Data supply services: credit rating data and financial research services
description Description
Directorate-general for Budget is in charge of the asset management of the multiple guarantee funds, competitions fines and the off-budget assets for other European Commission services and other European Union institutions.
In that context, Directorate-general for Budget closely monitors financial risks associated with the asset management activities of the directorate, ensures reporting on the risks and performance; monitors the asset management activities outsourced to third parties and develops risk management systems and processes.
To ensure that the European Commission meets its legal duties, Directorate-general for Budget needs to access the ratings and financial data research services.