Reuters plans to launch Reuters Credit, a new web portal, today. The subscriber-based service is designed to be a one-stop shopping site for anyone looking for credit information, including benchmark data, lists of securities and loans along with terms, balance sheets and borrower ratings information. It will cover 26,000 debt issuers. Krisha Biltoo, director of credit and risk business for Reuters Information, said credit information has been scattered across many websites and can be hard to tie together. "We saw a real gap in the market, he said.
The service is offered in partnership with RiskMetrics Group.