Everyone I have spoken with in the industry wants more choice and more rigor in corporate analytics. -Ed Chambliss
New York, NY (PRWEB) March 29, 2011
Rapid Ratings™ International Inc. announced Monday (March 28) that Ed Chambliss, a 35-year Wall Street veteran with extensive experience in high yield and investment grade capital markets, has joined the company to continue its expansion offering buy-side and sell-side institutions investment and risk management products.
Rapid Ratings' unbiased ratings of industrials' and financial institutions' financial health are used increasingly by institutional investors, fiduciaries, banks, brokers and others to evaluate investment and lending risks as well as to conduct risk management of current exposures.
"Ed is an exciting addition to the Rapid Ratings team," said James H. Gellert, chairman and CEO of Rapid Ratings. "He has deep understanding of the capital markets and is well respected by his peers and ex-colleagues from all parts of his career. Ed is joining at a time when our ratings are being proven by academics and users to be superior to traditional ratings and analytical tools; he will contribute meaningfully to the number of firms integrating the FHR™ into their workflow."
Chambliss will serve as senior vice president for financial institutional sales. He comes to Rapid Ratings after a stint in leveraged loan sales and trading at LaBranche & Co., Inc. He previously worked at Swiss Bank-O'Connor Partners/UBS in derivatives sales, Yankee debt origination, private placements and insurance industry corporate finance. Prior to this, Chambliss was at Salomon Brothers in municipal sales in Philadelphia and then New York. As manager of the Salomon Brothers Preferred Stock Department, he led the firm to its No. 1 ranking in product origination and distribution. He also held sales management positions in high yield in New York and Boston.
"I look forward to working with James and the whole Rapid Ratings team," said Chambliss. "My experience will fit in well with the company's goal of increasing institutional product sales. Everyone I have spoken with in the industry wants more choice and more rigor in corporate analytics."
Chambliss earned a bachelor's degree in history from Princeton University.
About Rapid Ratings International
Rapid Ratings International, based in New York City, is an independent ratings and analytics firm that provides ratings of thousands of companies' financial health for investment and risk management professionals, using a unique, proprietary quantitative ratings system. The company also has a site in the Purdue Research Park of Indianapolis. Rapid Ratings' Financial Health Ratings (FHRs™) measure a company's overall ability to remain competitive into the future and provide early, actionable information so that users can evaluate credit risk more accurately, as well as make more well-informed investment and trading decisions. Rapid Ratings' customers include sell-side and buy-side financial institutions' portfolio and risk managers as well as corporations' supply chain and credit managers. More information on Rapid Ratings can be found at http://www.rapidratings.com
Media contact: Cynthia Sequin, 765-588-3340, casequin(at)prf(dot)org
86 Chambers Street, Suite 701
New York, NY 10007
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