of text from the document body
• Click the Copy Link icon

Search

In this release, we introduced several enhancements to improve Capital IQ Pro's search capabilities and content discovery, including ability to search for Government, Supranational, Agency, and Corporate securities (GSAC) and U.S. Municipal securities. We enhanced Document Search by adding previews for matching text-based content. Additionally, we introduced localized search capabilities for Chinese and Japanese languages within our Search experience.

Government, Supranational, Agency, and Corporate (GSAC) and U.S. Municipal Securities in Search

Users can now search for both Government, Supranational, Agency, and Corporate securities (GSAC) and U.S. Municipal securities in Top Search, using security identifiers such as ISIN, CUSIP or SEDOL.

Find it in the platform:

• Navigate to the search bar within the top navigation menu and enter keywords or security identifiers to find the desired security

Coverage stats:

• Fixed income coverage expanded by 5 million GSAC and 5 million U.S. Municipal securities, increasing our total coverage to 30 million securities

Matching Snippets Display in Documents Search

Users can now view snippets of data that prioritize full phrase matches over single-word matches in document searches, ensuring greater relevance to their search results.

Find it in the platform:

• Navigate to the search bar within the top navigation
• Search for a multi-word phrase and press Enter to navigate to the Advanced Search results
• Navigate to News, Documents and Research filter in the left-hand navigation
• Notice the highlighted snippet preview for documents that match the search term, offering a more relevant preview

Enriched Company Information in Top Search Results

Users can access an enhanced company information card directly within the top search results, providing a comprehensive snapshot of each company at a glance. This card is upgraded to include key developments, recent and upcoming events, a brief company description, a stock chart snapshot (available for U.S. based companies), and a financial overview.

Find it in the platform:

• Navigate to the search bar within the top navigation
• Search for any public company
• Hover your mouse over one of the public companies in the results to view the enriched card information on the right side

Localized Search for Chinese and Japanese Languages

Users with a Chinese or Japanese language preference can experience a more user-friendly search experience in both the Top Search and Advanced Search. They can now navigate and interact with search features more intuitively in their preferred language.

Find it in the platform:

• Ensure Language settings within the User Profile are set to Chinese or Japanese
• Navigate to the search bar within the top navigation
• Each section of the search experience is now translated into the preferred language
• Press ctrl + / for keyboard shortcuts and notice translated tooltip descriptions
• Click on Advanced Search in the top right corner of the search bar or press Enter to navigate to the advanced search page
• Various search controls are now translated to the preferred language Chinese or Japanese

Private Markets & Private Company

In this release, we enriched our Private Markets offering to enable clients with Preqin add-on subscription to see fund managers' AUM by asset class. Additionally, Private Debt fundraising, fund terms, and investment criteria are now available in Fund Profiles and within Screener, to support fundraising and manager selection workflows. Private Debt fund strategies are now incorporated in the Fundraising Trends chart to support market analysis and available to users without the Preqin add-on subscription.

Enhanced Fundraising Trends Chart

The Fundraising Trends chart is enhanced to include Private Debt strategies alongside Private Equity strategies, offering additional insights into the private markets.

Find it in the platform:

• Navigate to Transactions & Private Markets from the top navigation
• Click on Fundraising Trends to view the fundraising trend by year, fund strategy or fund manager over time

Private Debt Data Expansion

Users with Preqin add-on subscription for Private Debt  can now view asset-class specific Assets Under Management (AUM) and recently launched private debt funds directly on the Fund Manager's Corporate Profile. They can also access Fund Structure and Terms on private debt fund profiles, offering insights into management fees, carried interest, and more. Additionally, users can screen for Private Debt Fund Managers and Limited Partners using the newly added asset-class-level AUM criteria along with the enhanced fundraising, direct investment, and LP investment criteria.

Find it in the platform:

• Navigate to a fund manager´s Corporate Profile to view the Asset Class AUM widget
• Navigate to a private debt fund´s profile to view Fund Structure and Fund Terms
• Screener:
  • Navigate to Screener from the top navigation or the Apps menu
  • Select Companies Screen > Investment Firms/Funds > Direct Investment Criteria > Private Debt
  • Select Companies Screen > Investment Firms/Funds > Limited Partners Folder > Private Debt
  • Select Companies Screen > Investment Firms/Funds > Private Fund Details

Sustainability

In this release, we introduced SFDR disclosure metrics within the S&P Capital IQ Pro Plug-in to enhance transparency in users' sustainability evaluations. Additionally we updated the ESG Scores metrics, allowing users to access Question Level ESG Scores within Screener, S&P Capital IQ Pro Plugin, and Dashboard.

SFDR Disclosure Metrics and Additional Indicators in S&P Capital IQ Pro Plugin

Users can now access disclosure information for all SFDR Principal Adverse Indicators and additional indicators in the S&P Capital IQ Pro Plugin, providing them with additional insights while evaluating sustainability performance for regulatory reporting needs.

Find it in the platform:

• In Excel, launch S&P Capital IQ Pro Plug-in and open Formula Builder
• Under Data Items, expand Sustainability > SFDR > Data Source to access disclosure metrics within the Mandatory Indicators and Opt-In Indicators folders

ESG Question Level Scores metrics in Screener, S&P Capital IQ Pro Plugin and Dashboard

Users can now access updated fields within the ESG Scores dataset in Screener, S&P Capital IQ Pro Plugin and Dashboard. This allows them to screen for companies and access ESG Question Level scores and weights, along with criteria-level information.

