Rating and Investment Information, Inc.
From Riski
Rating and Investment Information, Inc. is designated as an Nationally Recognized Statistical Rating Organization (NRSRO) by the Securities and Exchange Commission.
It was founded in 1998 in Japan.
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Company Overview
R&I's operations consist of three main businesses, the rating business (the key operation), investment evaluation, and information services.[1]
The evaluation business naturally centers on bond rating, but also extends into evaluating country risk and pension fund performance. These activities depend on the ability to collect the data that will make these assessments possible and on the dissemination of the results of the evaluation.
Rating system explanation
- Source: Rating Symbols and Definitions R&I
Issuer ratings
- AAA Highest creditworthiness supported by many excellent factors.
- AA Very high creditworthiness supported by some excellent factors.
- A High creditworthiness supported by a few excellent factors.
- BBB Creditworthiness is sufficient, though some factors require attention in times of major environmental changes.
- BB Creditworthiness is sufficient for the time being, though some factors require due attention in times of environmental changes.
- B Creditworthiness is questionable and some factors require constant attention.
- CCC Creditworthiness is highly questionable and a financial obligation of an issuer is likely to default.
- CC All of the financial obligations of an issuer are likely to default.
- D R&I believes that all of the financial obligations of an issuer are in default.
A plus (+) or minus (-) sign may be appended to the categories from AA to CCC to indicate relative standing within each rating category. The plus and minus signs are part of the rating symbols.
Competitors
- A. M. Best (U.S.)
- Dominion Bond Rating Service (Canada)
- Egan-Jones Rating Company (U.S.)
- Fitch Ratings (U.S.)
- Japan Credit Rating Agency, Ltd. (Japan)
- LACE Financial Corp. (U.S.)
- Moody's (U.S.)
- Rating and Investment Information, Inc.
- Realpoint LLC (U.S.)
- Standard & Poor's (U.S.)
