Credit Benchmark, the consensus-based credit analytics provider, has appointed Thomas Gilligan as chief commercial officer, effective immediately.
Based in New York, Gilligan will lead the firm’s global commercial team and will be responsible for global go-to-market strategy and distribution channels.
Gilligan joins Credit Benchmark from IHS Markit where he was head of Americas equity sales. During his career, he has gained expertise in the risk data and analytics space, having served as a founding member of the IHS Markit alternative data committee.
He joined IHS Markit in 2012 as part of the acquisition of Data Explorers. Prior to Data Explorers, he worked closely with the prime brokerage clients of Morgan Stanley and Lehman Brothers.
Donal Smith, co-founder and chairman at Credit Benchmark, comments: “Thomas Gilligan brings a track record of commercial success with a critical understanding of our customers’ requirements around risk and data.”
Smith adds: “We are thrilled to have him in this newly created role accelerating our growth efforts as we expand our market reach organically and across third party data distribution partners.”
Last year, Credit Benchmark’s credit risk data became available on the Bloomberg Terminal and will be available for clients to license for an enterprise use case.
Credit Benchmark also specialises in enterprise-wide applications including securities finance, asset management and debt capital markets as well as partnering with financial institutions globally and publishing a consensus rating and other metrics that include coverage of more than 34,000 public and private companies.