Find it in the platform:

• Screener:
• Navigate to Screener from the top navigation bar or from the Apps menu
• Select Companies view, go to Sustainability category under Browse Criteria on the left
• Expand ESG Scores > Criteria & Question Level Scores to find the related metrics
• S&P Capital IQ Pro Plug-in:
• In Excel, launch S&P Capital IQ Pro Plug-in and open Formula Builder
• Under Data Items, expand Sustainability > ESG Scores > Criteria & Question Level Scores
• Dashboard
• Navigate to Dashboard from the top navigation
• Select List or Portfolio or Quote widget from the Add Widget menu at the top right
• Within the Field Selector, expand Sustainability > ESG Scores > Criteria & Question Level Scores

Portfolio Analytics

In this release, we added numerous enhancements to the scheduler, providing clients with greater flexibility and transparency in managing scheduled reports. Additionally, we introduced new functionalities in the Portfolio Analytics reporting tool, enabling clients to delve deeper into their portfolio holdings and assess overall exposure to specific securities across their entire portfolio universe. We also expanded the portfolio workflow on Capital IQ Pro Dashboard by integrating global portfolios accessible to all clients.

7-Year and 10-Year Rolling Periods in Scheduler

Users can now choose a rolling 7-year or 10-year period timeframe option within the Portfolio Analytics Scheduler. This enhancement enables clients to schedule recurring reports using these newly added timeframes, with delivery options available via email or FTP.

Find it in the platform:

• Navigate to the Portfolios tab from the top navigation menu
• Click on Schedules, and select Create New Schedule
• Choose your desired timeframe 7 years or 10 years

View all Associated Jobs in Scheduler

Users can now search for any portfolio, benchmark, index, or fund to view all scheduled reports associated with a specific entity. This provides complete transparency into reports that may be impacted by changes to the searched entity.

Find it in the platform:

• Navigate to the Portfolios tab from the top navigation menu
• Click on Schedules, and select Find in Schedules
• A dialog will appear displaying a list of recent portfolios
• Use the search bar to look for a specific Portfolio or Index or Fund to view a complete list of matching schedules

Total Exposure of Securities

Users can now access the total exposure (weight) of a specific security across all their portfolio holdings within a Portfolio Analytics report. This feature enhances transparency regarding their allocation to specific security as a constituent across every portfolio while also calculating the total exposure across all portfolios. For instance, if a user holds AAPL in seven different strategies or portfolios, they can quickly and easily view the weight of AAPL in each portfolio and its overall weight across their entire portfolio book.

Find it in the platform:

• Navigate to the Portfolio Analytics report page and open an existing or create a new report
• The Exposure sidebar opens as a new table within the Portfolio Analytics report
• Build a report containing a table, then click the three-dot menu to the left of a specific security of interest
• Select View Exposure and the exposure sidebar will populate in the report
• Toggle between the pre-defined dates and currencies, and the table will display each portfolio that includes the security
• It will display Shares Held, Market Value of each position, Total Portfolio Market Value and the Weight of the security within each portfolio as well as the Aggregate Weight across all portfolios

Drilldown Option in Time-series Bar Chart

Users can have enhanced transparency in their portfolio holdings with a drill-down feature in the time series and stacked bar charts within Portfolio Analytics. They can toggle between multiple view modes, and analyze individual groupings or securities and metrics across different time horizons. This added granularity provides users with greater flexibility to view and analyze different aspects of their selected portfolio.

Find it in the platform:

• Navigate to the Portfolio Analytics report page and open an existing or create a new report
• Add a bar chart or stacked bar chart to the report
• Select multi-period within the Widget Options and Save the table
• Click the gear icon on the left side of the chart
• View Mode will appear with a toggle option between the groupings
• Search or select a security within the pre-defined groupings
• The chart will display details at the grouping or security level over the defined timeframes

Global Portfolios Accessible in Dashboard

Users can now select a global portfolio within the Portfolio widget on the Capital IQ Pro Dashboard. These global portfolios, maintained by an internal team, are accessible to all Capital IQ Pro portfolio users. This allows the portfolio widget to pre-populate with a portfolio, ensuring that users have immediate access to relevant data instead of an empty display.

Find it in the platform:

• Navigate to Dashboard from the top navigation and select Portfolio widget from the Add Widget menu at the top right
• Select a global portfolio from the Portfolios dropdown

Banks and Credit Unions

In this release, we added new quarterly call report fields and derived bank regulatory data items for Bank Regulatory Financials in Screener.

New Call Report and Derived Bank Regulatory Data Fields

Users can now access newly introduced call report data items in Screener which are spread across Loans and Leases (RC-C), Off-Balance Sheet (RC-L), Past Due/Nonaccrual Loans (RC-N) and Securities- HTM/ AFS (RC-B) schedules. We also added Cost of Total Deposit field within Yield/Cost/Rate Analysis under the Bank Reg Financials Summary Screener category.

Find it in the platform:

• Navigate to Screener from the top navigation bar or from the Apps menu
• Select Regulated Depositories (U.S.)
• Within Criteria, select relevant Company Types and set the Entity Type dropdown to Companies
• Click Display Columns, expand Company Details > U.S. Bank Regulatory Corporate Data to find the new fields

U.S. Business Listings

In this release, we introduced aggregated Business Listings summary data within the Geographic Intelligence data set. Additionally, we enhanced our U.S. Commercial Properties data by adding over 400 relevant demographics-related key fields at the State, MSA, and County levels.

