S&P Global Ratings Establishes Decentralized Finance (DeFi) Group Amidst Heightened Investor Interest

NEW YORK, Might 17, 2022 /PRNewswire/ — S&P International Scores, a part of S&P International Inc. (NYSE: SPGI) and the world’s main supplier of impartial credit score danger analysis, as we speak introduced the formation of a brand new Decentralized Finance (DeFi) technique group to advance S&P International’s strategy to decentralized markets.

S&P International Scores acknowledges that decentralized finance is more and more reworking the capital markets, together with an growth within the spectrum of market individuals, the creation of latest asset lessons, and the event of latest capabilities within the execution of monetary transactions. In response to those evolving dynamics and heightened consumer curiosity, Charles “Chuck” Mounts will lead this effort as Chief DeFi Officer in S&P International Scores and can work intently with Charles Jansen, who has been appointed as Head of DeFi Transformation.

Enabled by the mix of Distributed Ledger Expertise, Blockchain and Sensible Contracts, DeFi is leading to new market frameworks that may each complement and disrupt the established main and secondary debt capital markets, with potential implications for all credit score market individuals.

“Decentralized finance has the potential to redefine the monetary markets in ways in which haven’t been seen for the reason that early days of fintech and e-commerce,” famous Elizabeth Mann, Chief Monetary Officer, S&P International Scores. “Innovation is driving these adjustments and as with every rising sector, there are each vital alternatives and dangers. As a supplier of basic credit score evaluation and insights, we’re seeking to this group’s wealth of information about conventional capital and crypto-native markets to share our understandings of every with present and future shoppers.”

The staff is accountable for serving to to advance S&P International Scores’ strategy and capabilities within the fast-moving decentralized market surroundings. They are going to construct on the insights generated by the Digitalization of Markets Analysis lab, with a concentrate on bringing S&P International’s sturdy analytic and danger evaluation capabilities forth to help each conventional institutional (TradFi) shoppers and the rising universe of crypto-native DeFi shoppers.

As Chief DeFi Officer, Chuck Mounts is accountable for driving the event of the S&P International Scores DeFi assets with the acceleration and institutionalization of crypto and digital belongings.

In his function as Head of DeFi Transformation, Charles Jansen integrates the technical experience and crypto ecosystem data to information the event of latest services. Collectively, Chuck and Charles carry a singular mixture of experience in debt capital markets, credit score danger analysis and crypto.

Media Contact:
Jeff Sexton, New York (1) 212-438-3448
[email protected]

Orla O’Brien, Boston (1) 857-407-8559
[email protected]

Key Contacts:
Americas Media Relations: (1) 212-438-6667
[email protected]

Americas Buyer Service: (1) 212-438-7280
[email protected]

S&P International Scores is the world’s main supplier of impartial credit score scores. Our scores are important to driving progress, offering transparency and serving to educate market individuals to allow them to make selections with confidence. Now we have greater than 1 million credit score scores excellent on authorities, company, monetary sector and structured finance entities and securities. We provide an impartial view of the market constructed on a singular mixture of broad perspective and native perception. We offer our opinions and analysis about relative credit score danger; market individuals acquire impartial data to assist help the expansion of clear, liquid debt markets worldwide.

S&P International Scores is a division of S&P International (NYSE: SPGI), which offers important intelligence for people, corporations and governments to make selections with confidence. For extra data, go to www.spglobal.com/scores.

SOURCE S&P International