The Tempo Issuer & Counterparty Scorecards ('TICS')

For investors who want to understand more about the strength of banks behind structured products

Welcome to 'TICS': a section of our website for investors who want to understand more about the financial strength of the counterparty banks behind structured products.

Counterparty risk is generally considered to be the most fundamental risk of a structured product for investors to consider.

Both the potential returns of a structured product and the repayment of capital invested usually depend upon the financial stability of the counterparty bank throughout the investment term.

Professional advisers and investors should seek to identify structured products which are backed by strong issuers / counterparties - not least as this is a regulatory requirement / expectation for professional advisers when providing advice about structured products

The Tempo Issuer and Counterparty Scorecards (‘TICS’) have been designed by Tempo to support professional advisers who need to understand more about the financial strength of the counterparty banks behind structured products

Tempo produce 9 research inputs for professional advisers each month, covering 40 financial institutions / banking groups, including all 30 ‘G-SIBs’ (global systemically important banks).

TICS provides professional advisers with access to multiple, widely recognised indicators of financial strength, pertinent to analysing, considering and understanding counterparty financial strength / credit risk, using a robust methodology, including a scoring system, supporting professional adviser research and due diligence.

We are delighted that Tempo has agreed to offer access to part of TICS for investors through Best Price.

Investors can access the 'TICS: Side-by-Side View' and a selection of 'TICS: Reports', which together offer a level of information that is not readily or easily accessible by investors anywhere else.

  • The TICS Side-by-Side View provides metrics which are widely considered relevant in identifying and assessing the financial strength of counterparty banks, allowing these metrics to be compared ‘side-by-side’ for about 15 banks, in alphabetical order from BNP to UBS.

  • The TICS Reports include both the metrics shown within the ‘TICS: Side-by-Side View’ and show the scoring that Tempo attributes to each ‘TICS Factor’ (highlighting the worst, best and average data point for each factor) and each ‘TICS Category’, for each counterparty


TICS Side-by-Side View

TICS Side-by-Side View

The TICS: Side-by-Side View provides metrics which are widely considered relevant in identifying and assessing the financial strength of counterparty banks, allowing these metrics to be compared ‘side-by-side’ for about 15 banks, in alphabetical order from BNP to UBS

Click here to access TICS Side-by-Side_View

TICS Side-by-Side View

TICS: Report - BNP Paribas

BNP Paribas is a leading French bank. It operates across three core business areas: retail banking, corporate and and institutional banking, and investment solutions.

Click here to access TICS Report: BNP Paribas

TICS Side-by-Side View

TICS: Report - Citi

Citi is a leading American bank. Its core business activities are: safeguarding assets, lending money, making payments and accessing the capital markets on behalf of clients.

Click here to access TICS Report: Citi

TICS Side-by-Side View

TICS: Report - Credit Agricole

Credit Agricole is a leading French bank. Its core business activities are: community banking, asset management, capital markets, corporate banking, structured finance and bank insurance.

Click here to access TICS Report: Credit Agricole

TICS Side-by-Side View

TICS: Report - HSBC

HSBC is a leading UK bank. It operates across four core business areas: retail banking and wealth management, commercial banking, global banking and markets, and global private banking.

Click here to access TICS Report: HSBC

TICS Side-by-Side View

TICS: Report - Investec

Investec is a leading South African bank. It operates across three core business areas: corporate and institutional nanking, private banking, wealth, investment and asset management.

Click here to access TICS Report: Investec

TICS Side-by-Side View

TICS: Report - JP Morgan

JP Morgan is a leading American bank. It operates across four business areas: retail, private, commercial and investment banking, including treasury, securities and asset management services.

Click here to access TICS Report: JP Morgan

TICS Side-by-Side View

TICS: Report - Natixis

Natixis is the corporate, investment, insurance and financial services arm of Groupe BPCE, a leading French bank, incorporating two retail banking networks: Banque Populaire and Caisse d’Epargne.

Click here to access TICS Report: Natixis

TICS Side-by-Side View

TICS: Report - Royal Bank of Canada

Royal Bank of Canada is a leading Canadian bank. It operates across six core business areas: personal and commercial banking, corporate and investment banking, wealth management and insurance.

Click here to access TICS Report: Royal Bank of Canada

TICS Side-by-Side View

TICS: Report - Santander

Santander is a leading Spanish bank. It operates across four core business areas: individual customers, private banking and corporate and institutional banking and services.

Click here to access TICS Report: Santander

TICS Side-by-Side View

TICS: Report - Societe Generale

Societe Generale is a leading French bank. It operates across three core business areas: retail banking, international retail banking and corporate and investment banking.

Click here to access TICS Report: Societe Generale

TICS Side-by-Side View

TICS: Report - UBS

UBS is a leading Swiss bank. It operates across three core business areas: private banking, investment banking and asset management.

Click here to access TICS Report: UBS

Product Providers

Structured Products Investor newsletter

We are also delighted to be able to introduce a new client newsletter, the Best Price FS Structured Products Investor, with the support of Tempo.

Contributing journalists will include the highly respected Financial Times ‘adventurous investor’ columnist, David Stevenson.

The first publication also features an article written by the global head of Tempo, Chris Taylor.

Want to stay up to date with the latest structured product news?