Business Listings Summary Data

Users can now access consolidated Business Listings data, aggregated by NAICS and SIC codes, within Geographic Intelligence. This enhancement streamlines market-level analysis workflow for users and provides deeper insights and a clear understanding of the markets in which they operate.

Find it in the platform:

• Navigate to Screener from the top navigation bar or from the Apps menu
• Select Geographic Intelligence, and click Add Search Criteria or Display Columns
• Expand U.S. Business Listings Summary and select the required fields

Demographics data for U.S. Commercial Properties

Users can now access relevant demographics data seamlessly integrated with our U.S. Commercial Properties data, eliminating the need for multiple reports. We added over 400 related key fields at the State, County, and MSA levels.

Find it in the platform:

• Navigate to Screener from the top navigation bar or from the Apps menu
• Under Commercial Prospecting, select Commercial Properties (U.S.)
• Click Add Search Criteria or Display Columns and select the required fields

Insurance

In this release, we enhanced our U.S. Insurance Statutory data on Screener by adding new key fields and sub-folders, as well as updated lines of business sourced from the NAIC for 2024 annual data. We also launched new pages dedicated to Canadian Insurance companies and introduced two new subcategories in Screener ‘Solvency Capital Requirement—Internal Model’ and ‘Own funds and SCR Reconciliation’. Additionally, we added a more detailed view of Insurance and Reinsurance contract Assets and Liabilities reported under IFRS 17 on the Financials templated pages of Insurance companies.

Lines of Business Pet Insurance Plans in Screener

Users can access multiple exhibits in Screener that are updated for the Lines of Business - Pet Insurance Plans for the Property and Casualty filer type. All the exhibits below are updated by adding Pet Insurance Plans in the Line of Business dropdown.

Insurance Statutory Financials (US) dataset

• Core Financial Pages > Underwriting Exhibit By LOB pg 6-10
• Core Financial Pages > Ins Exp Ex PT 2 – Net of Reinsurance
• Core Financial Pages > Ins Exp Ex PT 3 – Direct Business
• State Level Data > State Page (Annual)
• State Level Data > State Page Totals (Annual)
• SNL Highlight Pages > Underwriting Analysis (New Key Field for DPW by LOB)

Find it in the platform:

• Navigate to Screener from the top navigation or the Apps menu
• Select Insurance Statutory Financials (US) dataset
• Go to the categories -  Core Financial Pages, State Level Data and SNL Highlights

New Key fields and folders in Screener

Users can now access new exhibits, introduced by the National Association of Insurance Commissioners (NAIC), in  Screener along with updates to the existing exhibit.

• General Interrogatories > Life, Fraternal Interrogatories | 35 New key fields created | Life/Fraternal
• Notes to Financials - 5S > Reporting Net Negative (Disallowed) IMR | 39 New key fields created | P&C, Life/Fraternal and Health
• Notes to Financials - 5S > Aggregate Collat Loans by Qualifying Inv Collat | 63 New key fields created | P&C, Life/Fraternal and Health
• Notes to Financials > Retrospectively Rated Contracts & Roll-forward & Receivable for ACA Risk Corridors | Marking existing key fields and folder historical

Find it in the platform:

• Navigate to Screener from the top navigation or the Apps menu
• Select Insurance Statutory Financials (US) dataset
• Go to the categories General Interrogatories and Notes to Financials

Canadian Insurance Statements

Users can access 13 essential exhibits for Canadian Property & Casualty (P&C) and Life insurance companies on the Capital IQ Pro platform, including the following exhibits filed by insurers with the Office of the Superintendent of Financial Institutions (OSFI).

• Assets
• Liabilities and Equity
• Insurance Revenue
• Insurance Service Expenses
• Insurance Service Result
• P&C Liab Roll Fwd (Analysis by measmnt comp.)
• Statement of Profit or Loss
• Summary of Investments
• Comprehensive Income(Loss) & Accumulated Other Comprehensive Income(Loss)
• Net Expenses from Reinsurance Contracts Held
• Provincial and Territorial Exhibit of Premiums
• MCT (BAAT) Ratio - Summary Calculations
• LICAT Ratio - Summary Calculations

Find it in the platform:

• Search for and select any insurance company that provides financial products and services in Canada from the top search bar
• On the left-hand menu, navigate to Financials
  
• Select Canadian Insurance Statements

Solvency II SFCR Capital Requirement subcategory in Screener

Users can now access a new subcategory in Screener under Solvency II SFCR data ‘Solvency Capital Requirement - Internal Model’ for both solo and group entity types. This enhancement aligns with EIOPA's 2023 updates on reporting Solvency Capital Requirements under the Internal Model.

Find it in the platform:

• Navigate to Screener from the top navigation or the Apps menu
• Select Companies under Key Workflows
• Navigate to Financials > SNL Financial Fundamentals > Insurance EMEA > Solvency II SFCR
• Select Solo or Group and then Select Solvency Capital Requirement -IM or Group SCR- Internal Mode

Solvency Capital Requirements and Own Funds Reconciliation for EMEA Insurance Companies

Users can now access a new subcategory in Screener ‘Own funds and SCR Reconciliation’ within EMEA Insurance. This allows users to capture the information related to the reconciliation of Solvency Capital Requirements and Own funds reported in publicly disclosed financial reports for European Insurance companies.

