Criat’s Global PD Suite is Now Live on Snowflake Marketplace
Access Criat’s cutting-edge PD and credit risk data through Snowflake - built for faster and smarter decision-making.
Snowflake is rapidly becoming a strategic data platform for the global buy-side community. However, one critical area remains underrepresented in its risk analytics ecosystem: credit risk. Criat addresses this gap by providing a comprehensive suite of AI-powered credit risk analytics for corporate credit assessments, available directly within the Snowflake environment.
Benefits of accessing Criat's next-gen Credit Analytics through Snowflake
How Criat Empowers the Buy-Side with Integrated Credit Risk Insights on Snowflake?
Criat is deployed natively on Snowflake, providing AI-based credit risk analysis for both public and private bond issuers. It helps buyers achieve real-time, interpretable, and leak-free data integration, thereby enhancing investment decision-making, compliance management, and risk monitoring capabilities.By leveraging Snowflake’s infrastructure that can handle scalability and a centralized data governance capability to clients, users will be able to perform extensive credit risk analytics natively on platform.
Data Benefits:
The current credit risk management is confronted with three major challenges: the lagging of rating signals, the difficulty in disassembling risk drivers, and the insufficient integration of alternative data and models, which respectively affect investment risk professionals, research teams, and technical managers.
Implementation benefits:
Criat offers a one-stop data solution on Snowflake, allowing users to directly access their data in the native environment. They can also achieve efficient integration and fusion with other data sources through various identifiers, enabling plug-and-play functionality.
What data is available on Snowflake?
Probability of Default (PD)
For 130,000+ entities - including public and private firms with history spanning 30+ years
PD Implied Rating (PDiR)
For intuitive understanding of point-in-time credit assessments
Marginal Driving Force (MDF)
Of each entity - for more transparent analysis of key credit risk drivers
Credit Cycle Indices (CCI)
To gauge evolvements in credit risk environment
How clients can use Criat's data on Snowflake
Advantages of data types
Natively deployed with no API needed, Criat supports customizable integration with private data, offering global coverage of public and private enterprises with daily updates.
Stress Testing
& Quant Research
Simulates PD under various macro scenarios to support quantitative research and factor modeling, boosting research efficiency.
Compliance &
Regulatory Reporting
Supports IFRS 9 and ECL modeling with forward-looking, auditable data, helping reduce compliance costs.
Portfolio Optimization & Investment Risk Analytics
PD is broken down into 16
risk factors—such as leverage, profitability, and market risk—to pinpoint risk sources and optimize asset allocation strategies.
Risk Monitoring & Early Warning
The daily updated default probability (PD) overcomes the lag of traditional ratings, achieving 80% accuracy in default prediction and enhancing the Early Warning System (EWS).