How do I know CariCRIS ratings are fair and reliable in the absence of a track record?
Credit rating is not a precise quantitative science but in a sense an analytically rigorous art which combines quantitative analysis with sharp judgement. Recognizing this, CariCRIS has designed its operations to be backed by a tremendous pool of technical expertise and a wealth of Caribbean knowledge and experience. CariCRIS has entered into a technical consulting agreement with CRISIL Limited out of India. CRISIL is India’s premier rating agency and the fourth largest internationally after S&P, Moody’s and Fitch. CRISIL, which is a strategic partner and affiliate of S&P, has also invested in the equity of CariCRIS. CRISIL successfully pioneered ratings in India at a time when credit ratings were totally unheard of and today India has the largest number of entities rated in the world, after the USA. CRISIL brings to CariCRIS not only its expertise as the largest and most successful credit rating agency in any emerging market across the world, but also its experience of providing techn
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