Standard&Poor's is the world's authoritative financial analysis institution, founded by Mr. Poole in 1860. Standard&Poor's was formed by the merger of Standard&Poor's Publishing Company and Standard Statistics Company in 1941. Standard&Poor's provides investors with credit rating, independent analysis and research, investment consulting and other services. In 1975, the SEC recognized S&P as a "nationally recognized rating organization" or "NRSRO". On April 18, 2011, Standard&Poor's downgraded the outlook for the long-term sovereign credit rating of the United States from "stable" to "negative", and maintained the sovereign credit rating unchanged. On August 6, 2011, the international rating agency Standard&Poor's suddenly announced that it would downgrade the US sovereign credit rating from "AAA" to "AA+". S&P's strength lies in creating independent benchmarks. Through the credit rating of Standard&Poor's, they truly reflect the constant solvency and repayment willingness of the government, companies and other institutions with objective analysis and unique insights, and thus gain widespread attention from global investors. Standard&Poor's plays an important role in the capital market. Since its establishment in 1860, Standard&Poor's has been playing an important role in establishing market transparency. At that time, European investors needed to know more about their assets invested in the newly developed infrastructure in the United States. At this time, Henry Varnum Poor, the founder of the company, complied with the relevant needs and began to provide financial information. All kinds of investment references published by Poole are based on an important purpose, that is, "investors have the right to know". In the past century, the financial market has become more and more complex, and industry insiders have finally decided that the independent and strict analysis of S&P and its information involving stocks, bonds, mutual funds and other investment products are trustworthy. The important views, analytical views, financial news and data provided by Standard&Poor's have become the main part of the global financial foundation. Standard&Poor's is a pioneer in creating financial industry standards. It first rated the following aspects: securitization financing, bond guarantee transactions, letters of credit, financial strength of non American insurance companies, bank holding companies, financial guarantee companies. In the stock market, S&P also has a leading position in the index tracking system and exchange funds. In addition, the database launched by the company standardizes the information of listed companies, so that financial personnel can easily carry out multi category comparison. S&P's series of online services have provided effective assistance to analysts, planners and investors all over the world. (Editor in charge: Wu Xiaojuan)