Find it in the platform:

• Navigate to Screener from the top navigation or the Apps menu
• Select Companies under Key Workflows
• Navigate to Financials > SNL Financial Fundamentals > Insurance EMEA > Solvency Information > Own funds and SCR Reconciliation

Enhanced Insurance and Reinsurance Contracts

Users can access a more detailed view of Insurance and Reinsurance contract Assets and Liabilities reported under IFRS 17 within the financials templated section of Insurance companies.

Find it in the platform:

• Search for and select a company from the top search bar and navigate to the Corporate Profile
• In the left-hand navigation, expand Financials > Templated > Supplemental Details & CSM Reconciliation- IFRS 17

Real Estate

In this release, we enhanced accessibility to Data Center information for our Real Estate clients, ensuring that the most relevant data is always within reach. Additionally, we added Real Estate Industry documents directly on the Market Intelligence Research Library page. This centralized repository provides a wealth of information, promoting a more productive and insightful user experience.

Data Centers as Primary Property Type

Users can now access Data Centers, which are reclassified as a Primary Property Type, in the Real Estate Properties data in Screener. This change is also reflected in the Real Estate Property Profile and the Mapping tool, enhancing accessibility.

Find it in the platform:

• Navigate to Screener from the top navigation or from the Apps menu
• Select Industry & Asset Data > Real Estate > Real Estate Properties
• In the Default Criteria, select Data Center under Property Types
• Click on Run Screen to view the results

Real Estate Industry Documents in MI Research Library

Users can access Industry documents for Real Estate on the Market Intelligence Research Library page. This one-stop destination for Industry documents allows clients to streamline their research processes and make more informed decisions.

Find it in the platform:

• Navigate to Research from the top navigation or from the Apps menu
• Select Market Intelligence Research Library
• Under Industry, select Real Estate
• Apply the relevant Date Range and click Apply Filters

Energy

In this release, we added European Day-Ahead Power Prices, European Power Futures Prices and Japanese Power Futures prices to the historical and forward commodity view within Screener. Additionally, we expanded our Ancillary Pricing Data coverage to include two new regions, Southwest Power Pool (SPP) and ISO New England (ISO-NE). We also enhanced the coverage of the Global Power Markets view.

Global Power Prices

Users can access European Day-Ahead and Futures Power Prices and Japanese Power Futures through the Historical and Forward Commodity View Screener dataset. This feature enables users to value generating assets and portfolios and track the impact of renewable integration in these regions.

Find it in the platform:

• On the Energy profile specialization, navigate to Screener from the top navigation menu
• Select Historical Commodity View or Forward Commodity View from the Market Data menu
• EPEXday-A and EEXFutures are available in the Source drop-down

Coverage stats:

• Global Day Ahead Power Prices: Netherlands, Austria, France, Germany, Switzerland, Belgium, United Kingdom, and Luxembourg
• Global Power Futures: Spain, Netherlands, Croatia, Slovakia, Hungary, Poland, Austria, France, Romania, Germany, Greece, Italy, Czech Republic, Switzerland, Bulgaria, Nordic Region, Belgium, United Kingdom, Slovenia, Serbia, and Japan

Ancillary Pricing

Users can access Ancillary Pricing data for ISO regions across the United States, including Southwest Power Pool (SPP) and ISO New England (ISO-NE) regions. This enhancement empowers users with deeper insights into ancillary markets, helping with grid optimization and resource procurement decisions.

Find it in the platform:

• On the Energy profile specialization, navigate to Market Prices tab from the top navigation
• Select Power Summary within the tab
• Day-Ahead Ancillary Pricing widget features the pricing data for SPP and ISO-NE regions
• Navigate to Ancillary Pricing Details page by clicking on the widget title, the View More link or the Ancillary Pricing link in the left-hand navigation menu

Global Power Markets

Users can access expanded coverage of operating and planned power plants with the addition of new countries in the Global Power Markets summary page, Operating Plants Summary page and Future Build Summary Pages. This enhancement allows users to gain deeper insights into the global power markets and understand the energy transition plans around the globe.

Find it in the platform:

• On the Energy profile specialization, navigate to the Power tab from the top navigation menu
• Select Global Power Markets Summary page
• Click on the View All or the links on the left-hand navigation menu to access Operating Plant Summary page and Future Build Summary page

Coverage stats:

• This includes coverage for Bermuda, Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Monaco, San Marino, Tajikistan, Turkiye, Turkmenistan, Niue, Norfolk Islan, Tokelau, Tuvalu and Benin

Metals & Mining

In this release, we added new Commodity Briefing Service (CBS) reports for Graphite, Steel, Aluminum, and Met Coal to the Research Library, which are also featured on the Commodity Market Outlook page. Additionally, we enhanced all CBS reports and the Commodity Market Outlook page to include comprehensive two-year quarterly forecasts for prices, supply, demand, and market balance.

New CBS Reports for Graphite, Steel, Aluminum and Met Coal

Users can now access new Commodity Briefing Service (CBS) reports for Graphite, Steel, Aluminum and Met Coal through the Research Library, Commodity Market Outlook page, and Screener. These reports provide forecasts for prices, supply, demand, and market balance, empowering users to evaluate market trends for these commodities effectively.

