Participants in the debt markets have always relied on their seniority in the capital structure, among other things, to protect them when problems arise. Today, problems can come on so rapidly and be so severe that ongoing assessment and early warnings can be essential to protect the loan or bond book.

Founded in 2003, Glass, Lewis & Co. can help lenders assess the business, legal, corporate governance and financial statement risk at public companies across the globe. With our online tool, the Monitor and Risk Monitor, a lender will be alerted in real-time to problems or signs of trouble at public companies to which they are exposed. Our Proxy Paper reports contain in-depth analysis of borrowers, aimed at identifying issues before they affect credit quality and equity values.

The specific services used by debt market participants include:

The Monitor is a web-based tool that enables investors to monitor continuously public companies for signs of unusual risk. The Monitor alerts users when financial information or other company disclosures signal possible weakening of company performance or when other developments, such as litigation, selling by insiders, related-party transactions or compensation arrangements, could harm stakeholders or foretell larger problems to come. Risk Monitor is a web based application that provides a near real-time ranking of a company's relative risk. Risk Monitor uses quantitative tools to analyze millions of data points to identify patterns that have been historical indicators of risk. It then ranks public companies based on their relative risk profile. The risk profiles, generated in near real-time, summarized as percentile-based scores, are calculated by tracking more than thirty data patterns that Glass Lewis has identified as predictive of risk to shareholder value. Glass Lewis publishes comprehensive studies on accounting issues and regulatory developments that disproportionately affect certain companies or industries. These Trend Reports allow stakeholders to remain abreast of major developments that can impact public companies and their value. A list of recent Trend Reports is available. Glass Lewis is the leading, independent provider of global corporate governance and proxy research. Proxy Paper features contextual, objective analysis of corporate governance issues and voting recommendations on all proposals contained in thousands of global proxies.