Morningstar UK Ltd, a subsidiary of independent investment research firm Morningstar, Inc. (NASDAQ: MORN), has announced that credit ratings from Moody’s Investors Service, which provides credit ratings and research covering debt instruments and securities, are now available to institutional investors through Morningstar’s suite of data feed solutions.
Moody’s credit rating data covers all current public Moody’s ratings on banks, corporations, sovereign entities and structured finance. The ratings data will be available to Morningstar’s institutional clients worldwide on a requested, bespoke basis. Institutional clients will be required to hold a Moody’s ratings license in order to access the data.
“With many institutions now facing new capital rules and requirements, such as Solvency II for insurers, the addition of the Moody’s credit ratings data will further support our clients in their credit risk analysis and regulatory reporting”, said Kunal Kapoor, head of client solutions for Morningstar. “We are pleased to be able to offer clients a choice of independent credit ratings data from leading providers, which institutions are now required to access in their reporting standards under the Solvency II regulation.”