Find it in the platform:

• Research Library:
  • Navigate to the Research Library in the top navigation menu
  • In Filters, select Industry: Metals & Mining
  • Enter CBS in the Search by Keyword field to access all CBS-related research articles and reports
• Commodity Market Outlook Page:
  • Navigate to Metals & Mining in the top navigation menu
  • Select the Commodity Market Outlook page to view prices, supply, demand, and market balance for all CBS-covered commodities
• Screener
  • Navigate to Screener from the top navigation or from the Apps menu
  • Select Pricing Data under the Market Data category
  • In the Field Selector, change the display to Metals & Mining Market Forecast
  • Use the search bar within the field selector to find new CBS commodities and add the desired fields

Two-Year Quarterly CBS Forecasts

Users can access updated Commodity Briefing Service (CBS) reports and their associated commodities, which include two-year quarterly forecasts for prices, supply, demand, and market balance. This data is available through the Research Library, Commodity Market Outlook page, and Screener. The enhanced granularity of these forecasts empowers users to effectively assess the short-term market outlook for CBS-covered commodities.

Find it in the platform:

• Commodity Market Outlook Page:
  • Navigate to Metals & Mining in the top navigation menu
  • Select Commodity Market Outlook from the dropdown options
  • In the Filters, choose Display as Quarterly to view prices, supply, demand, and market balance for any CBS-covered commodity
•  Screener:
• Navigate to Screener from the top navigation or from the Apps menu
• Select Pricing Data under the Market Data category
• In the Field Selector, change the display to Metals & Mining Market Forecast
• Use the search bar within the field selector to find new CBS commodities and add the desired quarters

Coverage stats:

• All Commodity Briefing Service covered commodities

Tech, Media & Telecommunications

In this release, we enhanced the Broadband and Video Subscriber by Geography report by adding virtual multichannel subscribers to enable users to filter data by various geography levels. Additionally, we introduced a related article in the Data Library, providing contextual information that enriches understanding and supports informed decision-making.

Virtual Multichannel Subscribers on Video & Broadband Page by Geography

Users can access enhanced subscriber offerings with the addition of virtual multichannel subscribers to the Broadband and Video Subscriber by Geography report and generate focused results based on different geography-level filters based on the report type.

Find it in the platform:

• On the Tech, Media & Telecom profile specialization, navigate to Tech, Media & Telecom from the top navigation
• Click on U.S. MediaCensus under Sector Highlights
• Click on Broadband & Video Subscribers by Geography

Related Article on Data Library

Users can now access a related article alongside the document in the Data Library, providing valuable insights and context for the associated information published.

Find it in the platform:

• On the Tech, Media & Telecom profile specialization, navigate to Data Library from the top navigation
• View the related article next to each item

Transactions

In this release, users can add frequently used fields from pre-saved templates directly to the Transactions Screener results. Users can now benchmark M&A deal multiples against historical sector averages and current industry averages. Additionally, we implemented user interface improvements to streamline M&A click-through workflows and introduced new offering feature types to filter capital market transactions.

Saved Templates on Transactions Screener

Users can now quickly add frequently used fields to the results screen on the Transactions Screener from a list of pre-defined templates.

Find it in the platform:

• Navigate to Screener from the top navigation or the Apps menu, and select Transactions under Key Workflows
• Choose required screening criteria and Run Screen to return the list of transactions
•  Select a template from the drop-down to add the respective set of fields to the results

Industry Averages on M&A Profiles

Users can now analyze M&A deal pricing by comparing deal multiples with historical sector averages and the current industry average based on peer deals. Additionally, users can navigate to the methodology page to understand how the industry and sector averages are derived for a given deal.

Find it in the platform:

• Search for and select a company in the top search bar to navigate to its Corporate Profile e.g., Exxon Mobil Corporation (NYSE: XOM)
• Expand Transactions in the left-hand navigation, and select the Detailed M&A History page
• Open an M&A deal and navigate to General Ratios under the Valuation section, e.g., Transaction ID SPTRD2048111
• Click on the line-graph icon under the Industry Avg. column to find historical sector trend chart with the new benchmark lines
• These visuals are also available in Estimates and Pricing Ratios and their respective sector trend charts
• Click on the Methodology option to navigate to the help page to understand how the industry and sector averages are calculated

Click-Throughs for M&A Deal Valuation

Users can now seamlessly audit M&A Valuation data points in a single continuous click-through window.

Find it in the platform:

• Search for and select a company in the top search bar to navigate to the Corporate Profile page, e.g., Exxon Mobil Corporation (NYSE: XOM)
• Expand Transactions in the left-hand navigation, and click into Detailed M&A History
• Open an M&A deal and navigate to Deal Valuation, e.g., Transaction ID SPTRD2048111
• Click on Implied Enterprise Value to open the click-through window and audit the calculations to the available source documents
• Similarly, click any hyperlinked value in the Deal Valuation widget to view the calculation details
• Click-throughs are also available for Deal Valuation on Transactions Screener and S&P Capital IQ Pro Plug-in

New Offering Features

Users can now filter capital raising transactions using new Offering Feature types across Transactions pages, Screener and S&P Capital IQ Pro Plug-in.

Find it in the platform:

• Navigate to Screener from the top navigation or the Apps menu, and select Transactions under Key Workflows
• Within Browse Criteria, expand General Transaction Details > General Information > Offerings Feature Type
• Find the newly added features to select from:
  • Regulation A or Regulation A+ Offerings
  • Securities Issues Through Capital Trust
  • Securities Registered Pursuant to Rule 415 (under Shelf Registration Related category)

Ownership

In this release, we added the Top Holders widget on the Corporate Profile for all public companies with reported holders, offering users a quick snapshot of the largest shareholders and trends in their ownership. Additionally, we enhanced the Insider Holdings widget on the Professional Summary page to display all companies owned by the insiders in a single view.

