About S&P Global Inc
History
S&P Global Inc, known formerly as McGraw Hill Financial, boasts a storied history that dates back to 1860. Its journey began with Henry Varnum Poor's publication that detailed the history and operations of US railroads and canals. Over the years, it evolved through mergers and acquisitions, notably merging with the Standard Statistics Company in 1941 to form Standard & Poor's, which played a pivotal role in the development of financial market intelligence. In 2016, the company rebranded to S&P Global to better reflect its broad range of capabilities beyond credit ratings.
Core Business
S&P Global operates as a foremost provider of transparent and independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. Its central operations encompass credit ratings provided by S&P Global Ratings, market intelligence, and analytics. This core serves to enable investors, companies, and governments to make informed financial decisions.
Side Business
Beyond its core offerings, S&P Global has diversified its services to include market and commodity information through S&P Global Market Intelligence and S&P Global Platts. These divisions offer in-depth insights and analytics across various sectors, including energy, commodities, and technology. Moreover, the acquisition of IHS Markit in 2021 further expanded its services into areas such as automotive, maritime, and aerospace.
Current Market Status
As of 2023, S&P Global Inc stands robust in the global market, with a strong presence across multiple sectors and a commitment to delivering thorough and actionable insights. It continues to innovate and expand, affirming its position as an indispensable partner to businesses and investors seeking to navigate the complexities of modern markets. With its diverse services and global footprint, S&P Global Inc is well-positioned to maintain its leadership in providing critical data and analytics.