Morningstar Credit Ratings Launches DealView CMBS Monitoring Service

by Aziz Abdel-Qader
  • DealView CMBS Monitoring is focused on displaying the key credit risks in a CMBS transaction using graphics.
Morningstar Credit Ratings Launches DealView CMBS Monitoring Service
Bill Gross speaks at the Morningstar Investment Conference (Reuters)

Morningstar Credit Ratings, an NRSRO and the structured credit research and ratings subsidiary of Morningstar Inc, today announced the launch of its DealView CMBS Monitoring service which aggregates and normalises CMBS (Commercial Mortgage-backed Securities) data and distributes it to investors.

The London Summit 2017 is coming, get involved!

The enhanced product will provide authorized Morningstar clients access to its perspective and opinion on credit risk, as well as proprietary valuation and loss Analytics . Additionally, the analysis package includes likely and bearish projected loss scenarios and multiple property valuation estimates to help investors identify and quantify credit risk.

Back in 2016, Morningstar, which is best known for its reviews on mutual funds, obtained approval from the US securities regulators to offer credit ratings on companies and financial institutions, an activity that has long been dominated by a few big firms such as S&P Global Ratings, Moody’s and Fitch.

DealView CMBS Monitoring is focused on displaying the key credit risks in a CMBS transaction using graphics that identify performance trends, Morningstar projected losses and their impact on the transaction’s bond classes, as well as potential credit events that could affect future performance. The new visual format and navigation eliminates the noise found in industry reports and other third-party services.

Joe Petro, COO at Morningstar Credit Ratings, commented: “We’re excited to present CMBS portfolio managers, traders, and surveillance analysts with this next generation of Morningstar’s DealView CMBS Monitoring service. We developed our analysis with CMBS investors to ensure that its content and presentation efficiently address the credit issues most important to investors.”

Morningstar Credit Ratings, an NRSRO and the structured credit research and ratings subsidiary of Morningstar Inc, today announced the launch of its DealView CMBS Monitoring service which aggregates and normalises CMBS (Commercial Mortgage-backed Securities) data and distributes it to investors.

The London Summit 2017 is coming, get involved!

The enhanced product will provide authorized Morningstar clients access to its perspective and opinion on credit risk, as well as proprietary valuation and loss Analytics . Additionally, the analysis package includes likely and bearish projected loss scenarios and multiple property valuation estimates to help investors identify and quantify credit risk.

Back in 2016, Morningstar, which is best known for its reviews on mutual funds, obtained approval from the US securities regulators to offer credit ratings on companies and financial institutions, an activity that has long been dominated by a few big firms such as S&P Global Ratings, Moody’s and Fitch.

DealView CMBS Monitoring is focused on displaying the key credit risks in a CMBS transaction using graphics that identify performance trends, Morningstar projected losses and their impact on the transaction’s bond classes, as well as potential credit events that could affect future performance. The new visual format and navigation eliminates the noise found in industry reports and other third-party services.

Joe Petro, COO at Morningstar Credit Ratings, commented: “We’re excited to present CMBS portfolio managers, traders, and surveillance analysts with this next generation of Morningstar’s DealView CMBS Monitoring service. We developed our analysis with CMBS investors to ensure that its content and presentation efficiently address the credit issues most important to investors.”

About the Author: Aziz Abdel-Qader
Aziz Abdel-Qader
  • 4985 Articles
  • 31 Followers
About the Author: Aziz Abdel-Qader
  • 4985 Articles
  • 31 Followers

More from the Author

Institutional FX

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}