Top Holders widget on Corporate Profile

Users can now view the top five shareholders ranked by shares held as of the latest period directly on a public company profile page. The widget also includes the percentage of common shares outstanding, market value, and a quarterly trend chart. Activist investors and ongoing activist campaigns are marked with red and yellow flags, respectively.

Find it in the platform:

• Search for and select a public company from the top search
• Navigate to the Corporate Profile or Fund Profile page, scroll down to view the Top Holders widget

Enhanced Insider Holdings widget on Professional Summary

Users can now view all insider holdings in a single grid on the Professional Summary page. The grid features a separate row for each company held by the insider, a filter to toggle between different periods and a history link with direct access to the holder's history page.

Find it in the platform:

• Top Search
  • Search for a person with insider holdings in the top search bar, e.g. Peter Andreas Thiel
  • While on the Professional Summary page, navigate down the page to find the Insider Holdings grid
• Company Profile
  • Search for and select a company in the top search bar to navigate to the Corporate Profile
  • Navigate to People Summary from the left-hand navigation
  • Click on any professional, e.g. Peter Andreas Thiel
  • On Professional Summary, navigate down the page to find the Insider Holdings grid

Investor Activism

In this release, we added a new Related Investor Activism Campaigns widget on all Key Development pages associated with activist campaigns.

Related Investor Activism Campaigns on Key Development pages

Users can quickly access any associated investor activist campaigns directly from the Key Development page. Users subscribed to activism alerts can easily navigate to campaign profiles from the alert notifications and analyze important campaign details.

Find it in the platform:

• Related Investor Activism Campaigns:
  • Search for and select a company with an activist campaign launched against the related company, e.g. Southwest Airlines Co.
  • From the left-hand navigation, expand News, Events and Filings > Key Developments
  • Filter for Key Developments > Investor Activism
  • Open any Key Development page by clicking on the Date or Headline hyperlink
  • View Related Investor Activism Campaigns widget
• Investor Activism alerts:
  • Click the Bell icon on the right side of the top navigation and select Create New Alert
  • Add an Alert Name and select desired Alert Settings and Alert Filters
  • In Alert Triggers,  select Key Developments > Investor Activism
  • From any Investor Activism alert notification, click the hyperlink to navigate to the Key Development page
  • View Related Investor Activism Campaigns widget

Estimates

In this release, we enhanced visualization features on the Estimate Highlights page to analyze surprise and analyst recommendations and enabled click-through functionality on the Surprise chart.

Enhanced Visualization and Click-through on Estimate Highlights

This enhancement will enable users to better analyze surprise and analyst recommendations. Additionally click-through capability is enabled on the Surprise chart.

Find it in the platform:

• Search for a company in the top search bar
• In the left-hand navigation, go to Estimates > Estimate Highlights
• The Recommendation graphic is located in the upper-left section
• Scroll down to view the updated Surprise Chart
• Click on any period to view surprise and actuals
• Click the values above the chart to access the popup to analyze consensus or actuals

Screener

In this release, we enhanced the Find Buyers tool in Screener, enabling users to save entities in the result set as a list.

Saving Results as a List in Find Buyers

Users can now save screen results as a list within the Find Buyers tool. This feature enables users to leverage Buyer lists in both the Companies Screener and Transactions Screener, facilitating quicker time to insights. Users can now add criteria to filter the list further or select additional fields as display columns.

Find it in the platform:

• Navigate to Screener from the top navigation or the Apps menu
• Select Find Buyers and add the required criteria
• Click on Save in the top right corner
• Select Save Buyers as List

Chart Builder

In this release, we added the ability for users to edit the summary table displayed on the chart. The Chart Summary allows users to easily view key data points, including the latest, highest, and lowest values, as well as the overall change in value over the selected period.

Editable Chart Summary in Chart Builder

Users can now customize the data displayed in the Chart Summary. They can toggle on/off analysis statistics, entities, and selected metrics as needed, along with the option to add a title to their Summary table.

Find it in the platform:

• Navigate to Chart Builder (Beta) from the Apps menu
• Search and add a company to the Chart
• Navigate to the Annotation tab and select Summary Table

Custom Reports

In this release, we introduced export functionality on the Corporate Profile page, enabling users to efficiently create reports by selecting specific pages and sections from the Corporate Profile. This feature provides clear visibility into the downloaded content, streamlining the reporting process.

Custom Export in Report Builder

Users can now download financial data from the Key Stats, As Reported, and Templated pages using the new custom export option on the Corporate Profile page. This feature offers a fast and efficient way to download data. Additionally, users can select specific data sets to download, rather than receiving all data without visibility into its content.

Find it in the platform:

• Search for and select a company in the top search bar to navigate to the Corporate Profile page
• Click on the Exports drop-down menu from the top right and select Custom Export
• Select the pages to download and click on Generate Report
• The report will be downloaded from the browser

S&P Capital IQ Pro Plug-in

In this release, we introduced Rates and Yields in SPG, SPGRangeV and SPGTable functions in the S&P Capital IQ Pro Plug-in and added the functionality of retrieving lists for Fixed Income and Equity securities.

Rates and Yields in S&P Capital IQ Pro Plug-in

Users can now use the standard SPG, SPGTable, and SPGRangeV functions to retrieve Rates and Yields data, including Value, Term, Type, Country, and other related metrics. 

