Ratings Careers

Credit rating career is another important aspect of financial services industry. Credit rating firms serve a specific purpose regarding financial statistics. Fitch was one of the big player in this industry during 1913.

Flitch publishing company which was founded by John Knowles Fitch provides services regarding financial statistics.

In 1924, the Fitch rating system of AAA to D was launched which then become the standard for the financial society. Along with Fitch, there are other foremost credit-rating agencies which include Moody's Investors Service, Standard &Poor's and DBRS. However, flitch is the leader in offering ratings on debt issued by companies, wrapping entities in almost 80 countries.

Another prime rating company is Moody's Investors Service which offers good careers in credit ratings. At Moody's Investors Service firm, ratings business is divided into different groups. They are corporate finance, structured finance, public finance financial institutions and sovereign risk. Main clients of this rating firm include government and corporate issuers along with banks, creditors, institutional investors and commercial banks.

The firm provide ratings and analysis service in the 100 nations, more than 10,000 company insurers, 30,000 public finance issuers and 60,000 structured finance obligations.

Standard & Poor's is another major rating firm which functions in the main categories. These categories are credit ratings, funds, equity research, indices, data services and risk solutions. Investor assets worth around $1.5 trillion was associated with Standard & Poor's indices in June 2008. The S&P firm has one of the leading networks of credit ratings analysts, and its equity research branch is biggest producer of independent equity research.

DBRS is an international ratings firm. It is headquartered in Toronto, Canada and offers ratings services to borrowing entities. This rating firm divides itself into corporate, public finance financial institutions, and structured finance divisions.

DBRS is the largest rating service firm in the Canada. DBRS is also the first rating firm which provide full fledged service website for customers.