Transparent,
model-driven ratings
for private credit.

Transparency Analytics is a new company dedicated to measuring risk and delivering transparent, technology-driven solutions for clients in the evolving world of private credit.

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Why
Transparency
Analytics?

Close private credit deals faster

Reviews in hours, clear scoring, and modern workflows.

No longer a “black box“

Full transparency and certainty during rating review

Scaled to fit your business

Modern ratings that move at your pace - structured, explainable, and quick

Benefits

Rapid Turnaround

Instant indicative ratings in hours. Full ratings in under 7 days.

Streamlined Submissions

Upload, track, and manage deal docs in one place

Interactive Modeling

Adjust terms. See the impact instantly.

Explainable Scores

Clear logic behind every input.
No surprises in committee.

Live Progress Tracking

Always know where your rating stands.

How we deliver
speed and structure

Guided uploads and document tracking are built into a secure data room. No bottlenecks. No email chases.
Exchange feedback with analysts directly in the platform. Stay aligned. Keep momentum.
Tweak deal terms and preview rating impact in real time.
Comprehensive compliance and regulatory services to ensure adherence to industry standards. We help navigate complex regulatory requirements and maintain compliance.
Track every document and decision in one place.

Built for trust,
backed by experts

Michael Brawer

MICHAEL BRAWER

[CEO]

Financial services executive with expertise in risk management and operations.

LinkedIn
Philip Galgano

PHILIP GALGANO

[HEAD OF ANALYTICS]

Experienced financial services professional with expertise in credit and capital markets.

LinkedIn
Kristin Costello

KRISTIN COSTELLO

[CHIEF COMPLIANCE OFFICER]

Experienced financial services and regulatory professional.

LinkedIn
Chris Tolles

CHRIS TOLLES

[COO]

Experienced Silicon Valley executive, entrepreneur & 3X co-founder.

LinkedIn

  • Microsoft

    Technology – Software/Diversified

    Issuer Credit Rating: AAA
    Outlook: Stable

    Full Report

  • Accenture plc

    Technology – Services

    Issuer Credit Rating: AA-
    Outlook: Stable

    Full Report

  • Costco Wholesale Corporation

    Retail

    Issuer Credit Rating: AA-
    Outlook: Stable

    Full REPORT

  • Comcast Corporation

    Media & Communications

    Issuer Credit Rating: A-
    Outlook: Stable

    Full REPORT
VIEW RECENT RATINGS

Methodologies and Rating Scales

Non-NRSRO Methodologies

Rating Scales

FAQs

  • Most full ratings are completed in under seven business days. Indicative ratings are often delivered within 24 hours.

  • Yes. They’re used in real transactions by funds, sponsors, and lenders — including deals involving public issuers.

  • We cover corporate, asset-backed, and structured private credit deals.

  • Yes. Reports are designed to support investor discussions, IC memos, and diligence.

  • They do. We align with accepted frameworks for transparency and audibility.

  • Not currently — but we follow similar discipline, documentation, and scoring rigor.

  • We offer ratings in days, not weeks. Built for deal teams, not legacy workflows.

  • No. Automation accelerates the process, but analysts provide final review and context.

  • Underwriters, credit professionals, and deal teams working in private credit.

  • Just your deal documents. Our platform guides the rest.