35SME Initiative Launched with Core Data and Differentiated Analytics
S&P Global Market Intelligence is investing in its small- and medium-sized enterprises (SME) initiative to create a unique private-company intelligence service that clients can leverage to serve or do more business with SMEs.
Core data and differentiated analytics are the cornerstone of the SME initiative, starting with Phase 1 in 2020:
Data |
Deeper coverage of private companies including: |
U.S., European, and Chinese private-company data |
Profile, people, corporate structure, fundamentals, and trade payment scores |
Analytics |
New robust and transparent analytics that complement existing financial-based credit risk models and provide universal coverage relying on alternative data (trade payment, credit limit) |
Workflow |
Access standard mechanisms |
SME content in S&P Global Market Intelligence Desktop and Xpressfeed |
Analytics via Credit Analytics |
SME launched with data on >85 million private companies, and growing
Access to datasets is specific to each platform
50M+ |
companies on RiskGauge for supply chain/trade credit counterparty credit risk |
20M+ |
companies on China Credit Analytics Platform for domestic Chinese customers in the corporate and lending space |
15M+ |
companies on Market Intelligence desktop and feeds, including 500,000+ early-stage company data from Crunchbase |
How Customers Use SME Data
Use Cases | Customers |
Counterparty Credit & Supply Chain Monitor risk of suppliers and counterparties | Nonfinancial corporates |
Underwriting and Surveillance Support underwriting new business and tracking existing exposures | Financial corporates |
New Business Development Identify potential new customers | Nonfinancial and financial institution corporates |
Deal Sourcing / Corporate Development / M&A Identify target companies and people | Capital markets |
RiskGauge Reports Available on Credit Analytics
While data is available broadly to serve many use cases via our desktop and feeds, S&P Global Market Intelligence is also embedding data and insights into specific workflows. The first core workflow is credit risk, with the creation of RiskGauge Reports and new analytics in Credit Analytics.

Benefits |
Improved predictive power on counterparty credit risk |
Gain Insight from RiskGauge score, a holistic credit risk score comprising elements of a company’s Probability of Default (PD) Fundamental, PD Model Market Signal, and CreditModel™ scores |
Ability to combine a client’s proprietary data with S&P Capital IQ financials and analytics |
New Models Available on S&P Global Market Intelligence Platform and Xpressfeed |
PaySense Identifies potential delays of trade payables by leveraging historical trade payment data and macroeconomic factors (covers U.S. companies; expansion to come) |
Max Limit Identifies maximum exposure limits for trade receivables based on analyses of a customer’s Probability of Default, liquidity risk, and recovery and risk appetite |
SMEs account for approximately 90% of global businesses and more than 50% of worldwide employment