S&P Global Inc. (SPGI) Presents at Annual Raymond James Institutional Investors Conference (Transcript)

S&P Global Inc. (NYSE:SPGI) Annual Raymond James Institutional Investors Conference March 4, 2024 11:35 AM ET

Company Participants

Doug Peterson - Chief Executive Officer

Conference Call Participants

Patrick O'Shaughnessy - Raymond James

Patrick O'Shaughnessy

All right. We will go ahead and get started. Thanks everybody for joining us right before lunch time here, really appreciate it. I'm Patrick O'Shaughnessy, the capital markets technology analyst here at Raymond James. And up next we have S&P Global. And on their behalf we have CEO, Doug Peterson. Doug thanks for making the trip.

Doug Peterson

Thank you, Patrick. This is one of my favorite conferences love to be here.

Patrick O'Shaughnessy

Appreciate you coming. So for the benefit of the generalists and the PMs in the room, maybe just kick it off with a brief overview of the company. What does S&P do and look like today? And how does that compare to what it looked like five years ago?

Doug Peterson

Yeah. First of all as I said thank you for having us here. And let me go back and give you just a little bit of context. S&P Global has roots that go back to 1860. And, obviously, since then especially over the last 10 years, five years we've shaped the portfolio to provide benchmarks, analytics, research and data for financial markets across credit ratings, indices, commodity information, market intelligence and automotive -- the automotive industry. We do this through an approach to managing the company that's disciplined. We look at a capital allocation model, which is we think is very strong something that we feel is important for us to have clarity around that.

And over the last few years, we've put a lot of capital into AI, into technology, into data. This is critical for us to have that important relationship with our