Because our analysis is based largely on quantitative modeling, Transparency Analytics can provide initial, indicative ratings and scenario planning in real-time through our automated credit ratings portal. From there full ratings can be purchased, following the execution of an engagement letter and receipt of all relevant deal documentation.

Transparency Analytics’ ratings can be utilized in live transactions; however, please note that we are not registered as a Nationally Recognized Statistical Rating Organization (NRSRO) with the U.S. Securities and Exchange Commission.

Transparency Analytics provides ratings across a broad spectrum of private credit transactions. This includes corporate issuers and instruments in their capital structures, asset-based finance deals backed by receivables, inventory, equipment, and real estate; stand-alone credits such as credit tenant leases, ground leases, and project finance transactions. 

Transparency Analytics Credit Ratings & Reports are designed to support investor discussions, IC memos, and diligence. Our credit ratings are provided as an analytical opinion and are not intended for regulatory purposes.  We are not an "expert," "underwriter" or "seller" under any applicable securities laws or regulations, including without limitation the U.S. Securities Act of 1933.

Yes. Transparency Analytics’ systems, methodologies, and workflows are designed to align with widely accepted regulatory frameworks, including those established by the NAIC and SEC, with a strong emphasis on transparency and auditability.

Please note, however, that Transparency Analytics is not registered as a Nationally Recognized Statistical Rating Organization (NRSRO) with the U.S. Securities and Exchange Commission, nor is it currently an approved Credit Rating Provider by the NAIC.

Transparency Analytics is not currently registered as a Nationally Recognized Statistical Rating Organization (NRSRO) with the U.S. Securities and Exchange Commission. However, our methodologies, systems, and procedures are designed to reflect the discipline, documentation standards, and scoring rigor consistent with NRSRO requirements, ensuring transparency, consistency, and auditability throughout our ratings process.

Transparency Analytics is built on a fundamentally different foundation tailored to the unique demands of private credit markets. Unlike legacy agencies that often rely heavily on qualitative assessments, our methodologies prioritize transparency and quantitative rigor. This enables us to deliver real-time indicative ratings and scenario analyses. 

Our rating reports feature a detailed, componentized breakdown that clearly explains how each subcomponent contributes to the overall rating. This level of clarity and speed empowers stakeholders to make informed decisions with confidence and agility. 

Transparency Analytics’ credit analysis is approximately 85% quantitatively derived and fully automated indicative ratings based on quantitative modeling can be run in real-time. For a comprehensive credit rating, our analysts conduct an additional qualitative review, followed by a formal ratings committee process to finalize the rating.

Transparency Analytics is purpose-built to meet the evolving needs of the private credit ecosystem. Our platform offers scalable, transparent credit ratings and risk evaluation tools specifically designed for underwriters, credit professionals, insurance companies, asset managers, and deal teams operating in private credit markets. 

If you have the proposed terms for your corporate debt instrument, you can gain access to Transparency Analytics’ automated ratings portal to receive an initial indicative rating. For a full credit rating, we also require supporting documentation for the deal. 

 Our team is here to help you get started—please reach out to begin the process.