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NEW YORK - S&P Global has unveiled CreditCompanion™, a new Generative Artificial Intelligence (GenAI) powered application designed to streamline credit risk research on its RatingsDirect® platform within S&P Capital IQ Pro. The tool, introduced today, aims to enhance the efficiency of analyzing credit ratings and research provided by S&P Global Ratings.
CreditCompanion™ employs advanced Natural Language Processing (NLP), Large Language Models (LLMs), and a customized Retrieval Augmented Generator (RAG) to facilitate the search, summarization, and network creation across research artifacts. Whit McGraw, Head of Risk & Valuations Services at S&P Global Market Intelligence, emphasized the company’s commitment to improving client workflows through AI technology. He noted that CreditCompanion™ is tailored to augment existing credit analysis processes, enabling users to access and employ S&P Global Ratings’ proprietary content more effectively.
Jim Wiemken, Head of Global Ratings Services at S&P Global Ratings, shared that the tool has been positively received by analysts for its capability to extract data and summarize pertinent content with links to original sources. CreditCompanion™ offers several benefits, including an intuitive chat interface for simplified data access, efficient search capabilities for both structured and unstructured queries, and the ability to conduct comparative credit risk analyses between peer firms.
The application also provides comprehensive natural language summarization, generating quick insights across a vast library of published research. This feature allows users to easily identify themes and insights, as well as create SWOT analyses. Moreover, CreditCompanion™ ensures reliable and transparent information by thoroughly linking to relevant source documents from S&P Global Ratings.
S&P Global (NYSE: SPGI) is known for providing essential intelligence, including credit ratings, benchmarks, analytics, and workflow solutions in various markets. The launch of CreditCompanion™ reflects the company’s ongoing efforts to leverage AI technology to enhance productivity and decision-making processes for its clients.
This news is based on a press release statement from S&P Global.
In other recent news, S&P Global announced a quarterly cash dividend of $0.96 per share for the second quarter of 2025, with shareholders on record as of May 28 set to receive the payout on June 11. This decision underscores the company’s long-standing tradition of consistently paying and annually increasing dividends for over 50 years. Additionally, S&P Global’s data revealed that the eurozone economy continued to grow in April, albeit at a slower pace, as indicated by a drop in the Eurozone Composite PMI Output Index to 50.4. In Spain, the services sector also experienced a slowdown in growth, with the Services PMI Business Activity Index falling to 53.4 in April. Conversely, France’s services sector contracted for the eighth consecutive month, with the Services PMI Index decreasing to 47.3. Meanwhile, Germany’s manufacturing sector showed the slowest contraction in over two and a half years, with the Manufacturing PMI increasing slightly to 48.4. These developments reflect varied economic conditions across European countries, as captured by S&P Global’s data.
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