To retrieve the Rates & Yields data, use the legacy Capital IQ identifiers or the unique Capital IQ Pro Rates & Yields identifiers that start with the “%SPT” prefix followed by a unique number. Each unique number of a Rate or a Yield can be found in the URL of the corresponding chart page within the S&P Capital IQ Pro platform. For example, the URL for the chart page for Canadian Prime Rate is https://www.capitaliq.spglobal.com/web/client?auth=inherit#markets/marketCharts?keyRateList=2130; the unique number at the end of this URL (2130) is used for the identifier (i.e., “%SPT2130”). Use this identifier to retrieve Rates & Yields data (e.g., =SPG(“%SPT2130”,”SP_RATE_VALUE”)).

 Find it in the platform:

• In Excel, launch S&P Capital IQ Pro Plug-in and open Formula Builder
• Within the Companies workflow, navigate to Data Items > Market Data > Rates and Yields
• Within the Securities workflow, navigate to Data Items > Rates and Yields under Fixed Income folder

Securities List Fields in S&P Capital IQ Pro Plug-in

Users can now retrieve lists of securities issued by a specific company, with separate fields for each security type within the Equity and Fixed-Income categories.

Find it in the platform:

• In Excel, launch S&P Capital IQ Pro Plug-in and open Formula Builder
• Within the Companies workflow, navigate to Data Items > Company Details > Lists subfolder to view the Equity and Fixed Income List fields

RatingsDirect®

In this release, we enhanced S&P Ratings Research Typeahead Search with a dedicated search tab and a red RD badge indicating S&P Ratings content, improving the discoverability of credit research articles. The Credit Monitor Sector Workflow now allows users to toggle between ‘My Lists’ and ‘Sectors’ views, enhancing efficiency and enabling on-the-fly sector analysis.

Additionally, the US Broadly Syndicated Loans (BSL) CLO Top Obligors Data Visualization offers interactive views of top obligors, enhancing decision-making and user satisfaction. Users can also view historical Sovereign Factors & BICRA scores, providing a comprehensive view of historical data alongside existing ratings. The ability to upload lists with S&P Ratings Entity ID and S&P Ratings Maturity ID streamlines the process and improves efficiency. These enhancements collectively improve the user experience and decision-making process in credit analysis.

S&P Ratings Research Typeahead Search

RatingsDirect® users can easily discover S&P Ratings credit research with the enhanced typeahead search feature. By incorporating all credit research articles into the top search, users can quickly find desired articles by typing in keywords. This includes a dedicated ‘S&P Ratings Research’ tab in the top search exclusively for credit research, while the primary 'All' tab includes relevant credit research. Articles provided by S&P Ratings will be clearly indicated with a red RD badge.

Find it in the platform:

• Navigate to the search bar within the top navigation and select All or S&P Ratings Research tab to search for S&P Ratings credit research
• The results will be displayed based on the relevant keywords entered, with a red RD badge  indicating research from S&P Ratings

Credit Monitor Sector Workflow

RatingsDirect® users can access an enhanced Credit Monitor Sector Workflow on the Overview page. This feature streamlines credit analysis by allowing users to toggle between ‘My Lists’ and ‘Sectors’ views, providing flexibility when analyzing entities. The Sectors view leverages the S&P Ratings Sectors hierarchy, enabling users to quickly monitor entities within specific sectors, subsectors, and industries.

This workflow is particularly valuable for users who haven't set up custom lists and need an efficient way to conduct sector-specific analysis. By removing the need for saved custom lists or creating new ones, users can immediately access predefined sector data for rapid insights. This streamlined approach improves the efficiency of Credit Monitor, enabling quick sector-specific analysis.

Find it in the platform:

• Navigate to the RatingsDirect® menu from the top navigation and select Credit Monitor in the Tools section
• Toggle from My Lists to Sectors in the top left of the Overview page
• Select one or more S&P Ratings sectors, subsectors, or industries from the dropdown

Credit Monitor Enhancements

RatingsDirect® users will benefit from several new enhancements to Credit Monitor.

Scheduled Alerts: Users can now set daily or weekly alerts for monitored lists, utilizing a new mobile-friendly email template.

Audit Capabilities: Users can click on values in the top ribbon for Rated Entities/Securities, Rating Transition, and CreditWatch/Outlook Distribution charts to review aggregated numbers and understand the impacted entities or securities.

New Data Fields: Access additional fields like Spread BPS, Change BPS/Change%, and Z-Score under Market Derived Signals in the Entity View (Ratings tab).

Updated Security View: The default columns now include Issue Credit Rating, Recovery Rating, and SPUR rating for all sectors, regardless of debt type-rating type.

Find it in the platform:

• Scheduled Alerts:
  • Navigate to the RatingsDirect® menu from the top navigation and select Credit Monitor in the Tools section
  • Select Create an Alert
  • The default option is RealTime. Click the pencil icon to edit the delivery method
• Audit Capabilities:
  • Navigate to the RatingsDirect® menu from the top navigation and select Credit Monitor in the Tools section
  • On the top ribbon, click on aggregated numbers or hover over the charts to see the View option
• New Data Fields:
  • Navigate to the RatingsDirect® menu from the top navigation and select Credit Monitor in the Tools section
  • Go to Entity View page
  • Click on Grid Columns option to view new columns under Market Derived Signals
• Updated Security View:
  • Navigate to the RatingsDirect® menu from the top navigation and select Credit Monitor in the Tools section
  • Go to Security View page
  • Click on Grid Columns option to view new column groups for S&P Ratings – Issue Ratings, Recovery Ratings, SPUR Ratings

Australian RMBS Deal & Performance Watch Data

U.S. Broadly Syndicated Loans CLO Top Obligors Data Visualization

RatingsDirect® users can access the new U.S. Broadly Syndicated Loans (BSL) CLO Top Obligors data visualization, which leverages business intelligence. This visualization provides clear and interactive views of top obligors, enhancing user experience and decision-making. The interactive experience features modals for industry diversification, rankings, credit ratings, and obligor diversification, leading to better-informed decisions and increased user satisfaction.

Find it in the platform:

• Navigate to the RatingsDirect® menu from the top navigation
• Select Structured Finance from the S&P Ratings Sectors on the right
• Navigate to the U.S. BSL CLO Top Obligors page within the Data Visualization section of the flyout

Sovereign Factors & BICRA History

RatingsDirect® users with access to Sovereigns can now view historical Sovereign factors and BICRA scores on the existing Ratings & History page. This provides a comprehensive view of historical Sovereign Factors and BICRA scores along with the Sovereign's historical ratings as of the update date. This enables users to understand the context of factors and BICRA scores in relation to the ratings at different points in time, enabling in-depth analysis of a single sovereign or comparing historical values across multiple sovereigns.

Find it in the platform:

• Navigate to a Country or Region profile from the top search or the hyperlinks throughout the S&P Capital IQ Pro platform
• Under the RatingsDirect left-hand navigation, click on Ratings & History
• Click on the BICRA tab to view historical BICRA scores or the Factors tab to view historical Sovereign factors

Upload Lists with S&P Ratings Entity ID and S&P Ratings Maturity ID

RatingsDirect® users can now bulk upload lists of securities and entities using the RatingsDirect-specific S&P Entity ID for entities and RD Maturity ID for securities. This enhancement supports all rated securities and entities, eliminating the need for users to search for identifiers they do not have access to, thereby streamlining the process and improving efficiency.

Find it in the platform:

• Within the List Manager of a new or saved list, select Upload File
• Select Companies in the Entity Type dropdown and select S&P Ratings Entity ID in the Identifier Type dropdown to upload entities by S&P Ratings Entity ID
• Select S&P Ratings Fixed Income in the Entity Type dropdown and select S&P Ratings Maturity ID in the Identifier Type dropdown to upload securities by S&P Ratings Maturity ID

December 2024 S&P Capital IQ Release Notes

December 2024 S&P Capital IQ Release Notes

Read December 2024 S&P Capital IQ Release Notes

In this release, we added new enhancements on Capital IQ to improve your daily workflows:

• We enhanced the Portfolio Analytics suite with scheduler improvements for better flexibility in report management and new reporting tool functionalities for deeper portfolio insights.
• We introduced targeted alerts in RiskGauge Desktop to help users monitor credit risk changes and take informed decisions.
• We enhanced Credit Risk Pricing with GSAC Bond Sector Curves for accurate market reflection, alignment with GICS, and greater transparency to support users' pricing and regulatory needs.
• We launched a beta version of the General Corporate Scorecard, and enhanced the Project Finance Scorecard to incorporate ESG factors in Probability of Default assessments.
• We enhanced the Excel-like interface in ProSpread for a seamless financial onboarding experience, offering features like Excel data export, synthetic merged periods, streamlined data selection, easier value updates, and flexible ratio calculations.

November 2024 S&P Capital IQ Pro Release Notes

November 2024 S&P Capital IQ Pro Release Notes

Read November 2024 S&P Capital IQ Pro Release Notes

In this release, we added new datasets and tools on Capital IQ Pro designed to enhance your daily workflows:

• We are excited to introduce the Document Intelligence tool, which significantly enhances access to filings, transcripts, and investment research through a streamlined interface, featuring advanced search capabilities, saved searches, earnings call key phrases, and access to our AI-powered assistant ChatIQ to ask questions and gain insights for specific documents.
• We upgraded Market Data Alerts to include key stock events such as stock splits, spin-offs, and dividend announcements.
• We improved our Search experience by enhancing the company card view, introducing a Market Type filter for Wireless Licenses, and adding keyword mentions in Investment Research for better relevance and effectiveness.
• We launched ChatIQ, an AI-powered assistant in S&P Capital IQ Pro that offers insights through natural-language queries, enabling users to seamlessly find answers to financial and business questions using S&P Capital IQ Pro data, with direct links to the underlying sources for further research.

September 2024 S&P Capital IQ Pro Release Notes

September 2024 S&P Capital IQ Pro Release Notes

Read September 2024 S&P Capital IQ Pro Release Notes

In this release, we added new datasets and tools on Capital IQ Pro designed to enhance your daily workflows:

• We launched the US Midday IQ newsletters to provide users with essential market updates, breaking news, and mid-day trading insights delivered to their inbox every afternoon.
• We enhanced our Government, Sovereign, Agency, and Corporate (GSAC) securities offering by adding a new Dashboard widget to track the top movers throughout the day as well as new data items and visualization tools to enhance your fixed income analysis.
• We improved Search by adding intuitive search capabilities for Topics and Market Maps, enhancing query suggestions and spell-check capabilities, and upgrading our company display information.
• We added Dashboard Templates and enhancements to improve the user experience of the Dashboard Template Library, including the ability to view thumbnail previews and a description field for each template.
• We enriched our Private Markets offering by integrating Private Debt data across firms, funds, and institutional investors in the S&P Capital IQ Pro Plug-in and Screener for premium private debt users.

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